Rising temperatures, falling ratings: The effect of climate change on sovereign creditworthiness

P Klusak, M Agarwala, M Burke… - Management …, 2023 - pubsonline.informs.org
Enthusiasm for “greening the financial system” is welcome, but a fundamental challenge
remains: financial decision makers lack the necessary information. It is not enough to know …

Steady-state security region of integrated energy system considering thermal dynamics

S Zhang, W Gu, XP Zhang, H Lu, S Lu… - … on Power Systems, 2023 - ieeexplore.ieee.org
The worldwide promotion of electric heating improves the operational flexibility of the power
system (PS). However, it also increases the risk of cascading failure due to the bi-directional …

[HTML][HTML] Climate change and the pricing of sovereign debt: Insights from European markets

IA Boitan, K Marchewka-Bartkowiak - Research in International Business …, 2022 - Elsevier
The paper analyses the impact of several climate change metrics (performance, exposure to
extreme events, vulnerability, readiness, climate debt) on the cost of government borrowing …

[HTML][HTML] Assessing the fiscal implications of changes in critical minerals' demand in the low-carbon energy transition

P D'Orazio - Applied Energy, 2024 - Elsevier
This study introduces the Fiscal Revenue Risk Index (FRRI), a novel metric designed to
assess the impact of market fluctuations in critical minerals due to the materialization of …

Climate policy uncertainty risk and sovereign bond volatility

S Jia, N Guo, J Jin - Journal of Cleaner Production, 2024 - Elsevier
This study investigates the relationship between climate policy uncertainty (CPU) risk and
the volatility of sovereign bond return (SBV) in 43 economies from 2012 to 2021. It also …

Climate change and economic growth: Plug-in model averaging approach

P Petrović - Journal of Cleaner Production, 2023 - Elsevier
Bearing in mind the devastating nature of climate change, the question of how climate
change affects economic growth is becoming increasingly important. The aim of this paper is …

Climate change and economic activity: evidence from US states

K Mohaddes, RNC Ng, MH Pesaran… - Oxford Open …, 2023 - academic.oup.com
We investigate the long-term macroeconomic effects of climate change across 48 US states
over the period 1963–2016 using a novel econometric strategy that links deviations of …

Sovereign debt and sovereign risk: a systematic review and meta-analysis

X Sun, Y Shen, G Li - Applied Economics, 2024 - Taylor & Francis
This paper presents a panoramic overview of sovereign risk research. Based on 143 top
papers and 2343 mainstream papers retrieved, bibliometric analysis and content analysis …

Role of Local and Regional Authorities in Inclusive, Resilient, and Green Recovery for Sustainable Development: Case Study of Greece

S Kalogiannidis, F Chatzitheodoridis… - … Sustainability in the …, 2023 - igi-global.com
This study sought to investigate the role of local and regional authorities in inclusive,
resilient and green recovery for sustainable development using Greece as a case study. A …

Temperature variability, natural disasters and bank systemic risk: Evidence from Chinese city commercial banks

D Wang, Y Wang, Y Liu - Economics Letters, 2024 - Elsevier
This paper examines the impact of temperature variability on bank systemic risk and the
mediating effect of natural disasters. By employing data of 105 Chinese city commercial …