… to dynamically hedge climate change risk. We extract innovations from climate news series
… We then use a mimicking portfolio approach to build climate change hedge portfolios. We …

… Utilizing two novel measures of transition and physical climate risks obtained from textual
analysis, we examine the hedging benefits of various green … Hedging climate change news …

… index rises, there is increased demand for these bonds as a hedge against climate change
news risk. Consequently, investors are willing to pay higher prices for bonds with higher β …

… the efficacy of our approach in hedging various types of climate news shocks, considering
a … return correlations for climate change baseline hedge portfolios and various news-based …

… more likely to hedge their expressions on global climate change than local newspapers and
popular magazines. In terms of hedging, television news programs (42.7% hedged) would …

… The present research focuses on hedges in journalistic discourse because it has not … the
translation of hedging devices used in online English newspaper articles on climate change. It …

… By identifying the impact of important climate change news and climate change–related
events on assets, we provide investors with decision references to avoid losses due to climate …

… Building on a growing literature that combines textual analysis with a dynamic hedging …
that dynamically hedge climate change risk in the Norwegian stock market. Since climate risk is …

… reducing the risks of climate change and the long… news and volatility shocks transmit from
one market to another. We note that the climate bond market is affected by its own lagged news …

… to the risk posed by climate change. Notably, the authors also find … climate change exposure
on currency hedging can be specifically attributed to the regulatory aspect of climate change …