With near unanimity, climate scientists project natural disasters to increase in frequency,
severity, and geographic scope over the next century. We survey academic literature at the …

This literature review describes the recent empirical literature in economics and finance
focusing on how climate change‐related risks affect banks, with a particular emphasis on …

To deal with the increasing number of climate disasters and the negative impacts of climate
change, cities need to improve their climate resilience. This may influence the process of …

This paper considers a hypothetical case in which a bank wants to build a routine climate
stress test exercise on residential mortgage loans. The bank has regularly updated the …

Climate stress testing has been developed these last years to shed light on the exposure
and vulnerability of the financial system to climate-related risks. This paper offers a …

Climate events are increasingly affecting supply chains, leading to frequent and costly
impacts. Managers lack a systematic approach to evaluate risks to individual facilities and …

This paper introduces a novel approach for assessing the daily climate transition risk level in
China and quantifying the climate physical risk associated with various fossil energy stocks …

Global climate change is a phenomenon resulting from the complex interaction of human
influences and natural factors. These changes lead to imbalances in climate systems as …

The global climate is under threat from increasing extreme heat, evidenced by rising
temperatures and a surge in hot days. Heat waves are intensifying worldwide, impacting …

I investigate the exposure of sectoral equity portfolios to climate transition risks by
augmenting a three-factor asset pricing model with a green-minus-brown (GMB) factor as a …