-
Climate risk vulnerability significantly hikes emerging economy borrowing costs
12 October 2020Emerging economies that are highly vulnerable to climate risk have been hit with "significant rises" to their cost of borrowing, according to a report, more than doubling the sovereign bond yield premium compared with lower risk peers.
-
Climate change increases cost of debt for developing countries
06 August 2018The intensification of climate risks and the degree to which they are accurately priced by financial markets are of increasing concern to global economic stability. However, as awareness around those risks has risen over the last years, there is still a long way to go to consistently measure and monitor their costs, which can result in substantial gains or losses for institutional investors. Vincent Huck reports