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Disasters and currency risk: implications for development and climate finance
21 February 2025Foreign exchange risk is a development risk, and tackling it should be a core pillar of global efforts to build resilience in disaster-prone economies, write Ulrich Volz, Yuen Lo, Harald Hirschhofer and Callum Thomas
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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.