Climate Change and the Cost of Capital in Developing Countries (UN Environment, 2018)
This report represents the first systematic effort to assess the relationship between climate vulnerability, sovereign credit profiles, and the cost of capital in developing countries.
Climate risks are multi-dimensional, covering a range of geophysical, social, and economic issues. The intensification of these risks and the degree to which they are accurately priced by financial markets are of increasing concern to global economic stability.
Read the Report
This report has been prepared by Imperial College Business School and SOAS University of London. The research was commissioned by UN Environment and received financial support from the MAVA Foundation.