Why Climate Change Vulnerability Is Bad for Sovereign Credit Ratings
Recent IMF staff research has found that a country’s vulnerability or resilience to climate change can have a direct effect on its creditworthiness, its costs of borrowing, and, ultimately, the likelihood it might default on its sovereign debt.
(IMFBlog is a forum for the views of the International Monetary Fund (IMF) staff and officials on pressing economic and policy issues of the day.
The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board)
Por: Serhan Cevik e João Tovar Jalles
Fonte: IMF Blogs, em 17 de Fevereiro de 2021
https://blogs.imf.org/2021/02/17/why-climate-change-vulnerability-is-bad-for-sovereign-credit-ratings/?utm_medium=email&utm_source=govdelivery