Outputs (2)

Climate Change and the Cost of Capital in Developing Countries (2018)
Report
Buhr, B., Volz, U., Donovan, C., Kling, G., Lo, Y. C., Murinde, V., & Pullin, N. (2018). Climate Change and the Cost of Capital in Developing Countries

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 geophysi... Read More about Climate Change and the Cost of Capital in Developing Countries.

Climate Vulnerability and the Cost of Debt (2018)
Preprint / Working Paper
Kling, G., Lo, Y. C., Murinde, V., & Volz, U. Climate Vulnerability and the Cost of Debt. London

We use indices from the Notre Dame Global Adaptation Initiative to investigate the impact of climate vulnerability on bond yields. Our methodology invokes panel ordinary least squares with robust standard errors and principal component analysis. The... Read More about Climate Vulnerability and the Cost of Debt.