Climate Change and Fiscal Sustainability: Risks and Opportunities
(2021)
Journal Article
Agarwala, M., Burke, M., Klusak, P., Mohaddes, K., Volz, U., & Zenghelis, D. (2021). Climate Change and Fiscal Sustainability: Risks and Opportunities. National Institute Economic Review, 258, 28-46. https://doi.org/10.1017/nie.2021.37
Both the physical and transition-related impacts of climate change pose substantial macroeconomic risks. Yet, markets still lack credible estimates of how climate change will affect debt sustainability, sovereign creditworthiness and the public finan... Read More about Climate Change and Fiscal Sustainability: Risks and Opportunities.