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Faculty of Economics

Rising Temperatures, Melting Ratings

Dr. Kamiar Mohaddes has published an article for VOXeu that looks at sovereign credit ratings and climate-driven downgrades. The column, "Rising Temperatures, Melting Ratings", joint with Patrycja Klusak (University of East Anglia), Matthew Agarwala (Bennett Institute for Public Policy), Matt Burke (University of East Anglia) and Moritz Kraemer (SOAS Centre for Sustainable Finance), reports on research that uses artificial intelligence to construct the world’s first ‘climate smart’ sovereign credit rating and warns of climate-driven downgrades.

Read full paper:
Rising Temperatures, Falling Ratings: The Effect of Climate Change on Sovereign Creditworthiness, joint with Patrycja Klusak, Matthew Agarwala, Matt Burke and Moritz Kraemer.

Published on - Thursday 25th March 2021

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