A Climate Reckoning Is Coming for the World’s Government Debt

Dr. Kamiar Mohaddes's paper on climate change and sovereign credit ratings, has been quoted in an article for Bloomberg News.

The Market Magazine article, looks at the related financial danger posed by climate change. Are credit ratings accounting for the impact that extreme weather events, and the related policy changes to global warming, will have on borrowers and the global debt market?

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.