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Faculty of Economics

Smart Sovereign Credit Ratings & Global Warming Downgrades

Dr. Kamiar Mohaddes's paper "Rising Temperatures, Falling Ratings: The Effect of Climate Change on Sovereign Creditworthiness", has been quoted in various news outlets. Including; Reuters, Bloomberg, The Guardian, The Times, The Telegraph The Financial Times, Forbes, The Hill, Rzeczpospolita and Politico.

Reuters - Global warming could cut over 60 countries' credit ratings by 2030, study warns

Bloomberg - Climate-Linked Downgrades Risk $270 Billion-a-Year Price Tag

Bloomberg - Sovereign Rating Cuts coming to those who ignore Climate Change

The Guardian - UK, US and others face credit rating fall over CO2 emissions - study

The Times - Global warming ‘will downgrade Britain’s credit rating’

The Telegraph - Dirty factories threaten Germany’s spotless credit rating

Gillian Tett’s Financial Times column - AI can shine digital sunlight on to company greenwashing

Forbes - Global Warming Could Melt Credit Ratings Of 60 Nations By 2030, Study Shows

The Hill - Study: Climate change could reduce more than 60 countries' credit ratings

Rzeczpospolita - Global warming will hurt the rating of 63 countries

Politico - The Long March to ESG

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 - Friday 19th March 2021


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