A range of studies has analysed how climate-related risks can impact financial markets, focusing on equity and corporate bond holdings. This article takes a closer look at transition risks and opportunities in residential mortgages. Mortgage loans are important from a financial perspective due...

Climate change poses several risks to the value of financial assets and financial stability. The study conducted in this paper focuses on the German banking sector and estimates its exposure to climate risks arising from a transition to a carbon-neutral economy. Our analysis identifies the...

Against the backdrop of climate-mitigation and green growth policies as well as regulations to account for climate-related risks in the financial sector, this study employs the Computable General Equilibrium model and Merton's Distance to Default model to study the implications of Kenya...

Im Klimaschutzgesetz hat sich Deutschland verpflichtet, schrittweise bis 2045 klimaneutral zu werden. Unternehmen aus Industrie und dem Dienstleistungssektor müssen daher ihre Produktion und Geschäftspraktiken umstellen, Finanz institutionen ihre Bewertungskriterien anpassen. Das bedarf in...

In its Federal Climate Change Act, Germany has committed to achieving climate neutrality by 2045. To do so, companies from both the industrial and the service sectors must adjust their production and business practices, and financial institutions must adjust their evaluation criteria. In many...

The Paris Agreement signals increased climate awareness and potential changes in the business environment as an economy decarbonizes. Ratification of the Paris Agreement could heighten climate-related transition risks, especially for companies in high-emitting industries. This research analyzes...