Report: Climate risk increases cost of sovereign borrowing

Cecilia Keating
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Report: Climate risk increases cost of sovereign borrowing

New research highlights relationship between climate risk and sovereign risk, and outlines steps governments can take to avoid 'ever-worsening' spiral of climate vulnerability and unsustainable debt burdens

Governments and their central banks must take urgent action to address climate-related risk if they want to protect the overall financial stability of their nations, fresh research has warned. A report...

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