Biodiversity-adjusted sovereign credit ratings

The biodiversity crisis unfolds at a staggering pace, especially in the Global South. What does this mean for the fiscal sustainability of countries whose economies often depend heavily on the exploitation of nature? For this Digest, Patrycja Klusak, Associate Professor in Banking and Finance at Norwich Business School, highlights recent research that aims to adjust sovereign credit scores for the impact of biodiversity risks.
poppy flowers and other meadow flowers with a view of the sky. Photo by Palle Knudsen.

Frontiers of climate and nature in macroeconomics and finance

The macroeconomic challenges from climate and nature change are constantly becoming more prevalent. At a conference hosted by the Banque de France on October 24-25, 2022, early career researchers presented cutting-edge analysis and policy solutions to tackle these challenges. This digests highlights important moments of this conference.

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