Climate change increases cost of debt for developing countries

Climate change increases cost of debt for developing countries

The intensification of climate risks and the degree to which they are accurately priced by financial markets are of increasing concern to global economic stability. However, as awareness around those risks has risen over the last years, there is still a long way to go to consistently measure and monitor their costs, which can result in substantial gains or losses for institutional investors. Vincent Huck reports

Will TCFD boost demand for weather hedging?

Will TCFD boost demand for weather hedging?

Growing pressure on companies and investors to disclose the potential impact of climate-change could lead to more use of weather risk management contracts, some analysts believe. Graham Cooper reports

ESG consideration gaining ground in credit risk analysis

ESG consideration gaining ground in credit risk analysis

Environmental, social and governance (ESG) issues are no longer a concern only to equity investors, as fixed income market participants, including credit rating agencies, are increasingly paying heed to them, says the PRI's Carmen Nuzzo.