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A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact of climate change on current sovereign credit ratings. Among them, China, India, the United States and Canada could expect higher
A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact of climate change on current sovereign credit ratings. Among them, China, India, the United States and Canada could expect higher costs as their credit scores fall by two notches under a "climate-adjusted" ratings system, the study published in the Management Science journal on Monday found. "Our results support the idea that deferring green investments will increase costs of borrowing for nations, wh...
As per a Federal Reserve study, extreme weather events might restrict governments' ability to issue debt.
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example of the costs of a
A leading operations management researcher in Lancaster University Management School (LUMS) has been recognised for her contribution to the field.The European Operations Management Association (EurOMA) made Professor Linda Hendry, Head of the Departm