SOAS University of London

Department of Economics

Climate Change and the Cost of Capital in Developing Countries (UN Environment, 2018)

This collaborative research project with Imperial College Business School has been commissioned by UN Environment. It has received financial support from the MAVA Foundation.

The research investigates the relationship between climate vulnerability, sovereign credit profiles, and the cost of capital in developing countries. 

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Climate Change and the Cost of Capital in Developing Countries

Read the full report on Climate Change and the Cost of Capital in Developing Countries.

Read the executive summary of the report. The report summary is available in the following languages:

Find out more details in the technical background paper: Gerhard Kling, Yuen Lo, Victor Murinde and Ulrich Volz, ‘Climate Vulnerability and the Cost of Debt,’ mimeo, London: SOAS University of London, 2018.

A report launch event with a presentation of the main research findings, a keynote and panel discussion took place on 2 July.

The research findings have been widely reported on in the media, including coverage by the Financial Times, Reuters and Forbes.

For questions please contact Ulrich Volz.