Bloomberg: A climate reckoning is coming for the world’s government debt

Further coverage of a study co-authored by Kamiar Mohaddes, Associate Professor in Economics & Policy at Cambridge Judge Business School, on the effects of global warming on sovereign credit ratings. The study found “that 63 out of 108 sovereign debt issuers, including Canada, Germany, Sweden, and the U.S., would experience climate-induced downgrades by 2030 under a scenario in which emissions reductions failed to meet global targets.”

Read the full article [bloomberg.com]