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World Economic Forum: Study: Global warming could cut 63 countries’ credit ratings

A study co-authored at Cambridge Judge has predicted that “63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit ratings cut because of climate change by 2030.” The study by Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, says China, Chile, Mexico and Malaysia will be hit the hardest and could see six notches of downgrades by the end of the century.

Read the full article [weforum.org]