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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.

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