| Title | Climate risk and financial stability / |
|---|---|
| Translation of Title | Klimato kaitos rizika ir finansinis stabilumas. |
| Authors | Kuruppath, Abhishek |
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| Pages | 70 |
| Keywords [eng] | Climate change Environmental risks, Extreme weather events, Transition risk, Physical risk, Carbon pricing, Carbon footprint, Short-term debt, ROA, CFO, TEG, NGFS, TCFD, IPCC, |
| Abstract [eng] | The research study used secondary data gathered from various academic publications and scholarly databases, industry reports and other policy documents in both quantitative and qualitative form to address the underlying research objectives. The research data collected from secondary sources help in deeper comprehension of how climate effects financial stability. The research aims at studying the impact of climate risks on financial stability and a mixed methodology approach combining numerical and non - numerical data is used to get a comprehensive understanding. The pragmatic research philosophy is employed to utilize diverse methods for constructing technology. An abductive approach is used to explain sequential research starting with qualitative analysis combining quantitative to understand the topic better. The research deeply focuses on how climate crisis like natural disasters and unpredictable weather effects the efficiency of the financial system. It focuses on factors such as identifying climate change exposures, assessing consequences of climate change and spillover effects of climate related financial disruptions to tackle climate change. The research examines how climatic events like floods and hurricane impact the economy. Climate risks both physical and transitional can effect financial stability which leads to higher insurance expenses, higher default rates, increased costs to transition to greener economy. The research suggests to prioritize climate change mitigation to achieve long term benefits and reduce severity of climate change events. |
| Dissertation Institution | Vilniaus universitetas. |
| Type | Master thesis |
| Language | English |
| Publication date | 2025 |