Dr. Kamiar Mohaddes's paper on climate change and sovereign credit ratings, has been quoted in the South China Morning Post. The article, by Moritz Kraemer, states that if China's current trajectory of emissions growth continues, its credit rating could drop six notches and face billions more in debt service.

Read full paper:
Rising Temperatures, Falling Ratings: The Effect of Climate Change on Sovereign Creditworthiness, joint with Patrycja Klusak, Matthew Agarwala, Matt Burke and Moritz Kraemer.

Published on: Tuesday 11th May 2021

Climate Change

Credit Rating

China