George Skiadopoulos

  • matin rastin
    Opinion Pieces

    Investors do not care about physical climate risks

    October 2023 (Magazine)

    One of the most pressing questions facing today’s climate research is whether climate change risks are reflected in stock prices. In a peer-reviewed study* recently accepted for publication in Journal of Banking and Finance, we found that investors only care about climate change risks when policymakers intervene, not about physical climate risks.