How to avoid the spiral of climate vulnerability and unsustainable debt


Manage episode 280649671 series 1404008
By Asia's Developing Future and Asian Development Bank Institute. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
As the impacts of climate change on the natural environment increase, so too are associated risks to macroeconomic stability and fiscal sustainability, particularly among climate vulnerable economies in developing Asia and the Pacific. In this podcast, ADBI research fellow, John Beirne, discusses the ways in which climate risks affect the cost of sovereign borrowing and the sustainability of public finances, with a focus on Southeast Asia which is highly threatened by climate change. The discussion draws upon the new book, Climate Change and Sovereign Risk, which Beirne co-wrote, together with experts from SOAS University of London, ADBI, the World Wildlife Fund for Nature, and 427. Read the transcript Related link Climate Change and Sovereign Risk Exploring the link between climate change and sovereign risk

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