Rising tides – the impact of coastal flooding on sovereign credit risk – BNP Paribas Asset Management

With sea levels continuing to rise, coastal flooding is already a considerable – and growing – economic threat to low-lying regions, says BNP Paribas Asset Management.

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... A recent academic study – presented at the latest conference of the Global Research Alliance for Sustainable Investment and Finance (GRASFI) – looks into whether investors account for and hedge this hazard by exploiting country exposure to such floods.

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