Stock markets are not pricing in the risk of climate change, warns IMF

Nov 9, 2020

COVID-19 natural disasters GDP economics equity investment climate change risk

Natural disasters are becoming increasingly common due to climate change. Image: Unsplash/John Middelkoop

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Climate change natural disasters risk frequency

The risk of natural disasters is on the rise. Image: World Bank Group, Climate Change Portal, IMF

Cliamte disasters stock market impact risk market

Impact of natural disasters on stock market indices has been modest, except for extreme cases. Image: Emergency Events Database, Refinitive Datastream, IMF

Equity valuation 2019 natural disasters climate risk

The correlation between 2019 equity valuation and climate risk is limited. Image: Refinitive Datastream, Verisk Maplecroft, IMF

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