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Forsiden av dokumentet Climate risk and the Norwegian exchange rate

Studie

Climate risk and the Norwegian exchange rate

This study discusses whether climate risk, in the form of physical risk and transition risk, may cause an appreciation or depreciation of the Norwegian krone. Since countries vary greatly in their exposure to and capacity to manage different types of climate risk, assessing the exchange-rate impact entails evaluating how much a country may lose or gain from climate risk compared to its trading partners. The study highlights factors suggesting that the Norwegian krone may face lower climate risk compared to currencies of trading partners, and investigates empirically whether climate risk has affected the krone exchange rate over the past decade.

Publisert

Eier

Norges Bank

Forfatter

Q. Farooq Akram

Språk

engelsk

ISBN

9788283793314

Tema

Klima og miljø økonomi