气候变化领域集成服务门户(CCPortal): The Nexus of climate crisis and asset liability management in frontier economies

CCPortal

DOI	10.1016/j.techfore.2023.122586
	The Nexus of climate crisis and asset liability management in frontier economies
	Lv, Wendai; Mirza, Nawazish; Umar, Muhammad; Chen, Wei
发表日期	2023
ISSN	0040-1625
EISSN	1873-5509
卷号	192
英文摘要	Climate change is a pressing issue that is disrupting the economic systems through financial and monetary impairment. The extent is more severe in the frontiers markets and compliance with the COP26 agenda is the only recourse for low-income economies. The banks play a critical role in such countries to finance business operations and incorporating sustainability practices in asset liability management can ensure financial resil-ience. In this paper, we assess if climate change has any impact on the mortgage portfolio and deposit mobili-zation of the banking sector. Using a comprehensive sample of 175 banks across twenty-three frontier markets and employing data between 2011 and 2021, we found that climate risk is negatively associated with mortgage exposure and deposit growth. We argue that the impact on mortgages is via physical risk while for deposit mobilization the pressure emanates from transitional factors. The results remained robust even after differen-tiating the banks into big and small categories suggesting that climate change is bringing in risks that will impact the financial sector without any discrimination. The paper has important implications for both transitional and physical risks related to climate change.
英文关键词	Climate change; Mortgages; Deposit mobilization; Physical risks; Transitional risks
语种	英语
WOS研究方向	Business ; Regional & Urban Planning
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000987136800001
来源期刊	TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280345
作者单位	Beijing University of Chemical Technology; Lebanese American University
推荐引用方式 GB/T 7714	Lv, Wendai,Mirza, Nawazish,Umar, Muhammad,et al. The Nexus of climate crisis and asset liability management in frontier economies[J],2023,192.
APA	Lv, Wendai,Mirza, Nawazish,Umar, Muhammad,&Chen, Wei.(2023).The Nexus of climate crisis and asset liability management in frontier economies.TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,192.
MLA	Lv, Wendai,et al."The Nexus of climate crisis and asset liability management in frontier economies".TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE 192(2023).