Author(s)

Simin Yang ¹, Zile Chen ¹, Bowei Zhan ¹, Jing Guan ¹, Yihan Chai ¹

Affiliation(s)

¹ International Business College, South China Normal University, Foshan, China

Corresponding Author

Simin Yang

ABSTRACT

Climate change has become one of the important factors affecting the structural changes of the financial system, and the risks related to climate change have also become one of the sources of financial risks. Based on the perspective of news reports, this paper constructs two climate risk indexes to track and study the risks brought by climate change and the impact of climate risks on the financial sector, so as to lay a solid foundation for preventing financial systemic risks.

KEYWORDS

Climate risk, Financial risk management, Index Construction and Tracking

CITE THIS PAPER

Simin Yang, Zile Chen, Bowei Zhan, Jing Guan, Yihan Chai, Research on the Construction and Tracking Method of Climate Risk Index Based on News Reports. Financial Engineering and Risk Management (2022) Vol. 5: 97-100. DOI: http://dx.doi.org/10.23977/ferm.2022.050413.

REFERENCES

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