Climate Change and Sovereign Risk

About the Course

Duration: 40 minutes

This course examines ways climate change affects the cost of sovereign borrowing—the interest rate on debt issued by a central government that determines debt servicing costs. It explains how these dynamics could hinder public investment in climate-resilient infrastructure and broader climate adaptation, exacerbating climate risk exposure and debt sustainability, and explores the example of Southeast Asian economies highly susceptible to the impacts of climate change. It also describes policy solutions for mitigating climate-related sovereign risks and climate-proofing public finances across Asia and the Pacific and beyond.

The course consists of 4 units:

Unit 1: Conceptual Transmission Channels (11 minutes)
Unit 2: Stylized Facts for Southeast Asia (9 minutes)
Unit 3: Estimating the Impact of Climate Change on Sovereign Borrowing Costs (14 minutes)
Unit 4: Mitigating and Managing Climate-Related Sovereign Risks (6 minutes)

Learning Objectives

Learn how climate change could impact sovereign borrowing costs
Develop an understanding of effective policy responses for addressing climate-related sovereign risks

How to Complete this e-Course

Watch 4 short video lessons
Review open access reading materials
Successfully pass quiz with a score of 8/10 or higher
Answer feedback questions
Certificate with unique ID will be issued upon completion of course requirements

Contacts

Lilian Tan, E-Learning Consultant, Asian Development Bank Institute

Email: course-inquiry@elearning-adbi.org

For whom?

Employee
Freelance
In retraining
Job seeker
Student

Funding

Free

Duration

3-6 months