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Climate Economics and Finance: A Literature Review

by Hao Dong a,* orcid  and  Tao Li b
a
Lingnan College, Sun Yat-Sen University, Guangzhou, China
b
School of Social and Political Science, University of Melbourne, Melbourne, Australia
*
Author to whom correspondence should be addressed.
CEF  2023, 3; 1(1), 3; https://doi.org/10.58567/cef01010003
Received: 14 August 2023 / Accepted: 25 September 2023 / Published Online: 3 November 2023
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Abstract

"Climate Economics and Finance" has risen to prominence as a crucial field, encompassing three primary dimensions: Climate Economics, Climate Finance, and the Intersection of Climate Change and Financial Markets. The adverse externalities arising from climate change, exemplifying a classic instance of "market failure" within market economic frameworks, have garnered global attention. Subsequently, we delve into the literature across three dimensions: the interplay between climate change and macroeconomics, the nexus of climate change and financial markets, and economic or financial resilience. In conclusion, we outline various promising avenues for prospective research in the realm of climate economics and finance.

Keywords: Climate Change; Macro-Economics; Financial markets; Resilience; Literature Review;
Copyright: © 2023 by Dong and Li. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

Funding

National Natural Science Foundation of China (72301302) , China Postdoctoral Science Foundation (2022M723680) , Guangdong Basic and Applied Basic Research Foundation (2022A1515110551)

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ACS Style
Dong, H.; Li, T. Climate Economics and Finance: A Literature Review. Climate Economics and Finance, 2023, 1, 3. https://doi.org/10.58567/cef01010003
AMA Style
Dong H, Li T. Climate Economics and Finance: A Literature Review. Climate Economics and Finance; 2023, 1(1):3. https://doi.org/10.58567/cef01010003
Chicago/Turabian Style
Dong, Hao; Li, Tao 2023. "Climate Economics and Finance: A Literature Review" Climate Economics and Finance 1, no.1:3. https://doi.org/10.58567/cef01010003
APA style
Dong, H., & Li, T. (2023). Climate Economics and Finance: A Literature Review. Climate Economics and Finance, 1(1), 3. https://doi.org/10.58567/cef01010003

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