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Portugal: Inflation may hit 5 6 pct in 2022 in adverse scenario with raw material supply from Russia disrupted – watchdog

Portugal: Inflation may hit 5 6 pct in 2022 in adverse scenario with raw material supply from Russia disrupted – watchdog
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MIL-OSI Translation: How does vulnerability to climate change affect the credit ratings of states?

Source: IMF in French How does vulnerability to climate change affect the credit ratings of states? Serhan Cevik and João Tovar Jalles February 17, 2021 Climate change has made our planet a more perilous space. Damage from heat waves, droughts, hurricanes or coastal flooding not only leads to loss of life and deterioration of livelihoods, but can also have serious consequences for a country’s finances. According to one recent IMF staff studyHowever, a country’s vulnerability or resilience to climate change can have a direct effect on its creditworthiness, the costs of its borrowing and, ultimately, the likelihood that it will not be able to repay its sovereign debt.

United kingdomRepublic of franceMorgan stanleyTovar jallesUniversidade novaSerhan cevikUniversity of cambridgeUniversity of lisbonSciences poPortuguese public finance councilHemisphere departmentCentral asia departmentUniversity of aberdeenAmerican universityNotre dameGlobal adaptation initiative