Rating climate risks to credit worthiness

Rating climate risks to credit worthiness

Rating climate risks to credit worthiness, Published online: 30 May 2018; doi:10.1038/s41558-018-0184-z

Credit ratings agencies are now accounting for climate change risks in their ratings of credit worthiness. This could incentivize climate risk reduction efforts if it allows organizations access to cheaper credit. Karl Mathiesen investigates the extent to which this is happening in practice.