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Climate change is becoming a game changer for government debt

As governments continue to raise their debt ceilings, it becomes crucial for us to adapt to this new normal. Most recently, the United States found itself in this position. But what factors contribute to the rising costs? And how should we evaluate a government’s creditworthiness?

 

 

In this article, Hilde Veelaert and Pim Burggraeve elaborate

further on the political wrangling surrounding the US debt ceiling,

rising sovereign debt, impact of climate change on sovereign debt levels, costs of the sustainability transition and the importance of ESG assessments for investors to avoid risk.

Read the article here