Adaptation Using Financial Markets: Climate Risk Diversification through Securitization
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In the face of rising climate risk, financial institutions may adapt by transferring such risk to securitizers that have the skill and expertise to build diversified pools, such as Mortgage-Backed Securities. In diversified pools, exposure to climate risk may have a small impact on performance
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美国国家经济研究局创建时间：
2024-03-01
