His research “The Impact of Flooding on Credit Risk: Evidence from a Global Financial Institution”, investigates how floods influence firm creditworthiness globally, with a focus on private firms in emerging markets. I find that exposure to a single flood event leads to a deterioration in credit ratings of roughly 20% over three years. The results reveal a non-linear relationship: firms experiencing moderate exposure to floods show evidence of adaptive capacity, while those affected by more than five floods suffer sharply increased credit deterioration, indicating limits to resilience.
*This research is part of his PhD Thesis "Three Essays at the Intersection of Environmental Economics, Climate Finance, and Urban Economics", University of Turin & Collegio Carlo Alberto (2025).
Over the past years the number of researchers at UvA Economics & Business that work on Environmental Economics and Sustainability has increased significantly. To provide a natural meeting place for them, we have started a series of Seminars on Environmental Economics and Management of Sustainability (SEEMS).
The series’ first main goal is to increase the visibility of Environmental Economics and the Management of Sustainability at UvA and the visibility of UvA within these fields. Its second main goal is to give PhD candidates working on topics in these fields access to the frontier of knowledge, and to provide them with a training ground where they can present and discuss their ideas.
This will be a hybrid seminar. If you are interested in joining this seminar, please send an email to the secretariat of ASF at asf-feb@uva.nl.