Higher climate risks, higher financial costs Climate risks pose physical and transition risks. Nonetheless, the creditworthiness assessment has yet to distinguish climate risk impacts explicitly. In fact, only after the signing of the Paris Agreement in 2015 incipient studies towards assessing climate risks have been observed, allowing today’s broad acknowledgment of the … [Read more...] about Assessing Climate Risks: Climate Change Impact on Sovereign Ratings in the Caribbean
Cloe Ortiz de Mendivil
Cloe Ortiz de Mendivil is the Country Economist for Barbados and The Bahamas at the Inter-American Development Bank (IDB). She is a former consultant at the Trade and Integration Sector of the IDB. She has written multiple long and short reports used to steer discussions among policymakers in Latin America and the Caribbean, as well as to inform non-specialist audiences on the topic of international trade. Prior to joining the IDB, she worked at the private sector doing management consulting and at the Central Bank of Mexico. She holds a Ph.D. in Economics from the University of Minnesota.