This empirical study quantifies corporate valuation and credit impacts of climate-related hazard events, finding statistically and economically significant negative impacts of hazard events on the subsequent valuation of affected firms.

We provide an update in this paper on the worst affected property types and geographic markets—and offer our thoughts on how conditions in the CRE debt markets will likely evolve through the rest of the year.

A staggering nearly one-third of American workers have taken a direct financial hit from the COVID-19 pandemic, either through a lost job, lost hours, or a pay cut.

As institutions attempt to use established, well-developed models to evaluate the current credit environment, it is clear these are not working adequately. This paper addresses these challenges.

Long-term prospects for U.S. economic growth fall short of what held during the second half of the 20th century. The demographic outlook for the next 10 years differs drastically from what held in 1997-2000.

This report analyzes sovereign exposure to floods, heat stress, hurricanes and typhoons, sea level rise, water stress and wildfires based on the only known global dataset matching physical climate risk exposure to locations of population, GDP (Purchasing Power Parity) and agricultural areas within countries.

This analysis uses the TCFD Climate Strategy Assessment dataset from Moody's affiliate V.E to explore how US firms stand against policy recommendations outlined in recent reports by the US Commodity and Futures Trading Commission (CFTC) and the Business Roundtable (BRT) and assesses how disclosure in the US compares to reporting in other markets.

Four Twenty Seven developed a first-of-its-kind global dataset projecting changes to wildfire potential under a changing climate, at a granularity of about 25 x25 kilometers.

The relationship between race and climate change is too often ignored. The recent protests for racial justice and police reform call attention to the fact that racism is still deeply embedded in our institutions and public policies.

The report explores which physical impacts are already locked in, identifies how Representative Concentration Pathway (RCP) scenarios apply, and describes an approach to setting up scenario analysis for near-term physical climate risks.