Arbeitspapier
Local Banks and flood risk: The case of Germany
This paper uses a simulation model to evaluate the effects of river flooding events occurring within Germany on regional' banks. Under a 1.5℃ increase in temperature, the impact is overall rather small, even accounting for the devaluation of loans exposed to floods. However, under a 3℃ increase, bank losses can reach 1% of total assets. We show that the implementation of adaptation solutions would be successful in keeping risks at the current level.
- Sprache
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Englisch
- Erschienen in
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Series: JRC Working Papers in Economics and Finance ; No. 2023/13
- Klassifikation
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Wirtschaft
- Thema
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Physical risk
river flood events
dynamic balance sheet
banking crisis
- Ereignis
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Geistige Schöpfung
- (wer)
-
Bellia, Mario
Di Girolamo, Erica Francesca
Pagano, Andrea
Papadopoulos, Georgios
- Ereignis
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Veröffentlichung
- (wer)
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European Commission
- (wo)
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Ispra
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bellia, Mario
- Di Girolamo, Erica Francesca
- Pagano, Andrea
- Papadopoulos, Georgios
- European Commission
Entstanden
- 2023