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Pregled klimatskih projekcija za Hrvatsku i njihovih utjecaja na gospodarstvo i financijski sustav
[Overview of climate projections for Croatia and their impact on the economy and financial system]

Author

Listed:
  • Srdelic, Leonarda

Abstract

This paper applies an interdisciplinary approach that integrates climatology with economic and financial analysis to investigate in detail the effects of climate change on the economy and financial system of Croatia. Using geospatial analysis of data from the IPCC and Copernicus programs, regions within Croatia that are differently exposed to climate risks are identified, enabling a more precise assessment of economic and financial risks. Furthermore, the paper contributes to the theoretical understanding of the relationships between climate change and macroeconomic variables and develops an analytical framework for evaluating the long-term economic effects of climate change. The research findings provide an empirical basis for formulating adaptation and mitigation strategies for climate risks at the national level.

Suggested Citation

  • Srdelic, Leonarda, 2024. "Pregled klimatskih projekcija za Hrvatsku i njihovih utjecaja na gospodarstvo i financijski sustav [Overview of climate projections for Croatia and their impact on the economy and financial system]," MPRA Paper 121319, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:121319
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    File URL: https://mpra.ub.uni-muenchen.de/121319/1/MPRA_paper_121319.pdf
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    References listed on IDEAS

    as
    1. Stavros A. Zenios, 2022. "The risks from climate change to sovereign debt," Climatic Change, Springer, vol. 172(3), pages 1-19, June.
    2. Luma Ramos & Kevin P. Gallagher & Corinne Stephenson & Irene Monasterolo, 2022. "Climate risk and IMF surveillance policy: a baseline analysis," Climate Policy, Taylor & Francis Journals, vol. 22(3), pages 371-388, March.
    3. Markus Baldauf & Lorenzo Garlappi & Constantine Yannelis & José Scheinkman, 2020. "Does Climate Change Affect Real Estate Prices? Only If You Believe In It," The Review of Financial Studies, Society for Financial Studies, vol. 33(3), pages 1256-1295.
    4. Marko Reljić & Marija Romić & Davor Romić & Gordon Gilja & Vedran Mornar & Gabrijel Ondrasek & Marina Bubalo Kovačić & Monika Zovko, 2023. "Advanced Continuous Monitoring System—Tools for Water Resource Management and Decision Support System in Salt Affected Delta," Agriculture, MDPI, vol. 13(2), pages 1-19, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    climate risks; economic activity; financial stability; Croatia;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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