How to make communities more resilient to climate change
Peer-Reviewed Publication
Updates every hour. Last Updated: 18-Jun-2026 03:16 ET (18-Jun-2026 07:16 GMT/UTC)
Researchers are proposing a new strategy for local governments to make municipalities more resilient against climate change. The “compounded resilience” strategy lays out how local governments can take advantage of opportunities to both limit adverse impacts of climate change on their communities and reduce the greenhouse gas emissions that drive climate change.
This special issue examines the multifaceted impact of climate change on business and finance, bringing together eight studies that explore how climate risks, opportunities, policies, and sentiment shape corporate behavior, investment decisions, and market dynamics. Key findings reveal that state ownership and environmental regulations significantly influence corporate environmental investment, while climate opportunity exposure can lower firms’ cost of capital in emerging markets. The research also highlights how climate policy uncertainty drives ESG performance improvements, and how both physical and transition climate risks amplify volatility in cryptocurrency markets. These insights underscore the growing integration of climate considerations into financial decision-making and point to actionable strategies for firms, investors, and policymakers navigating a climate-conscious economy.