HAPPENING ON TUESDAY, May 12, 2026. 10:00 AM, via virtual lecture.
UPSE-PCED Seminar featuring UP School of Economics Associate Professor Marjorie C. Pajaron, Ph.D., who is currently a Visiting Scholar at the Stanford University Walter H. Shorenstein Asia-Pacific Research Center (APARC).
Abstract: This paper explores the potential impacts of the physical risks associated with climate change on bank indicators in the Philippines using an innovative provincial longitudinal datasetfrom 2012 to 2024, which was constructed using a myriad of government datasets. The results, which suggest non-linear and heterogeneous effects of climate-induced risks on bank variables, support the existing green financing endeavor of Bangko Sentral ng Pilipinas, and climate-related sustainable development goal (SDG 13) and targets. The findings also confirm those found in the literature that both banks and depositors adjust to climate risks.
Keywords: Bangko sentral ng Pilipinas, Green financing, climate change, bank performance
JEL classification: C1, G21, G5, Q5
Please register using the link below or by scanning the QR code in the poster: https://tinyurl.com/yws9s8ut
