The Academic Perspective
摘要
This chapter provides a comprehensive analysis of the interplay between climate change and banking, through both quantitative bibliometric analysis and qualitative literature review. The bibliometric analysis reveals an exponential growth in academic publications since 2020, with leading contributions from China, Italy, and the United States published primarily in financial stability journals. The network analysis identifies four distinct research clusters centred on climate change, climate risk, financial stability, and banking. The qualitative review systematically examines micro-level impacts, showing how physical and transition risks affect credit risk, market valuation, liquidity, and lending volumes. At the macro level, the chapter also explores systemic risk implications, highlighting potential non-linear effects and amplification mechanisms through financial contagion. Overall, the analysis provides a comprehensive academic landscape, highlighting both established patterns and emerging frontiers in understanding how climate risks are transforming banking operations and stability.