IDEAS home Printed from https://ideas.repec.org/a/eee/riibaf/v86y2026ics0275531926000978.html

Climate risk and financial market interdependence in the SADC region: A multiscale analysis

Author

Listed:
  • Maiti, Moinak
  • Chipeta, Chimwemwe

Abstract

The present study examines the heterogenous impact of various climate variables on the Southern African Development Community (SADC) nations financial markets. It shows that different climate factors induce asymmetric stock market volatility across SADC. The transfer entropy estimates confirm that the impact of different climate variables on SADC nations financial markets is heterogeneous, segmented, and influenced by local factors. Further, the wavelet coherence results confirm the presence of asymmetric lag/lead effects over different time horizons across the SADC nation financial markets. Overall, the results show the importance of both short- and long-term climate-finance risk assessment and management measures. Moreover, they highlight the need for prudential policies, regulations, disclosure requirements, and stress testing specific to the SADC region.

Suggested Citation

  • Maiti, Moinak & Chipeta, Chimwemwe, 2026. "Climate risk and financial market interdependence in the SADC region: A multiscale analysis," Research in International Business and Finance, Elsevier, vol. 86(C).
    • Handle: RePEc:eee:riibaf:v:86:y:2026:i:c:s0275531926000978
    DOI: 10.1016/j.ribaf.2026.103370
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0275531926000978
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ribaf.2026.103370?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:riibaf:v:86:y:2026:i:c:s0275531926000978. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ribaf .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.