Li, X., Gallagher, K.P. Assessing the climate change exposure of foreign direct investment. Nat Commun

Objective:

• Examine the physical climate risks of FDI

Case:x

• Global firms

Methodology:

• Fixed effects regression

Data Source

• Firm-industry-host-country data
• FDI

Findings:

• FDI is exposed to lower physical climate risks compared with local firms

• The differences of physical climate risks between overseas and local facilities are small

• Chinese FDI is exposed to higher water stress, floods and hurricanes and typhoon risks across host countries

Coding Reference:

• Not available