---
title: Uncertain Climate Policy and the Role of the Financial Stress Transmission Channel
url: https://www.ml-quant.com/papers/repec/baf-cbafwp-cbafwp26285/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-16
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:baf:cbafwp:cbafwp26285
source_url: https://econpapers.repec.org/RePEc:baf:cbafwp:cbafwp26285
featured: 2026-10-16
citations: unknown
topic: Asset Pricing & Factors
---


# Uncertain Climate Policy and the Role of the Financial Stress Transmission Channel

A structural VAR shows climate policy uncertainty depresses equities and raises financial stress through credit channels, creating supply-driven downturns distinct from conventional uncertainty shocks.

- Source: https://econpapers.repec.org/RePEc:baf:cbafwp:cbafwp26285
- Identifier: RePEc:baf:cbafwp:cbafwp26285
- Released: 2026-10-10
- First featured: Quant Letter No. 135 (2026-10-16): https://www.ml-quant.com/issues/2026-10-16/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors
- Authors: Massimo Guidolin, Serena Ionta

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