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    COVID-19: Global Recession

    COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force.

    COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force. Travel, tourism, and international trade have been severely disrupted, and businesses across many industries are shutting down. Central banks are responding by slashing interest rates and providing liquidity to their financial systems, and governments are ramping up spending and cutting taxes. But it is too late, a global recession has begun. 

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    Quantifying the Impact of Climate on Corporate Credit Risk

    This paper explains the functionality, methodology, and underlying data driving the Climate-Adjusted EDF framework for our physical and transition risk models. Resulting Climate-Adjusted EDF credit measures can be used for stress-testing, loan origination, credit monitoring, asset allocation, and disclosure.

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