This dataset merges firm-level financial data from the SABI database with climatic and macro-financial variables to assess the effects of climate change on business performance across five climate-sensitive sectors in Spain: Construction, Water, Agriculture, Energy, and Transport.
It covers annual data from 2001 to 2020 and includes variables such as firm revenues, employment, capital, and material expenditures. It also incorporates biophysical indicators (e.g. seasonal temperatures, precipitation, droughts, and heatwaves) and macro-financial variables at the national level (e.g. interest rates, credit-to-GDP ratios, real effective exchange rate, and commodity indices).
Description of the project
This project proposes a methodology based on sustainable finance to assess the climate vulnerability of key economic sectors in Spain. It builds a panel dataset combining biophysical, economic, and financial information to analyse how firm revenues respond to climate conditions.
The study produces 10-year projections of financial and economic variables under the RCP4.5 scenario, aligned with the EU’s 2030 climate policy. The approach incorporates uncertainty through confidence intervals, providing insight into the interaction between climate risks and financial performance. |
