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Investigación K

Vol. 17 No. 2 (2025): Julio - Diciembre

The climate cost of doing business: a literature diagnostic review

DOI
https://doi.org/10.69664/kav.v17n2a529
Submitted
June 30, 2025
Published
2025-12-23

Abstract

This study analyzes the climate cost of doing business, focusing on the relationship between climate risk, cost of capital, corporate climate governance, and global financial markets. Using a systematic literature review based on the Methodi Ordinatio, the study identifies key findings on how physical and transition climate risks affect financing costs, how corporate governance mitigates these risks, and how global financial markets respond to them. The results highlight the importance of transparency, governance mechanisms, and sustainable practices in reducing financial impacts and improving business resilience in a climate-challenged economy.

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