Zmiana klimatu a stabilność finansowa: analiza tematyczna literatury z wykorzystaniem BERTopic

Łukasz Kurowski

doi:10.26354/bb.4.3.100.2025

Published : 2025-11-05

Vol. 100 No. 3 (2025)

Climate Change and Financial Stability: A Thematic Literature Analysis Using BERTopic

Łukasz Kurowski

https://orcid.org/0000-0002-3306-4276

DOI: https://doi.org/10.26354/bb.4.3.100.2025

Abstract

This article examines the links between climate change and financial stability in the scientific literature. The BERTopic method was applied to analyze over one thousand abstracts of publications indexed in Scopus, and the results were validated using a dataset from Web of Science. The findings indicate the dominance of topics related to climate policy and transition risks, whose importance has increased significantly after 2015. At the same time, issues concerning physical risks – such as climate-related disasters, water resources, and flood risk – are also present, though less prominently represented. A particularly notable gap concerns direct references to macroprudential policy objectives. The comparative analysis also reveals geographical differentiation: in countries pursuing intensive climate policies (e.g., EU member states), research is predominantly focused on transition risks, whereas in regions particularly exposed to extreme weather events (e.g., India), the emphasis is placed on physical risks. Analyses based on Web of Science abstracts confirm the conclusions drawn from Scopus publications. The findings highlight the need for further research on the integration of climate-related risks into macroprudential policy.

Keywords:

climate change, financial stability, BERTopic, macroprudential policy

JEL Codes

G01, G28, Q54, Q58

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Kurowski, Łukasz. (2025). Climate Change and Financial Stability: A Thematic Literature Analysis Using BERTopic. Safe Bank, 100(3), 40–66. https://doi.org/10.26354/bb.4.3.100.2025

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