Climate and financial vulnerability as drivers of growing socio-economic inequality across countries
DOI:
https://doi.org/10.31558/2307-2318.2026.2.14Keywords:
climate change, climate vulnerability, financial vulnerability, socio-economic inequality, sustainable development, climate risks, CliF-VI, adaptation policyAbstract
The article examines the relationship between climate and financial vulnerability of countries in the context of increasing global socio-economic inequality. Modern approaches to assessing climate risks and the financial resilience of states are analyzed, and the role of international organizations in shaping the methodological framework of research in this field is summarized. Special attention is given to the Climate Finance Vulnerability Index (CliF-VI), which enables a comprehensive assessment of the combination of climate-related threats and financial capacity for adaptation. Its structure, methodological features, and analytical potential for comparing countries with different levels of economic development are considered. A comparative analysis of countries by the level of climate-financial vulnerability is carried out, groups of states with different risk profiles are identified, and the peculiarities of their positioning in the global ranking are outlined. Particular attention is paid to the case of Ukraine, which is characterized by a high level of overall vulnerability due to the combination of climate risks, structural economic imbalances, and the consequences of military conflict. It is substantiated that the combination of high climate risks and financial constraints intensifies socio-economic disparities and complicates the achievement of sustainable development goals.
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