Climate risk is a critical environmental challenge facing countries around the world today. With its profound impact on the global economic environment, climate risk brings new missions and challenges to promote economic development towards net zero emissions. As an effective measure to navigate climate risk, the green and low-carbon transformation has been guided by concepts of green growth and development, revolving around green innovation, and achieving a fine balance between environmental and economic performance. Therefore, it is crucial to systematically evaluate the economic impact of climate risk on green and low-carbon transformation, the effectiveness of response policies, and their heterogeneity at different temporal and spatial scales. Given the urgent need to promote corporate green and low-carbon transformations in the context of climate change and achieving net-zero emissions, this Research Topic aims to combine original research from diverse disciplines and perspectives to explore this complex theme.

This Research Topic aims to investigate strategies to encourage government and enterprises to accelerate renewable energy transformation, foster green innovation, improve ESG performance, and effectively respond to physical and transformational risks. Additionally, it seeks to develop effective sustainable development strategies that address pressing issues such as energy poverty, carbon inequality, and financing constraints. Overall, the purpose of this Research Topic is to promote understanding and dialogue around the complex relationship between climate risk and green, low-carbon transformations, and to identify potential policies and solutions that can help enhance adaptability to climate change.

To gather further insights into the economic impact and policy responses to climate risk and green and low-carbon transformation, we welcome articles addressing, but not limited to, the following themes:
• Technical measurement of physical risk and transformation risk in enterprises
• Climate risk and renewable energy transformation
• Climate risk and green innovation
• Climate risk and green and high-quality development of enterprises
• Green finance in the context of climate risk
• Green low-carbon transformation with energy poverty and carbon inequality
• Evaluation of the effectiveness of green and low-carbon transformation policies
• The synergy benefits of low-carbon and net-zero carbon technologies, carbon reduction policies, and other mitigation or adaptation measures
• Innovative policy or governance instruments in response to climate risk

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Frontiers in Environmental Science

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