Natural disasters, climate change and their impact on inclusive wealth in G20 countries

Jianchun Fang, Chi Keung Lau, Zhou Lu, Wanshan Wu, Lili Zhu

Research output: Contribution to journalArticle

6 Citations (Scopus)


This paper uses the 1990–2010 natural disaster and carbon emission data of G20 countries to examine the impact of natural disasters and climate change on the natural capital component of inclusive wealth. Our study shows that climate change and GDP have no positive impacts on the growth of natural capital. By contrast, trade openness and natural disaster frequency contribute to the accumulation of natural capital in G20 countries. There is an inverted U-shaped relationship between the growth of natural capital and the magnitude of natural disaster. Natural capital growth is not affected very much by small disasters. By contrast, large disasters tend to make the growth of natural capital fall sharply.

Original languageEnglish
Pages (from-to)1455-1463
Number of pages9
JournalEnvironmental Science and Pollution Research
Issue number2
Early online date14 Nov 2018
Publication statusPublished - Jan 2019


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