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<p>The climate change-driven catastrophic events are becoming more frequent, exerting widespread influences on ecosystems and posing severe challenges to society and the economy. This paper applies the wavelet-based quantile-on-quantile (QQR) technique to investigate the effects of physical and transition risks of climate change on national environmental governance effectiveness. The results reveal distinct impacts across different types of climate change risks. Physical risks tend to dampen environmental governance, particularly in the short term. Although there are some gains for certain nations in the medium term, long-term effects are resoundingly negative. In comparison, the impact of transition risks is more mixed. Although typically negative in the short term, governance results are better under high quantile scenarios. In the medium term, high quantiles of transition risk are conducive to governance, while moderate quantiles tend to constrain it; in the long term, policy imbalance can undermine governance performance. Given growing climate risks and governance issues, these conclusions contain valuable lessons for governments looking to enhance risk response capacity and enhance policy coherence.</p>

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How do climate change risks affect environmental governance? Evidence from the national level

  • 期刊论文

  • 发表日期：

    2026年3月27日

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  • Xin Yue Song,
  • Chi Wei Su,
  • Ran Tao,
  • Lin Jie Liu

摘要

The climate change-driven catastrophic events are becoming more frequent, exerting widespread influences on ecosystems and posing severe challenges to society and the economy. This paper applies the wavelet-based quantile-on-quantile (QQR) technique to investigate the effects of physical and transition risks of climate change on national environmental governance effectiveness. The results reveal distinct impacts across different types of climate change risks. Physical risks tend to dampen environmental governance, particularly in the short term. Although there are some gains for certain nations in the medium term, long-term effects are resoundingly negative. In comparison, the impact of transition risks is more mixed. Although typically negative in the short term, governance results are better under high quantile scenarios. In the medium term, high quantiles of transition risk are conducive to governance, while moderate quantiles tend to constrain it; in the long term, policy imbalance can undermine governance performance. Given growing climate risks and governance issues, these conclusions contain valuable lessons for governments looking to enhance risk response capacity and enhance policy coherence.