---
title: Efficient likelihood estimation of Heston model for novel climate-related financial contracts valuation
url: https://www.ml-quant.com/papers/ssrn/4619038/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4619038
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4619038
featured: 2023-11-02
citations: 0
topic: Derivatives & Volatility
---


# Efficient likelihood estimation of Heston model for novel climate-related financial contracts valuation

A proposal suggests using Bitcoin-denominated derivatives contracts on carbon bonds to help governments hedge against climate change and influence carbon bond and cryptocurrency prices.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4619038
- Identifier: SSRN 4619038
- Released: 2023-10-31
- First featured: Quant Letter No. 24 (2023-11-02): https://www.ml-quant.com/issues/2023-11-02/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: Derivatives & Volatility

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