Fuchs, Larissa; Ngyuen, Huyen; Nguyen, Trang; Schaeck, Klaus - Leibniz-Institut für Wirtschaftsforschung Halle - 2024 - This version: 10.06.2024
We ask if bank supervisors’ efforts to combat climate change affect banks' lending and their borrowers’ transition to … borrowers' emission data, we first show that banks that participate in the exercise increase lending to high-carbon emitters but … simultaneously charge higher interest rates. Second, participating banks collect new information about climate risks, and boost …