The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...

An estimate is made of the specific risk to the fossil fuel sector from wind and solar generation and from electric vehicles. The systemic risk to investment portfolios from climate change is then analysed

Sustainability and Financial Markets' geeft u inzicht in de verplichtingen die direct of indirect inhaken op duurzaamheid en toepasbaar zijn op spelers op financiële markten. De urgentie voor een verschuiving naar een duurzamere wereld lijkt heviger dan ooit. Zeker nu de gevolgen van...

The financial system could play a main role in achieving the global climate targets by aligning investment flows to sustainability. However, investors are still largely exposed to carbon-intensive assets that could become stranded. In addition, they are not pricing yet climate risks and...