Low‐carbon transition risks for finance

G Semieniuk, E Campiglio, JF Mercure… - Wiley …, 2021 - Wiley Online Library
The transition to a low‐carbon economy will entail a large‐scale structural change. Some
industries will have to expand their relative economic weight, while other industries …

Financial stability, stranded assets and the low‐carbon transition–A critical review of the theoretical and applied literatures

L Daumas - Journal of Economic Surveys, 2024 - Wiley Online Library
Transitioning to a low‐carbon economy will entail swee** transformations of energy and
economic systems. A growing research body has raised concerns about the effect of such …

[HTML][HTML] Finance, climate-change and radical uncertainty: Towards a precautionary approach to financial policy

H Chenet, J Ryan-Collins, F Van Lerven - Ecological Economics, 2021 - Elsevier
Climate-related financial risks (CRFR) are now recognised by central banks and supervisors
as material to their financial stability mandates. But while CRFR are considered to have …

[HTML][HTML] Are circular economy strategies economically successful? Evidence from a longitudinal panel

V Palea, C Santhià, A Miazza - Journal of environmental management, 2023 - Elsevier
Abstract While the Circular Economy (CE) is considered a critical tool for addressing
environmental degradation, its economic consequences have not received much attention …

The impact of climate change on banking systemic risk

X Wu, X Bai, H Qi, L Lu, M Yang… - Economic Analysis and …, 2023 - Elsevier
Given the influence of climate change, there is an urgent need to discuss how commercial
banks can strengthen their risk management strategies to cope with climate change. Using …

Model-based financial regulations impair the transition to net-zero carbon emissions

M Gasparini, MC Ives, B Carr, S Fry… - Nature Climate …, 2024 - nature.com
Investments via the financial system are essential for fostering the green transition. However,
the role of existing financial regulations in influencing investment decisions is understudied …

Macrofinancial risks of the transition to a low-carbon economy

E Campiglio, F van der Ploeg - Review of Environmental …, 2022 - journals.uchicago.edu
A disorderly transition to a low-carbon economy may pose significant costs for both financial
and nonfinancial firms through the stranding of physical assets, firms' defaults, and volatility …

Taming the Green Swan: a criteria-based analysis to improve the understanding of climate-related financial risk assessment tools

JA Bingler, C Colesanti Senni - Climate Policy, 2022 - Taylor & Francis
Understanding climate-related risks has become a key priority in financial decision-making
and for regulatory supervision in the financial sector since the Task-force on Climate-related …

Does climate change matter for bank profitability? Evidence from China

CC Lee, X Zhang, CC Lee - The North American Journal of Economics and …, 2024 - Elsevier
Using panel data from 87 China's banks from 2011 to 2022, this research investigates
whether and how climate change affects bank profitability. It is discovered that the …

[HTML][HTML] Climate-related prudential risks in the banking sector: A review of the emerging regulatory and supervisory practices

M Feridun, H Güngör - Sustainability, 2020 - mdpi.com
This article reviews emerging regulatory and supervisory practices with respect to prudential
risks from climate change in the banking sector. It evaluates the theoretical considerations …