Climate change presents both major risks to the global financial system and an opportunity for investors. Climate finance has become a defining topic in policy and practice, with major current debates around stranded fossil fuel assets, divestment from carbon-intensive stocks, the direct (physical) impact of climate change on assets, carbon markets, green investing and development finance, risk management strategies including climate insurance and broader financial stability risks. In this paper we explore the subject of climate finance.
http://link.springer.com/article/10.1007/s10584-017-1985-1
doi:10.1007/s10584-017-1985-1
Stranded research? Leading finance journals are silent on climate change
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