‘Climate value at risk’ of global financial assets

By Simon Dietz, A. Bowen, C. Dixon, Philip Gradwell. 2016

552 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/8aba79263a68f6eadcec0967ee6a6dfa727d8756

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In Economics and Econometrics

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Citations in the corpus

The Importance of Climate Risks for Institutional Investors (2020, background): “These expectations reflect the possibility of very negative effects on financial assets (Dietz et al. 2016).”
Mobilizing private finance for low-carbon innovation – A systematic review of barriers and solutions (2017, unknown): “For example required changes in portfolios may lead to abrupt loss of value for certain assets [36].”
Climate Change, Financial Stability and Monetary Policy (2018, unknown): “This allows us to model the climate-induced fragility that can be caused in the ﬁ nancial structures of ﬁ rms and banks, a feature which is absent in Dietz et al. (2016).”
The public costs of climate-induced financial instability (2019, methodology): “Financial crises and bank bailouts occur even in the absence of climate change: average fiscal costs in the baseline (10.3% of GDP) are comparable to historical values (Supplementary Fig.”
A Financial Macro-Network Approach to Climate Policy Evaluation (2018, background): “Overall, the global climate “Value at Risk” (VaR) due to climateinduced physical damages has been estimated as approximately 24 trillion USD of lost financial asset (Dietz et al., 2016).”
Tackling Climate Change with Machine Learning (2019, background): “Climate change poses a substantial financial risks to global assets measured in the trillions of dollars [813], and it is hard to forecast where, how, or when climate change will impact the stock price of a given company, or even the debt of an entire nation.”
Environmental Beta or How Institutional Investors Think about Climate Change and Fossil Fuel Risk (2019, background): “How, for one thing, can we expect climate change to impact the market value of these assets (Dietz et al. 2016)? Do markets currently price in the risks facing FFCs (Sowerbutts 2016; Liesen et al.”
Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies? (2019, background): “However, carbon taxes, as well as policies based on subsidies, seem to reflect a lack of awareness of the financial risks related to climate change (World Bank, 2014, 2016; Campiglio, 2016), such as the loss of value of financial assets (Dietz et al., 2016), or the issue of stranded assets (Caldecot”