Fossil fuel-related investments and climate change

Schoenmaker, Dirk; Beetsma, Roel; Coninck, H.C. de

doi:10.2139/ssrn.3961992

Cited by 1 publication

(2 citation statements)

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“…However, financial regulators are making greater efforts to improve the disclosure of financial actors with regard to climate change. Most significantly, central banks are mulling the idea of guiding or shifting the allocation of their assets toward less polluting issuers (Schoenmaker, 2021). In turn, this would mean cheaper financing for greener industries and speeding up the greening of the physical economy (Schoenmaker, 2021).…”

Section: Introductionmentioning

confidence: 99%

“…Most significantly, central banks are mulling the idea of guiding or shifting the allocation of their assets toward less polluting issuers (Schoenmaker, 2021). In turn, this would mean cheaper financing for greener industries and speeding up the greening of the physical economy (Schoenmaker, 2021). Given this comprehensive picture, financial economists have many theoretical and empirical topics to investigate such as capital market-based emissions trading systems, the efficacy of market pricing of climatic risks, the role of venture capital, and alternative finance in the development of new low-emission technologies to mention a few.…”

Section: Introductionmentioning

confidence: 99%

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Multilateral climate change financing in the developing world: challenges and opportunities for Africa

Mugambiwa

Kwakwa

2022

IJRBS

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The Paris Agreement has highlighted the worldwide significance of adaptation. Many investors are considering the effects of climate change and resource scarcity when making decisions. Even while the whole amount of the environmental harm caused by climate change is yet unknown, recent scientific evidence is more frightening, and many governments are taking substantial measures to avert a calamity. The financial innovations and mechanisms created to ease the transition to a low-carbon economy will have far-reaching effects on markets, firms, intermediaries, and investors. Although economists have been working on the subject for decades, financial-economics professionals have only recently become interested in climate change. There has been a growing body of empirical and theoretical contributions in recent years that analyse the influence of climate risks on investment decisions for firms, financial intermediaries, and national governments, as well as the pricing and hedging of climate change risks. This study seeks to establish the role of multilateral climate change financing in the developing world vis-à-vis challenges and opportunities for Africa. Five determinants of the multilateral climate fund were established and they are namely; Reduction of Greenhouse gas emissions, Enabling Environments, Poverty and development linkages, Private investment and Public climate finance.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%