Investors and financial regulators are increasingly aware of climate-change risks. So far, most of the attention has fallen on whether controls on carbon emissions will strand the assets of fossil-fuel companies1, 2. However, it is no less important to ask, what might be the impact of climate change itself on asset values? Here we show how a leading integrated assessment model can be used to estimate the impact of twenty-first-century climate change on the present market value of global financial assets.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/%E2%80%98climate-value-risk%E2%80%99-global-financial-assets
[2] http://admin.indiaenvironmentportal.org.in/category/author/simon-dietz
[3] http://admin.indiaenvironmentportal.org.in/category/author/alex-bowen
[4] http://admin.indiaenvironmentportal.org.in/category/author/charlie-dixon-et-al
[5] http://admin.indiaenvironmentportal.org.in/category/journal/nature-climate-change
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-impacts
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global-warming
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-economics