Climate Risks to the Financial System
9 Pages Posted: 28 Oct 2015
Date Written: October 27, 2015
An estimate is made of the specific risk to the fossil fuel sector from wind and solar generation and from electric vehicles. The systemic risk to investment portfolios from climate change is then analysed.
Keywords: Climate risk, systemic risk, wind generation, solar generation, electric vehicles
JEL Classification: C53, G12, G20, G30, L71, Q41, Q42
Suggested Citation: Suggested Citation