Gasparini, Matteo, Ives, Matthew, Carr, Ben, Fry, Sophie and Beinhocker, Eric (2024) Model-based financial regulation challenges for the net-zero transition. Nature Climate Change, 14 (5). 434 - 435. ISSN 1758-678X
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Identification Number: 10.1038/s41558-024-01959-7
Abstract
Current model-based financial regulations favour carbon-intensive investments. This is likely to disincentivize banks from investing in new low-carbon assets, impairing the transition to net zero. Financial regulators and policymakers should consider how this bias may impact financial system stability and broader societal objectives.
| Item Type: | Article |
|---|---|
| Official URL: | https://www.nature.com/nclimate/ |
| Additional Information: | © 2024 Springer Nature Limited |
| Divisions: | Grantham Research Institute |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
| Date Deposited: | 22 Apr 2024 09:36 |
| Last Modified: | 15 Nov 2024 06:18 |
| URI: | http://eprints.lse.ac.uk/id/eprint/122705 |
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