Author: Ben Caldecott
Inquiry Publications
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Financial Dynamics of the Environment
Date: 15-Jul-2014This Working Paper was an early mapping study for the Inquiry and is based on a literature review (of available literature mainly from OECD countries). It summarises the arguments for why the environment and environment-related risks are relevant to the financial system and reviews the main structural barriers preventing the financial system from managing such issues. Key findings include
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China Report: The Risks and Opportunities of Stranded Assets
Date: 06-Oct-2015The rise and fall of different technologies, products and businesses are central to rising productivity in healthy, well-functioning markets. This process can result in “stranded assets”—assets that have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities. Stranded assets are therefore a regular and necessary feature of dynamic economic systems, a phenomenon inherent
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Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets
Date: 15-Sep-2014“Stranded assets” are assets that have suffered from unanticipated or premature write-downs, devaluations, or conversion to liabilities. Over the course of the last two decades, the challenges surrounding technological innovation, investor behaviour, and business resilience have become magnified in the context of environmental change. In particular, the issue of stranded assets has emerged as a