What do you think about climate finance?

被引:177
|
作者
Stroebel, Johannes [1 ]
Wurgler, Jeffrey [1 ]
机构
[1] NYU, Stern Sch Business, New York, NY 10012 USA
关键词
Climate finance; Environment; ESG; SRI; Social discounting;
D O I
10.1016/j.jfineco.2021.08.004
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risk as the top risk over the next 30 years. By an overwhelming margin, respondents believe that asset prices underestimate climate risks rather than overestimate them. We also tabulate opinions about the expected correlation between growth and climate change, social discount rates appropriate for projects that mitigate the effects of climate change, most influential forces for reducing climate risks, and most important research topics. (c) 2021 Elsevier B.V. All rights reserved.
引用
收藏
页码:487 / 498
页数:12
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