Quotation Monasterolo, Irene. 2020. Embedding Finance in the Macroeconomics of Climate Change: Research Challenges and Opportunities Ahead. CESifo Forum. 4 25-33.


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Abstract

The role of finance in the low-carbon transition, as well as the deep uncertainty and endogeneity of climate finance risk, are currently neglected by climate economic models. This leads to a false sense of control in terms of risks and opportunities associated with the low-carbon transition. Further, it prevents people from understanding under which conditions climate policies and finance could be a driver or a barrier. Recent research has started to shed light on how climate economic and financial risk modeling could embrace this complexity.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal CESifo Forum
Language English
Title Embedding Finance in the Macroeconomics of Climate Change: Research Challenges and Opportunities Ahead
Volume 4
Year 2020
Page from 25
Page to 33
Reviewed? Y
URL https://www.cesifo.org/en/publikationen/2020/journal-complete-issue/cesifo-forum-042020-integration-policy-determinants-and
DOI n.a.
Open Access Y
Open Access Link https://www.cesifo.org/en/publikationen/2020/article-journal/embedding-finance-macroeconomics-climate-change-research

Associations

People
Monasterolo, Irene (Details)
Organization
Institute for Ecological Economics IN (Details)
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