Conditions for investment in climate protection are quite favorable. Nevertheless, financial resources continue to flow into fossil energy sources. This is accompanied by risks. To assess these risks, UBA has had a method developed which allows financial institutions to roughly estimate transitory climate risks. Simulating the economic development of certain key industries shows that climate risks are expected to increase in the year 2030. This goes hand in hand with increasing financing costs of activities that involve high environmental risks while ecologically sustainable investments are getting financially more attractive.
Series
Texte | 23/2021
Number of pages
102
Year of publication
Author(s)
Thomas Hähl, Mathias Kube, Franziska Schütze, Jasper den Hamer, Ridzert van der Zee, Géraldine Bouveret, Ben Caldecott, Elizabeth Harnett, Kim Schumacher, Veronika Stolbova, Stefano Battiston, Julia Bingler, Thomas Liesch
Language
English
Other languages
Project No. (FKZ)
3716 41 100 0
Publisher
Umweltbundesamt
Additional information
PDF is accessible
File size
3997 KB
Price
0,00 €
Print version
not available
rated as helpful
22
