Meyer, Fabian Alexander - In: Junior Management Science (JUMS) 7 (2022) 2, pp. 429-454
Investors perceive climate change and the volatility of asset prices caused by the ongoing low carbon transition of the … economy, so-called carbon risk, to have an impact on their portfolio performance. However, the extent of carbon risk's impact … on asset prices is still largely unknown. This paper provides a comprehensive quantification of carbon risk in European …