Jung, Hyeyoon; Santos, João A. C.; Seltzer, Lee - 2024 - Revised January 2024
We find that banks' credit exposures to transition risks are modest. We build on the estimated sectoral effects of … scenarios, exposures do not exceed 14 percent of banks' loan portfolios. We also find that commonly used carbon emissions can … management of transition risk exposures. Banks that signed the Net-Zero Alliance have reduced their exposures compared to non …