Rezension: Ein Science-Thriller der besonderen Art! Wie konnte es kommen, dass die Tatsache der Erderwärmung mit ihren gefährlichen Folgen schon vor gut 40 Jahren klar war, breit diskutiert wurde, dann aber aus dem öffentlichen Bewusstsein verschwand? Der junge Historiker Rafe Pomerance, der...

Die Neuerfindung der Weltpolitik. Das Zeitalter der kohlenstoffbasierten Energieerzeugung geht zu Ende. Eine vergleichbare Zäsur ist auch für das globale politische System zu erwarten. Menschen sind Gewohnheitstiere und stellen sich die Zukunft nur allzu gerne als eine Weiterführung der...

This report focuses on pension system greening and aims to provide data-driven recommendations to orient climate-aligned investment practices. In order to undertake a holistic analysis, this report consists of the following sections: a literature review outlining the need to green the global...

The historical increase in emissions is for one-fourth attributable to the growth of emissions per person, whereas three-fourths are due to population growth. This striking evidence is not represented in the majority of climate-economic studies, which mostly neglect the environmental...

With the adoption of the Paris Agreement in December 2015, better understanding of portfolio carbon dioxide (CO2) exposures has become increasingly important for investors, regulators and society at large. In this paper we measure the portfolio carbon footprints (CFPs) of pension funds' stock...

This paper analyzes the approaches adopted by institutional investors to manage climate risk in their portfolios and proposes policies to increase climate awareness in this large segment of the capital markets. Because of their size and their role as conduit of savers' climate concerns to the...

The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...