Sustainable finance and carbon risk have attracted substantial interest from both practitioners and scholars. This paper integrates the income-based environmental responsibility framework with financial asset pricing models to investigate how carbon...
Driven by the global energy transition and the pursuit of “dual carbon” goals, sustainability risks within the coal supply chain have emerged as a central obstacle impeding the low-carbon transformation of high-carbon industries. To addre...
Climate risk is the negative effect of climate change on several aspects of the environment, business, and society. There are two categories of climate risks: physical risks include direct impacts due to extreme events and chronic changes due to clim...
In the context of climate change mitigation and adaptation, climate risks stemming from climate transition innovations have garnered significant attention due to concerns about the inadequate climate finance. To shed light on the climate transition r...
Addressing climate change requires de-carbonizing future energy supplies in an increasingly energy-dependent world. The IEA and the IPCC (2014) mention the following as low-carbon energy supply options: ‘renewable energy, nuclear power and fossil fue...
This work presents a structured methodology for multi-hazard risk assessment in post-mining coal areas, addressing the complex interactions between natural, mining, and technological hazards. The methodology provides a flexible, semi-quantitative mix...
Currently, energy consumption has increased exponentially. Using fossil fuels to produce energy generates high shares of carbon dioxide emissions and greenhouse gases. Moreover, financial authorities at the global and European levels have recognized...
This study employs the TVP-VAR-BK-DY spillover index model to investigate the risk spillover effects between China’s carbon emission trading system (ETS) pilots and A-share listed emission-regulated enterprises. The findings reveal that, due to...
Saline aquifers have been used for CO2 storage as a dedicated greenhouse gas mitigation strategy since 1996. Depleted gas fields are now being planned for large-scale CCS projects. Although basalt host reservoirs are also going to be used, saline aqu...
This study empirically investigates the impacts of the Russia–Ukraine war on the performance of brown and green stocks in Europe. Analyzing stocks listed on exchanges in 25 European countries, we find that, prior to this war, stocks of more ene...
Carbon risk, a type of climate risk, is expected to have a crucial impact, especially on high-carbon-emitting, “polluting” firms as opposed to less carbon-intensive, “clean” ones. With a rising number of actions and policies b...
Climate change and global warming have been shown to increase the frequency and intensity of extreme weather events. Concurrently, substantial efforts are being directed toward fostering the transition to a low-carbon economy. These concurrent trends...
Farmers’ low-carbon transition has become a critical issue for achieving sustainable agricultural development. Fundamentally, this transition is driven by multi-actor collaboration and is subject to stochastic disturbances. However, the collabo...
Climate risk assessment is critical for organisations, especially in sectors such as the processed food sector in Colombia. This study addresses the identification and assessment of the main climate transition risks using an approach that combines fu...
The scientific judgement of the structural abrupt transition characteristics of the carbon market price is an important means to comprehensively analyze its fluctuation law and effectively prevent carbon market risks. However, the existing methods fo...
In the context of the global pursuit of the ‘carbon neutrality’ objective, Chinese enterprises are proactively advancing green development and low-carbon transformation. Among these efforts, climate transition risks have emerged as a cruc...
Based on the Cost Theory and Porter’s Hypothesis, this study focuses on high-carbon-emission enterprises and systematically explores how carbon risk affects their value creation. The sample comprises listed firms in high-carbon-emission industr...
Climate change and transition risks have become major issues concerning the sustainable development of human society today. And the stranded fossil energy assets generated in this context are gradually becoming an important factor affecting corporate...
This paper explores the recently announced “Green New Deal” policy of South Korea as a sustainability transition strategy. Originally proposed as a post-COVID-19 stimulus plan, the Green New Deal is a sustainability-centered strategy for...
The construction sector is central to achieving the objectives of the European Green Deal (EGD). While existing research on transition risks predominantly focuses on project- or firm-level challenges, less is known about the transition risks implied...
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Meat substitutes such as man-made meat are emerging to promote low-carbon healthy consumption, mitigate climate change, and assist healthy economic development; however, most consumers seem reluctant to make the transition. While profound social chan...
In the transition to a low-carbon economy, climate-resilient investors may be inclined to buy renewable-energy or other low-carbon assets. As the diversification benefits of investment positions in those assets depend on interdependence between their...
The latest European Union measures for combating climate adopted in the “Fit for 55 package” envisage the extension of the Emissions Trading System, the first “cap-and-trade” system in the world created for achieving climate t...
Through energy transition, China can help curb the global climate challenge and achieve carbon neutrality. However, the development of energy transition is potentially constrained by minerals. Previous studies on energy minerals have been limited to...
Due to climate change risks, the public, regulators, and investors require solid actions to minimize the greenhouse gas (GHG) emissions of mineral extraction and metals production. The mining sector considers alternatives to reduce its carbon footpri...
The global shift to low-carbon energy systems has significantly increased demand for critical raw materials like lithium, cobalt, nickel, rare earth elements, and copper. These materials are essential for renewable technologies and energy storage. Ho...
Lithium-based new energy is identified as a strategic emerging industry in many countries like China. The development of lithium-based new energy industries will play a crucial role in global clean energy transitions towards carbon neutrality. This p...
A higher price of CO2 emissions is required to enhance the industrial transition and investment in low-carbon technology. However, the specific mechanisms to tackle the risk of carbon leakage and create an attractive environment for green investment...
As China progresses with its electricity market reforms in pursuit of “carbon peak and carbon neutrality” objectives, the increasing integration of renewable energy sources introduces new risks and uncertainties, necessitating the develop...
Climate change is widely acknowledged as the paramount global challenge of the 21st century, bringing economic, social, and environmental impacts due to rising global temperatures, more frequent extreme weather events, and ecosystem disturbances. To...
Public transit has been continuously developing because of advocacy for low-carbon living, and concerns about its safety have gained prominence. The various factors that constitute the bus operating environment are extremely complex. Although existin...
A formulation is presented for the assessment of the CO2 generated by ships in operation and their evolution with time, conditional on the current legislation using Markov chains. Any potential deep repair or retrofitting of the ship propulsion syste...
To align with disaster monitoring and sustainable risk assessment, the low-carbon transition of fisheries necessitates comprehensive carbon emission management throughout the supply chain. As China advances supply-side structural reform, transitionin...
Scenario analysis is a comprehensive approach to assess the impact of climate-related transition risk on businesses. Environmental, social, and governance (ESG) scores are popular tools with financial institutions (FI’s) for green-scoring pract...
Carbon emissions increase the risk of climate change. As one of the primary sources of carbon emissions, road traffic faces a significant challenge in terms of reducing carbon emissions. Many studies have been conducted to examine the impacts of citi...
Carbon Capture and Storage (CCS) is a critical technology for promoting carbon reduction and achieving the carbon neutrality goal. As a vital component of CCS projects, the injection process makes it especially important to clarify wellsite layout me...
Significant carbon emissions, a key contributor to global climate warming, pose risks to ecosystems and human living conditions. It is crucial to monitor the spatial and temporal patterns of carbon emissions at the county level to reach the goals of...
Accurately forecasting the dynamic linkages among carbon, energy, and stock markets is essential for effective risk management and the design of energy transition strategies. This study proposes a BOHB-optimized Multivariable Graph Neural Network (BO...
According to the International Maritime Organization, transitioning to alternative fuels is essential to achieving net-zero carbon emissions. Seafarers are at the frontline of this transition, and in this study, their attitude toward this strategy is...
Partially substituting cement with slag is an efficient approach to lowering the carbon footprint of concrete. Earlier research on low-carbon slag concrete has primarily concentrated on the optimization of material strength without considering the co...
Green transition is one of the priority areas in the European Union (EU), and thus also the focus of EU cohesion policy implementation during the 2021–2027 programming period, through “green growth”. To establish adequate guidelines...
Climate change and increasingly severe weather pose dual pressures on agriculture: to reduce carbon emissions and to manage climate risk. These pressures challenge the transition to green, low-carbon development. On the basis of panel data from 31 pr...
Significant negative impact caused by climate changes, such as economy and life losses, has been experienced globally in recent years, which has called for imminent development and adoption of low carbon technologies in order to mitigate the impact....
Many countries have adopted carbon regulatory policies in pursuit of carbon neutrality, which pose great transition risks for energy-intensive sectors. Using the panel data of 186 Chinese listed enterprises in the energy-intensive sector from 2007 to...
This research seeks to identify non-financial enterprises exposed to the climate risk relating to transition risks and at the same time use of bank loans, as well as to conduct stress tests to take account of the financial risk related to climate cha...
Mainstreaming energy communities has been one of the main challenges in the low-carbon transition of cities. In this sense, urban building energy modelling (UBEM) has an untapped role in enabling energy communities, as simulations on urban models pro...
We propose an empirical approach to estimate the impact of climate transition risk on corporate revenues that specifically accounts for reputational risk. We employ the information on disclosed Scope 3 emissions to proxy companies’ carbon footp...
In this study, we conducted an in-depth analysis of the dynamic cointegration relationship between international crude oil, natural gas, and coal price indices from 2009 to 2023, revealing the changes and differences in the cointegration relationship...
We develop a dynamic, stochastic general equilibrium (DSGE) model for the euro area that accounts for climate change-related risk considerations. The model features polluting (“brown”) firms and non-polluting (“green”) firms a...
Global environmental goals and the Paris agreement declared the need to avoid dangerous climate change by reducing emissions of greenhouse gases with an ultimate goal to transform today’s policies and reach climate neutrality before the end of...
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