气候变化领域集成服务门户(CCPortal): No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks

CCPortal

DOI	10.1080/20430795.2024.2336567
	No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks
	D'Orazio, Paola; Hertel, Tobias; Kasbrink, Fynn
发表日期	2024
ISSN	2043-0795
EISSN	2043-0809
英文摘要	Climate change poses several risks to the value of financial assets and financial stability. The study conducted in this paper focuses on the German banking sector and estimates its exposure to climate risks arising from a transition to a carbon-neutral economy. Our analysis identifies the energy, transportation, and manufacturing sectors as the most sensitive to transition risks. It shows that the German banking sector's direct exposure to climate transition risks is non-negligible. Moreover, it indicates that an amplified exposure to transition risks characterizes large private banks. These findings are comparable to other countries exposures and relevant to financial supervision and regulation, calling for increased engagement to assess, measure, and manage climate-related financial risks.
英文关键词	Climate-related financial risks; transition risks; banking sector; climate policy; climate neutrality; climate-related prudential regulation
语种	英语
WOS研究方向	Business & Economics ; Science & Technology - Other Topics
WOS类目	Business, Finance ; Green & Sustainable Science & Technology
WOS记录号	WOS:001196784100001
来源期刊	JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/290717
作者单位	Ruhr University Bochum; Technische Universitat Chemnitz
推荐引用方式 GB/T 7714	D'Orazio, Paola,Hertel, Tobias,Kasbrink, Fynn. No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks[J],2024.
APA	D'Orazio, Paola,Hertel, Tobias,&Kasbrink, Fynn.(2024).No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks.JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT.
MLA	D'Orazio, Paola,et al."No need to worry? Estimating the exposure of the German banking sector to climate-related transition risks".JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT (2024).