The Effects of International Climate Policy on Financial Markets

国际气候政策对金融市场的影响

• 批准号: DP200102332
• 负责人: Prof Tom Smith
• 金额: $ 22.82万
• 依托单位: Macquarie University
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2020
• 资助国家: 澳大利亚
• 起止时间: 2020-01-01 至 2024-11-30
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP200102332
• 关键词: Effects; International; Climate; Policy; Financial

This project aims to develop and test a new methodology to determine the potential consequences of effective action on climate change for the asset values of fossil fuel firms. Taking into consideration policy signals from the UN Climate Change Meetings, such as the Paris Agreement, this project attempts to determine whether the market was already factoring in a significant probability of effective action on climate change, and whether this impacted firm value. The project intends to provide an assessment of risk associated with stranded assets to policymakers and executives in fossil-fuel and carbon-intensive sectors, and seeks to develop data, models and new analytical approaches that contribute to valuing environmental risk factors.

该项目旨在开发和测试一种新的方法，以确定对气候变化采取有效行动对化石燃料公司资产价值的潜在后果。考虑到来自联合国气候变化会议的政策信号，如《巴黎协定》，该项目试图确定市场是否已经考虑到对气候变化采取有效行动的重大可能性，以及这是否影响了公司价值。该项目旨在向化石燃料和碳密集型部门的政策制定者和高管提供与搁浅资产相关的风险评估，并寻求开发有助于评估环境风险因素的数据、模型和新的分析方法。