Carbon Finance: A Risk Management View - 9781800611016

World Scientific Europe Ltd

Carbon Finance: A Risk Management ViewAuthor(s): Martin Hellmich, Rudiger Kiesel\nFormat: Hardback\nPublisher: World Scientific Europe Ltd, United Kingdom\nImprint: World Scientific Europe Ltd\nISBN-13: 9781800611016, 978-1800611016\nSynopsis\nMastering climate change has been recognised as a major challenge for the current decade. Besides the physical risks of climate change, the accompanying economic risks are substantial. Carbon Finance: A Risk Management View provides an in-depth analysis of how climate change will affect all aspects of financial markets and how mathematical and statistical methods can be used to analyse, model and manage the ensuing financial risks. There is a focus on the transition risk (termed carbon risk), but also a discussion of the impact of physical risks (as these risks are closely entangled) on the way to low carbon economies. This is a valuable overview for readers seeking an analysis of carbon risks from the perspective of financial risk management, .