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“All scenarios are wrong, but some are useful”—Toward a framework for assessing and using current climate risk scenarios within financial decisions
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“All scenarios are wrong, but some are useful”—Toward a framework for assessing and using current climate risk scenarios within financial decisions (2023)“All scenarios are wrong, but some are us…Reframing incentives for climate policy action (2021)Reframing incentives for clim…Land‐based measures to mitigate climate change: Potential and feasibility by country (2021)Land‐based measures to mitiga…It takes two to dance: Institutional dynamics and climate-related financial policies (2021)It takes two to dance: Instit…Does carbon pricing reduce emissions? A review of ex-post analyses (2021)Does carbon pricing reduce em…Business risk and the emergence of climate analytics (2021)Business risk and the emergen…Stranded Assets in the Transition to a Carbon-Free Economy (2020)Stranded Assets in the Transi…Modelling innovation and the macroeconomics of low-carbon transitions: theory, perspectives and practical use (2019)Modelling innovation and the …Do Investors Care about Carbon Risk? (2019)Do Investors Care about Carbo…Macroeconomic impact of stranded fossil fuel assets (2018)Macroeconomic impact of stran…The role of money and the financial sector in energy-economy models used for assessing climate and energy policy (2017)The role of money and the fin…Some Contributions of Integrated Assessment Models of Global Climate Change (2017)Some Contributions of Integra…A Financial Macro-Network Approach to Climate Policy Evaluation (2017)A Financial Macro-Network App…Historical energy price shocks and their changing effects on the economy (2016)Historical energy price shock…Climate Change 2014: Mitigation of Climate Change (2015)Climate Change 2014: Mitigati…A Third Wave in the Economics of Climate Change (2015)A Third Wave in the Economics…Hedging Climate Risk (2014)Hedging Climate RiskFinancial mechanisms for advancing environmental sustainability: a comprehensive review (2026)Financial mechanisms for adva…A Contribution to the Theory of Economic Growth (1956)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Climate Change and the Financial System (2020)Climate Risks and Financial Stability (2020)Low‐carbon transition risks for finance (2020)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Finance and the good society (2012)Corporate Sustainability: First Evidence on Materiality (2016)Hedging Climate Change News (2019)Empirical Model Building and Response Surfaces (1988)The Economics of Climate Change: The Stern Review (2007)The Shared Socioeconomic Pathways and their energy, land use, and greenhouse gas emissions implications: An overview (2016)The Use and Misuse of Models for Climate Policy (2016)R&D intensity and carbon emissions in the G7: 1870–2014 (2018)Estimating and tracking the remaining carbon budget for stringent climate targets (2019)Evolutionary Games and Population Dynamics (1998)The geographical distribution of fossil fuels unused when limiting global warming to 2 °C (2015)Diffusion of Innovations 1 (2019)Social impacts of climate change mitigation policies and their implications for inequality (2019)Blind to carbon risk? An analysis of stock market reaction to the Paris Agreement (2020)The General Theory of Employment, Interest and Money. (1936)The Economics of Climate Change (2007)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)ESG scores and cost of debt (2022)OECD Environment Working Papers (2010)The effect of carbon tax on per capita CO2 emissions (2011)Report of the High-Level Commission on Carbon Prices (2017)Country-level social cost of carbon (2018)Carbon taxation: A review of the empirical literature (2022)Fighting Climate Change: International Attitudes toward Climate Policies (2025)Risk, Return, and Equilibrium: Empirical Tests (1973)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)The Importance of Climate Risks for Institutional Investors (2019)Sustainable investing in equilibrium (2020)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation (2012)Global non-linear effect of temperature on economic production (2015)Climate Risk and Capital Structure (2019)Climate tipping points — too risky to bet against (2019)Climate Change and Adaptation in Global Supply-Chain Networks (2023)Climate Change, Firm Performance, and Investor Surprises (2023)Paris Agreement climate proposals need a boost to keep warming well below 2 °C (2016)Natural climate solutions (2017)State of Climate Action 2022 (2022)Agriculture, Forestry and Other Land Uses (AFOLU) (2023)Biophysical and economic limits to negative CO2 emissions (2015)A roadmap for rapid decarbonization (2017)
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References

  • 2015Climate Change 2014: Mitigation of Climate Change4,868 cited
  • 2019Do Investors Care about Carbon Risk?3,593 cited
  • 2021Does carbon pricing reduce emissions? A review of ex-post analyses530 cited
  • 2017Some Contributions of Integrated Assessment Models of Global Climate Change470 cited
  • 2014Hedging Climate Risk434 cited
  • 2018Macroeconomic impact of stranded fossil fuel assets430 cited
  • 2021Land‐based measures to mitigate climate change: Potential and feasibility by country410 cited
  • 2020Stranded Assets in the Transition to a Carbon-Free Economy290 cited
  • 2015A Third Wave in the Economics of Climate Change284 cited
  • 2021Business risk and the emergence of climate analytics225 cited
  • 2021Reframing incentives for climate policy action220 cited
  • 2019Modelling innovation and the macroeconomics of low-carbon transitions: theory, perspectives and practical use147 cited
  • 2017A Financial Macro-Network Approach to Climate Policy Evaluation143 cited
  • 2016Historical energy price shocks and their changing effects on the economy142 cited
  • 2017The role of money and the financial sector in energy-economy models used for assessing climate and energy policy

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128 cited
  • 2021It takes two to dance: Institutional dynamics and climate-related financial policies117 cited
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    • 2026Financial mechanisms for advancing environmental sustainability: a comprehensive review15 cited