What Do You Think About Climate Finance?

Johannes Stroebel and Jeffrey Wurgler

No 29136, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next 30 years. By an overwhelming margin, respondents believe that asset prices underestimate climate risks. We also tabulate opinions about the correlation between growth and climate change; social discount rates appropriate for projects that mitigate the effects of climate change; most influential forces for reducing climate risks; and, most important research topics.

JEL-codes: G12 G14 G32 H43 Q54 Q56 (search for similar items in EconPapers)
Date: 2021-08
New Economics Papers: this item is included in nep-cwa, nep-ene, nep-env and nep-isf
Note: AP CF EEE
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Citations: View citations in EconPapers (151)

Published as Johannes Stroebel & Jeffrey Wurgler, 2021. "What do you think about climate finance?," Journal of Financial Economics, vol 142(2), pages 487-498.

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Related works:
Working Paper: What Do You Think about Climate Finance? (2021)
Working Paper: What do you think about climate finance? (2021)
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