Stranded Assets and the Transition to Low-Carbon Economy

Olaf Weber (), Truzaar Dordi () and Adeboye Oyegunle ()
Additional contact information
Olaf Weber: University of Waterloo
Truzaar Dordi: University of Waterloo
Adeboye Oyegunle: University of Waterloo

Chapter Chapter 3 in Sustainability and Financial Risks, 2020, pp 63-92 from Palgrave Macmillan

Abstract: Abstract In the context of the low-carbon transition, stranded assets can be defined as assets that have suffered unanticipated or premature write-downs, devaluations or conversions to liabilities. These assets may refer to resource reserves, infrastructure or industries that may be affected by economic, physical or political changes along a pathway of decarbonisation. This chapter first gives a historical account of stranded assets in a low-carbon transition and presents a systematic review of the literature. Then, it proposes a comprehensive approach to understanding the multitude of factors resulting in stranded asset risk, by including case studies to show how responses to stranded asset risks vary by region. Finally, it offers a research agenda for future studies, addressing some of the limitations to current research.

Keywords: Stranded assets; Low-carbon transition; Climate change; Transition risk; Sustainability-elated risks; Climate-related risks (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-54530-7_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030545307

DOI: 10.1007/978-3-030-54530-7_3

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().