“Too little, too late”: Impact of a disorderly climate transition

"Too little, too late": impact d’une transition climatique désordonnée

Annabelle De Gaye and Noëmie Lisack

Eco Notepad (in progress) from Banque de France

Abstract: In order to evaluate the financial risks linked to climate change, the Banque de France and ACPR have developed a suite of models that quantify adverse low-carbon transition scenarios for France. While the short-term macroeconomic effect is limited, the key impacts are located at the sector level and are strongly heterogeneous. A second blog post will examine the issue of financial stability.

Afin d’évaluer les risques financiers associés au changement climatique, la Banque de France et l’ACPR ont développé une suite de modèles quantifiant des scenarios adverses de transition bas carbone en France. Malgré un effet macroéconomique limité à court terme, les impacts-clés se situent au niveau sectoriel et sont fortement hétérogènes. Un second billet abordera la stabilité financière.

Date: 2022-02-08
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https://www.banque-france.fr/en/publications-and-s ... y-climate-transition
https://www.banque-france.fr/fr/publications-et-st ... imatique-desordonnee

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Persistent link: https://EconPapers.repec.org/RePEc:bfr:econot:255

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