Model-based financial regulation challenges for the net-zero transition

Matteo Gasparini (), Matthew Ives, Ben Carr, Sophie Fry and Eric Beinhocker
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Matteo Gasparini: University of Oxford
Matthew Ives: University of Oxford
Ben Carr: London School of Economics
Sophie Fry: University of Oxford
Eric Beinhocker: University of Oxford

Nature Climate Change, 2024, vol. 14, issue 5, 434-435

Abstract: Current model-based financial regulations favour carbon-intensive investments. This is likely to disincentivize banks from investing in new low-carbon assets, impairing the transition to net zero. Financial regulators and policymakers should consider how this bias may impact financial system stability and broader societal objectives.

Date: 2024
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DOI: 10.1038/s41558-024-01959-7

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