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Climate Change Scenarios – Implications for Strategic Asset Allocation

SSRN Electronic JournalPublished 1 January 2011Open access
Danyelle Guyatt
Citations47
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Abstract

Climate change was described by Nicholas Stern as ‘the greatest market failure the world has seen’ (Stern Review, 2007). But relatively little research has focused on the investment implications of climate change at the total-portfolio level, and how institutional investors might respond. That is the purpose of this paper.

Keywords

Economics, Econometrics and FinanceHealth ProfessionsEnvironmental Science