气候转型风险与银行贷款

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-11-09 DOI:10.1111/jfir.12360

Brunella Bruno, Sara Lombini

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引用次数: 0

摘要

摘要:本文研究了2015年《巴黎协定》签署后，全球银团贷款市场的银行是否以及如何调整信贷定价和供应，以应对更高的气候转型风险(CTR)。我们通过考虑借款人的污染水平和借款人总部所在国家在解决气候变化问题方面的参与度来衡量CTR。证据是混合的，并且指向借贷变量和二氧化碳排放之间的非线性关系。《巴黎协定》等政策事件和政府的环保意识是重要的气候风险驱动因素，两者结合起来可能会放大银行对CTR的看法。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Climate Transition Risk and Bank Lending

Abstract We investigate whether and how banks in the global syndicated loan market adjusted the pricing and supply of credit to account for higher climate transition risk (CTR) in the years following the 2015 Paris Agreement. We measure CTR by considering the pollution levels of borrowers and the engagement of countries where borrowers are headquartered in addressing climate change issues. The evidence is mixed and points to nonlinear relations between lending variables and CO2 emissions. Policy events such as the Paris Agreement and government environmental awareness are significant climate risk drivers that, when combined, may amplify banks' perception of CTR.

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.