Climate-related prudential regulation: emerging perspectives and policy implications
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadata
Title
Climate-related prudential regulation: emerging perspectives and policy implicationsDate
2024-01-12Publisher
ElsevierBibliographic citation
Hidalgo-Oñate, D., Fuertes-Fuertes, I., & Cabedo, J. D. (2024). Climate-related prudential regulation: emerging perspectives and policy implications. Current Opinion in Environmental Sustainability, 101410.Type
info:eu-repo/semantics/articleVersion
info:eu-repo/semantics/publishedVersionAbstract
This article reviews the literature on climate-related prudential regulation, identifying the most relevant articles published in the last two years. The study is situated within the recent developments of this ... [+]
This article reviews the literature on climate-related prudential regulation, identifying the most relevant articles published in the last two years. The study is situated within the recent developments of this regulation in the United States and the European Union, given the high concentration of Global Systemically Important Banks in these regions. Through this critical analysis, five emerging perspectives have been identified: compensation policy, biodiversity loss, financed emissions, systemic risk, and sustainability taxonomies. The policy implications shed light on the proliferation of voluntary initiatives that may divert from climate goals, and highlight the need for a guided transition through harmonized regulation. [-]
Funder Name
Universitat Jaume I
Project code
UJI-B2021-18
Rights
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- COFIN_Articles [218]