President Trump’s Paris Pullout: What it means for financial institutions

August 2, 2017 12:49 pm Published by

Throughout his campaign for the U.S. presidency, Donald Trump expressed skepticism about climate change and promised to repeal Obama-era climate policies. On June 1, 2017, President Trump made good on one of his biggest climate-policy promises by announcing that the United States would withdraw from the Paris Agreement. This paper discusses the impacts of this decision.

Managing Carbon Risk: A Look at Environmentally Conscious Indices

May 5, 2017 11:27 am Published by

Increasingly, governments around the globe are implementing more stringent climate policies to help stimulate the transition to lower-carbon economies. This transition brings with it both risks and opportunities for the financial sector. In this study, we compare the carbon intensity and performance of ‘green’ equities portfolios (environmentally conscious indices) and traditional market portfolios (market indices).


A Target GDP Approach to Risk and Return in Climate Change Policy

November 14, 2016 2:18 pm Published by

Climate change is widely recognized as a serious risk that requires worldwide governmental action. Failing to act on climate change including the risk to the world's financial systems by threatening financial resilience and longer-term prosperity.