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| Type | Studies and Reports Commissionned |
| Scope | Discipline-based scholarship |
| Title | Financial institutions' exposures to fossil fuel assets: An assessment of financial stability concerns in the short term and in the long run, and possible solution |
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| Date | 2022 |
| Abstract Text | Many financial institutions have warned that the transition to a low-carbon economy could cause a major shock to fossil fuel valuation, with the potential for systemic risk. This paper discusses disclosure commitments and empirical evidence in order to gauge the exposure of bankstowards fossil fuel assets as well as the consequent implications for banks’ balance sheets and for financial stability. |
| Official URL | https://www.europarl.europa.eu/RegData/etudes/STUD/2022/699532/IPOL_STU(2022)699532_EN.pdf |
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