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Contribution Details

Type Conference Presentation
Scope Discipline-based scholarship
Title There is no planet B", but for banks there are "countries B to Z": Domestic climate policy and cross-border bank lending
Organization Unit
Authors
  • Emanuela Benincasa
  • Gazi Kabas
  • Steven Ongena
Presentation Type paper
Item Subtype Original Work
Refereed Yes
Status Published electronically before print/final form (Epub ahead of print)
Language
  • English
Event Title e-Seminar
Event Type conference
Event Location Nantes
Event Start Date November 17 - 2022
Event End Date November 17 - 2022
Abstract Text The stringency of climate policy varies from one country to the next. This column examines global syndicated loans to show that banks increase their cross-border lending in response to greater climate policy stringency in their home country, if the home country has more stringent climate policy than the borrowers' countries. Used in this way as a regulatory arbitrage tool, cross-border lending can reduce the effectiveness of climate policies if global coordination is not enforced.
Official URL https://faculte-recherche.audencia.com/en/research-lab/research-thursdays/research-thursdays/
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