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Model-based financial regulation challenges for the net-zero transition

Author

Listed:
  • Matteo Gasparini

    (University of Oxford
    University of Oxford)

  • Matthew Ives

    (University of Oxford
    University of Oxford)

  • Ben Carr

    (London School of Economics
    Enterprise Products)

  • Sophie Fry

    (University of Oxford)

  • Eric Beinhocker

    (University of Oxford
    University of Oxford)

Abstract

Current model-based financial regulations favour carbon-intensive investments. This is likely to disincentivize banks from investing in new low-carbon assets, impairing the transition to net zero. Financial regulators and policymakers should consider how this bias may impact financial system stability and broader societal objectives.

Suggested Citation

  • Matteo Gasparini & Matthew Ives & Ben Carr & Sophie Fry & Eric Beinhocker, 2024. "Model-based financial regulation challenges for the net-zero transition," Nature Climate Change, Nature, vol. 14(5), pages 434-435, May.
    • Handle: RePEc:nat:natcli:v:14:y:2024:i:5:d:10.1038_s41558-024-01959-7
    DOI: 10.1038/s41558-024-01959-7
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