Business Models and Their Impact on Climate Change: A Comprehensive Review of Recent Literature

The energy sector has become increasingly significant in recent years, playing a crucial role in economic developments at both national and global levels, particularly in the transition toward a zero-carbon economy. This study focuses on a comprehensive literature review examining business models and their impact on climate change from multiple perspectives and scenarios. The analysis is based on a robust selection of academic sources retrieved from scholarly databases, filtered through keywords related to climate change modeling and analysis. Key areas of exploration include the influence of climate change on inflation, business strategies for long-term production assets in the face of climate risks, the role of artificial intelligence in climate adaptation, the impact of climate change on stock markets, and its effects on bank lending. The central research question addressed in this paper is whether climate change has a tangible impact on business models and whether these models should adapt their strategies accordingly. The future trajectory of the economy in the context of climate change is a pressing topic with implications for both local and global economies. Consequently, this literature review encompasses various themes that, directly or indirectly, examine the relationship between climate change and economic dynamics.