Authors
Yannis Dafermos, Frank van Lerven, Maria Nikolaidi
Publication date
2022/10/7
Issue
8
Publisher
Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science
Description
Capital requirements play a central role in financial regulation and have significant implications for financial stability and credit allocation. However, in their existing form, they fail to capture environment-related financial risks and act as a barrier to the transition to an environmentally sustainable economy. This paper considers how capital requirements can become green and explores how green differentiated capital requirements (GDCRs) can be incorporated into financial regulation frameworks.
Total citations
202220232024282
Scholar articles
Y Dafermos, F van Lerven, M Nikolaidi - 2022