The trade-offs of green energy measures

Description

While disasters related to climate change cause damage to properties, plant and equipment, another huge challenge for companies is how to adapt to the policy risks of increasingly stringent climate and environmental regulations.

This is the subject of a paper studying the impact of climate policy risk on firms’ financing decisions which contributes to a wider research agenda on sustainable finance at AMBS. The paper will soon appear in the Special Issue on Business and Climate Change in Management Science, a leading management journal.