Abstract
In this working paper we provide a detailed descriptions of the impact to European Utilities on the impact of climate related risks.We include the impact of both transition and physical risks that could impact the companies over a period of time from 2020 to 2050. The approach utilises a long term simulation framework from an integrated assessment model that drives company investment choices over the simulation horizon. This approach gives rise to estimates of equity valuation, bond prices, credit ratings and default probabilities that can be used to assess long term credit exposures or potential shifts in current market valuation.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
