Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research
DOI:
https://doi.org/10.15415/jtmge.2013.41002Keywords:
Climate Investments, Climate Risks, Climate Science, Portfolio Choice, Investment DecisionAbstract
In light of the observed changes in climate patterns, this paper reviews the evidence forwarded under climate science research for analysing the climate related stresses on assets across different sectors. The review provides insights on the need for a shift in investment decisions and portfolio management activities. The paper follows an exploratory research method to focus on key climate science research themes. Thereby, the paper synthesizes the existing scientific information to identify those opportunities in climate change that require climate investments. Additionally, the research also discusses the points of uncertainty for climate investment that arise due the limitations of existing climate science related information and methods. The synthesis of climate science information in the paper will provide a foothold to the interdisciplinary research community in the area of sustainable investments for identification of investable climate assets and insights on the factors of climate science related uncertainty that need to be researched further for their impact on such climate investments.
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References
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Mitchell, J.F.B., (1989) ‘The “greenhouse” effect and climate change’ Reviews of Geophysics,27:1, pp.115-139.
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Rubel, F. and Kottek, M. (2010) ‘Observed and projected climate shifts 1901-2100 depicted by world maps of the Köppen-Geiger climate classification’, Meteorologische Zeitschrift, 19:2, pp. 135-41. http://dx.doi.org/10.1127/0941-2948/2010/0430.
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Schneider, S.H. and Dickinson, R.E. (1974) ‘Climate modelling’, Reviews of Geophysics and Space Physics, 12:3, pp. 447–493. http://dx.doi.org/10.1029/RG012i003p00447.
Seinfeld, J.H. and Pandis, S.N. (2012) Atmospheric Chemistry and Physics: From Air Pollution to Climate Change, New York: Wiley-Interscience.
Shukla, J., Nobre, C. and Sellers, P. (1990) ‘Amazon deforestation and climate change’. Science, 247:4948, pp. 1322–1325. http://dx.doi.org/10.1126/science.247.4948.1322.
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2013-04-24
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Sudeep Rathee, & Sheeba Kapil. (2013). Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research. Journal of Technology Management for Growing Economies, 4(1), 49–68. https://doi.org/10.15415/jtmge.2013.41002
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Journal of Technology Mangement for Growing Economies by Chitkara University Publications is licensed under a Creative Commons Attribution 4.0 International License. Based on a work at https://tmg.chitkara.edu.in/ |
