Steffen Lab

Research focus

ERC Starting Grant · 2020

Effective green financial policies for the low-carbon transition

Mitigating dangerous climate change requires a fundamental transition of global economies. This transition calls for an annual investment of 2–4 trillion USD, which is a multiple of current climate investment. Accordingly, the EU and many countries are enacting green financial policies, intervening in the financial sector to improve financing conditions for low-carbon technologies. Examples include green state investment banks, carbon disclosure requirements, and changes to lending regulations. However, the effect of these financial policies on investments in non-financial sectors such as energy, transport, or building is largely unknown. More specifically, we lack insights on how different…

From the public funding record at EU CORDIS. Describes the funded project, not the reviews below.