Remove 2027 Remove Banking Remove Stranded Assets
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Beware the Green Swan

Chris Hall

C by 2027. The impact of green swans on financial stability was explored in a paper published by the Bank for International Settlements in 2020. “I hate to say it, but global warming has surpassed 1.5°C,” GHG emissions are still hovering around 40 gigatonnes of CO2 per annum.

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Priorities for Financing Early Coal Retirement in Developing Countries

Chris Hall

These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early. billion for its energy transition between 2023 and 2027. These countries need more financing and alternative energy solutions, while at the same time, many have young coal fleets and new plants still under development.