Patrick Grüning (Bank of Lithuania) will present the research paper "Understanding Macro and Asset Price Dynamics During the Climate Transition". The author analyzes the transition to a low-carbon economy and its effects on macroeconomic quantities and asset prices.
Findings suggest that we the relative valuation of fossil fuel firms has significantly declined with the rise of climate change risk awareness.
Access: Zoom Meeting https://uva-live.zoom.us/j/82453023237?pwd=eGcwaGxFa3kxWDRPL0o1V2lwUmVtZz09
(Meeting ID: 824 5302 3237, Passcode: 901555).