Our research

The Centre for Climate Finance and Investment undertakes cutting-edge research on how capital markets are responding to global climate change. Helping investors and policy makers overcome the lack of clarity about risk and return in clean energy, low-carbon technologies, and green infrastructure.

The Centre works closely with the Grantham Institute – Climate Change and the Environment and the Brevan Howard Centre for Financial Analysis. Imperial College Business School launched the MSc Climate Change, Management & Finance in September 2016 in partnership with the Grantham Institute.

Latest research

Introducing the report on the impact of Climate Change on the Cost of Capital for Developing Countries, as covered in the Financial Times and created in conjunction with SOAS and UN Environment.

Research in Development & Thought Pieces

Can the oil and gas majors transition to zero carbon?

Are the major oil and gas companies really prepared for a low-carbon energy system? We’re developing a new approach to help investors find out.

The dangers of subsidy-free renewable energy

Almost all European countries want to get rid of subsidies for renewable energy projects, but exposing producers to greater market risk may be both inefficient and counterproductive.

Recent reports

Climate Change and the Cost of Capital in Developing Countries (UN Environment, 2018)

Growing Green Finance

 

Understanding Green Bonds

Understanding Green Bonds

Going Beyond Green: Do Listed Clean Energy Infrastructure Shares Make Financial Sense for Investors?

Firm Power Parity: A Framework for Understanding the Disruptive Threat of Solar & Storage

Selected academic publications

Biffis E, Blake D, Pitotti L, et al., 2016, The Cost of Counterparty Risk and Collateralization in Longevity Swaps, Journal of Risk and Insurance, Vol:83, ISSN:0022-4367, Pages:387-419

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Rujeerapaiboon N, Kuhn D, Wiesemann W, 2016, Robust Growth-Optimal Portfolios, Management Science, Vol:62, ISSN:0025-1909, Pages:2090-2109

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Slowak AP, Taticchi P, 2015, Technology, policy and management for carbon reduction: A critical and global review with insights on the role played by the Chinese Academy, Journal of Cleaner Production, Vol:103, ISSN:0959-6526, Pages:601-619

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Martin R, Muuls M, de Preux LB, et al., 2014, Industry Compensation under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading Scheme, American Economic Review, Vol:104, ISSN:0002-8282, Pages:2482-2508

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Staffell I, Green R, 2014, How does wind farm performance decline with age?, Renewable Energy, Vol:66, ISSN:0960-1481, Pages:775-786

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Martin R, de Preux LB, Wagner UJ, 2014, The impact of a carbon tax on manufacturing: Evidence from microdata, Journal of Public Economics, Vol:117, ISSN:0047-2727, Pages:1-14

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