Imperial College London
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Dr Alexandre Koberle

Business School

Honorary Senior Research Fellow
 
 
 
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Contact

 

a.koberle

 
 
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Location

 

Sherfield BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Koberle:2022:1748-9326/aca036,
author = {Koberle, AC and Shrimali, G and Mittal, S and Jindal, A and Donovan, C},
doi = {1748-9326/aca036},
journal = {Environmental Research Letters},
title = {Financial risks to coal value chain from a cost-conscious shift to renewables in India},
url = {http://dx.doi.org/10.1088/1748-9326/aca036},
volume = {17},
year = {2022}
}
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RIS format (EndNote, RefMan)

TY  - JOUR
AB  - A realignment of the financial sector is necessary to both enable the energy system transformation and manage financial risks implied by a transition to net-zero emissions. These include transition risks stemming from policies that limit or price greenhouse gas emissions. The financial sector has turned to scenarios developed by the research community for information on how transitions may unfold. Emerging methodologies linking transition scenarios to risk assessment are in their early stages but are key to enable financial institutions (FIs) to carry out the task at hand. Commercial FIs are exposed to transition risks primarily through their portfolio holdings and how assets therein may fare in a transition. Understanding this counterparty risk is key for development and interpretation of climate-financial scenarios. FIs will need to consider how the firms in a portfolio—the counterparties—will react to the transition and their capacity to navigate the changes involved. Here we apply a transparent and flexible framework to explore transition risks to corporate firms from low-carbon transition scenarios. We show that considering firms' strategic responses to the changes in their operating environment is an important determinant of the resulting transition risk estimates. We provide an illustrative case study of the coal value chain in India to demonstrate how the framework can be applied to both risk assessment and business strategy setting.
AU  - Koberle,AC
AU  - Shrimali,G
AU  - Mittal,S
AU  - Jindal,A
AU  - Donovan,C
DO  - 1748-9326/aca036
PY  - 2022///
SN  - 1748-9326
TI  - Financial risks to coal value chain from a cost-conscious shift to renewables in India
T2  - Environmental Research Letters
UR  - http://dx.doi.org/10.1088/1748-9326/aca036
UR  - https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=PARTNER_APP&SrcAuth=LinksAMR&KeyUT=WOS:000889995900001&DestLinkType=FullRecord&DestApp=ALL_WOS&UsrCustomerID=1ba7043ffcc86c417c072aa74d649202
UR  - https://iopscience.iop.org/article/10.1088/1748-9326/aca036/meta
UR  - http://hdl.handle.net/10044/1/104414
VL  - 17
ER  -
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