Crossroads
This is the first comprehensive stock-taking of what the global low-carbon transition may mean for fossil fuel-dependent countries (FFDCs) and how they can manage it. FFDCs are most exposed to the…
Specifikacia Crossroads
This is the first comprehensive stock-taking of what the global low-carbon transition may mean for fossil fuel-dependent countries (FFDCs) and how they can manage it. FFDCs are most exposed to the impacts of global low-carbon transition and, at the same time, often least prepared to manage it. They depend either on the exports of oil, gas, or coal, or on the use of carbon-intensive infrastructure (e.g., refineries, petrochemicals, coal power plants), or both. These countries face at least two climate-related risks. The first-order risk arises from weather-related events induced by climate change. The second-order risk is financial, fiscal and macro-structural. It arises from the potentially accelerated transition of the global economy away from carbon-intensive fuels (Carney 2015). This report focuses on managing this transition risk and harnessing related opportunities. Crossroads
Crossroads
Crossroads
Crossroads
Crossroads
Crossroads
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