1st Edition
Stranded Assets and the Environment Risk, Resilience and Opportunity
List of Figures
List of Tables
List of Boxes
List of Contributors
Foreword by Achim Steiner
Foreword by Lord Nicholas Stern
Acknowledgements
1. Introduction: stranded assets and the environment
By Ben Caldecott
2. Stranded assets: then and now
By Dimitri Zenghelis, Roger Fouquet and Ralph Hippe
3. The ‘decarbonisation identity’: stranded assets in the power generation sector
By Alexander Pfeiffer
4. Stranded assets: an environmentally-driven framework of sunk costs
By Elizabeth Harnett
5. The stranding of upstream fossil fuel assets in the context of the transition to a low-carbon economy
By Jakob Thomä
6. Examining stranded assets in power generation: coal, gas and nuclear
By Daniel J. Tulloch
7. Understanding climate-related stranded assets in the global real estate sector
By Kevin Muldoon-Smith and Paul Greenhalgh
8. Knowing the risks: how stranded assets relate to credit risk assessment and the debt markets
By Michael Wilkins
9. An introduction to directors’ duties in relation to stranded asset risks
By Sarah Barker
10. Climate change: what implications for central banks and financial regulators?
By Sandra Batten, Rhiannon Sowerbutts and Misa Tanaka
11. Diversifying stranded asset risks by investing in ‘green’: mobilising institutional investment in green infrastructure
By Christopher R. Kaminker
12. Stranded assets as economic geography: the case for a disciplinary home?
By Ben Caldecott
13. Next steps for stranded assets and the environment
By Ben Caldecott
Biography
Ben Caldecott is the Founding Director of the Oxford Sustainable Finance Programme at the University of Oxford, UK. He has pioneered key concepts in his field, including the concept of ‘stranded assets’ and is the leading academic researcher in this area internationally.
