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041 _afre
042 _adc
100 1 0 _aRaynaud, Julie
_eauthor
700 1 0 _a Tankov, Peter
_eauthor
700 1 0 _a Voisin, Stéphane
_eauthor
245 0 0 _aPortfolio Alignment to a 2°C Trajectory: Science or Art?
260 _c2021.
500 _a57
520 _aThe concept of portfolio alignment to a temperature trajectory has gained momentum among investors and regulators since the 2015 Paris Agreement recognized the importance of the financial sector for the low carbon energy transition. Yet, a clear definition and a transparent methodology for portfolio temperature alignment, are presently lacking and few academic studies have addressed this question. This paper provides a definition of portfolio temperature alignment, reviews the key methodological steps, and highlights the main scientific challenges, with the aim to stimulate further research on this topic. We review, analyze and place in context the main findings of the recent technical review of portfolio temperature alignment assessment methodologies by Institut Louis Bachelier. JEL Codes: G11, Q54.
786 0 _nRevue d'économie financière | 138 | 2 | 2021-01-12 | p. 69-88 | 0987-3368
856 4 1 _uhttps://shs.cairn.info/journal-revue-d-economie-financiere-2020-2-page-69?lang=en&redirect-ssocas=7080
999 _c468269
_d468269