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  • 2023
  • Working Paper
  • HBS Working Paper Series

The Evolving Academic Field of Climate Finance

By: Matteo Gasparini and Peter Tufano
  • Format:Print
  • | Language:English
  • | Pages:27
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Abstract

The urgency and the magnitude of climate change will affect every aspect of our economies, societies, and planet. The academic finance research has begun to study the financial implications of global warming, although this body of literature is small. The field has distinct geographic tilts, draws young researchers, and much remains outside of the traditional finance domain. We explore, quantitatively and qualitatively, the emerging field of climate finance. We discuss its relevance for finance research and teaching and provide implications for financial economist and practitioners—in particular the need to incorporate this massive externality in valuation and risk analyses.

Keywords

Climate Finance; Finance Academia; Greenhouse Gas; Sustainable Finance; Financial Decisions; Educational Finance; Finance; Climate Change; Transition

Citation

Gasparini, Matteo, and Peter Tufano. "The Evolving Academic Field of Climate Finance." Harvard Business School Working Paper, No. 23-057, January 2023.
  • SSRN
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About The Author

Peter Tufano

General Management
→More Publications

More from the Authors

    • October 17, 2022
    • Harvard Business Review (website)

    When Climate Collaboration Is Treated as an Antitrust Violation

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    Crises and Collective Purpose: Distraction or Liberation?

    By: P. Tufano
    • May 2022
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    Can Gambling Increase Savings? Empirical Evidence on Prize-Linked Savings Accounts

    By: Shawn A. Cole, Benjamin Iverson and Peter Tufano
More from the Authors
  • When Climate Collaboration Is Treated as an Antitrust Violation By: Matteo Gasparini, Knut Haanaes and Peter Tufano
  • Crises and Collective Purpose: Distraction or Liberation? By: P. Tufano
  • Can Gambling Increase Savings? Empirical Evidence on Prize-Linked Savings Accounts By: Shawn A. Cole, Benjamin Iverson and Peter Tufano
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