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Study fuels doubt over benefits of climate risk-weights

Research finds both green supporting factor and carbon penalising factor have drawbacks

electric car charger
Climate risk-weights are unlikely to push people to buy an electric car

Cutting bank capital requirements for green assets may not provide enough financial incentive to change consumer behaviour, a Paris-based think-tank has found, in a study published today.

“The impact is quite weak, especially for renovations and electric cars,” says Julie Evain, a research fellow at the Institute for Climate Economics (I4CE) and one of the study’s authors.

The study also warns

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