Carbon Risk, the web application developed by Novethic, brings into focus the economic and financial issues raised by climate change. It draws on information compiled from several databases concerning the climate policies and strategies of national governments, investors and businesses.
Our aim is to provide a tool that gives an overall picture of the threat to the climate posed by fossil fuels and the engagements made by the three main economic actors to avert this risk.
There have been three stages in the climate change debate: scientific controversies, a focus on the risk for ecosystems, and last, recognition of the economic and financial consequences.
Novethic highlights four crucial dimensions of climate change to understand why and how businesses and the financial sector are managing or enduring its impacts.
Negotiating an international climate agreement
Adapt business models and reduce emissions
Financing the transition to a low-carbon economy
Financial consequences of fossil fuel asset devaluations