Stranded assets are a big deal far beyond fossil fuel and heavy industry

As the RFI Foundation’s report focused on, there is an important need to consider both the direct and indirect risks from the low-carbon transitionSome sectors are directly exposed to fossil shock, but several other productive activities are mainly affected by indirect effectsTaking a step back and re-evaluating the strategy may be a crucial step for financial institutions to take as the world’s transition accelerates after the breakthrough of awareness in 2020

A key insight from the RFI Foundation’s recent research into the embedded climate-related financial risks to the financial sector is the consideration of both direct and indirect risks. This topic has been further explored by a new research paper from the French development financial agency which highli...