An empirical analysis of climate and environmental policy risk, the cost of debt and financial institutions' risk preferences
This study examines the impact of regulatory risk on the cost of debt and investment preferences across energy sources. We use the OECD Environmental Policy Stringency Index, loan spreads and investment decisions as measures of climate and environmental (CE) policy risk, cost of debt and risk prefer...
| Main Authors: | , , , |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2025
|