Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322309 
Year of Publication: 
2024
Series/Report no.: 
Staff Memo No. 3/2024
Publisher: 
Norges Bank, Oslo
Abstract: 
For a period of time, climate change could increase firms' costs and reduce the value of their assets. If we assume that the composition of banks' lending remains constant, the increase in costs could increase the banks' losses. The risk of increased losses is very unevenly distributed between industries, and the increase will probably come at the same time as firms' need for financing to reduce emissions increases.
Persistent Identifier of the first edition: 
ISBN: 
978-82-8379-329-1
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Research Report
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