Stranded Assets and the Transition to Low-Carbon Economy

Olaf Weber, Truzaar Dordi, Adeboye Oyegunle

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review


In the context of the low-carbon transition, stranded assets can be defined as assets that have suffered unanticipated or premature write-downs, devaluations or conversions to liabilities. These assets may refer to resource reserves, infrastructure or industries that may be affected by economic, physical or political changes along a pathway of decarbonisation. This chapter first gives a historical account of stranded assets in a low-carbon transition and presents a systematic review of the literature. Then, it proposes a comprehensive approach to understanding the multitude of factors resulting in stranded asset risk, by including case studies to show how responses to stranded asset risks vary by region. Finally, it offers a research agenda for future studies, addressing some of the limitations to current research.
Original languageEnglish
Title of host publicationSustainability and Financial Risks
Subtitle of host publicationThe Impact of Climate Change, Environmental Degradation and Social Inequality on Financial Markets
EditorsMarco Migliorelli, Philippe Dessertine
PublisherPalgrave Macmillan
Number of pages30
ISBN (Electronic)978-3-030-54530-7
ISBN (Print)978-3-030-54529-1
Publication statusPublished - 18 Sept 2020

Publication series

NamePalgrave Studies in Impact Finance
PublisherPalgrave Macmillan
ISSN (Print)2662-5105
ISSN (Electronic)2662-5113

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