search query: @indexterm diversification / total: 686
reference: 82 / 686
| Author: | Springer, U. |
| Title: | International diversification of investments in climate change mitigation |
| Journal: | Ecological Economics
2003 : AUG, VOL. 46:1, p. 181-193 |
| Index terms: | Climate Diversification Pollution Portfolio investment Risk |
| Language: | eng |
| Abstract: | Economic models ignore the substantial economic and political risks associated with investments in developing countries, where a large share of global greenhouse gas (GHG) abatement takes place. In this article, a mean-variance approach is used to compute international portfolios of carbon abatement activities that balance low abatement costs and investment risk. Expected returns are derived from marginal abatement cost curves. |
SCIMA