haku: @indexterm portfolio investment / yhteensä: 425
viite: 26 / 425
| Tekijä: | Springer, U. |
| Otsikko: | International diversification of investments in climate change mitigation |
| Lehti: | Ecological Economics
2003 : AUG, VOL. 46:1, p. 181-193 |
| Asiasana: | Climate Diversification Pollution Portfolio investment Risk |
| Kieli: | eng |
| Tiivistelmä: | 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. |
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