🇮🇳 India 8h ago · Dwaipayan Roy

Why banks with exposure to carbon-intensive sectors are at risk

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Why banks with exposure to carbon-intensive sectors are at risk
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A recent study by researchers from IIM Lucknow has revealed that banks with high exposure to carbon-intensive sectors are likely to face increased credit risk in the long run.
The research, published in the Journal of International Financial Markets, Institutions and Money, highlights the link between sustainability and financial performance.
It emphasizes the need for aligning financial strategies with the global shift toward a low-carbon economy.

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