Browsing by Author "Sudeep Rathee"

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    Climate Change: A Paradigm Shift for Investments?
    (Chitkara University Publications, 2014-10) Sudeep Rathee
    Continuing with work of Rathee and Kapil (2013) on assessing the paradigm shift for investments due to climate change, this paper presents a review of the climate economics to add to the precious work on climate science. In its various sections the paper presents the economic treatment of climate problem as a market-failure from the perspectives of externalities and cost benefit analysis and reveals the dimensions of marginal abatement costs, and inter-generational equity. An assessment of likely total economic costs incurred due to climate change is presented to understand the scale of asset-value loss and economic risks faced by investors. We thereupon also investigate the various economic instruments that have been proposed by economists and implemented in policy for adaptation to and mitigation of climate change activity. In the penultimate section, a discussion is presented on challenges and opportunities for private investors in light of the climate economics revealed earlier in the paper. This research will add further to the work presented earlier in the series and adds another perspective of interdisciplinary dimension to the benefit of climate and economic researchers. For further action, the future researcher can build on this collective work to investigate for evidence on investable financial instruments that provide opportunities to allocate capital in the climate adaptation and mitigation related sectors.
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    Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research
    (Chitkara University Publications, 2013-04) Sudeep Rathee; Sheeba Kapil
    In light of the observed changes in climate patterns, this paper reviews the evidence forwarded under climate science research for analysing the climate related stresses on assets across different sectors. The review provides insights on the need for a shift in investment decisions and portfolio management activities. The paper follows an exploratory research method to focus on key climate science research themes. Thereby, the paper synthesizes the existing scientific information to identify those opportunities in climate change that require climate investments. Additionally, the research also discusses the points of uncertainty for climate investment that arise due the limitations of existing climate science related information and methods. The synthesis of climate science information in the paper will provide a foothold to the interdisciplinary research community in the area of sustainable investments for identification of investable climate assets and insights on the factors of climate science related uncertainty that need to be researched further for their impact on such climate investments.