Ben Caldecott is the Founding Director of the Oxford Sustainable Finance Programme at the University of Oxford, UK. He has pioneered key concepts in his field, including the concept of 'stranded assets' and is the leading academic researcher in this area internationally.

List of Figures

List of Tables

List of Boxes

List of Contributors

Foreword

Preface

Acknowledgements

1. Introduction: stranded assets and the environment

By Ben Caldecott

2. Stranded assets: then and now

By Dimitri Zenghelis, Roger Fouquet and Ralph Hippe

3. The 'decarbonisation identity': stranded assets in the power generation sector

By Alexander Pfeiffer

4. Stranded assets: an environmentally-driven framework of sunk costs

By Elizabeth Harnett

5. The stranding of upstream fossil fuel assets in the context of the transition to a low-carbon economy

By Jakob Thomä

6. Examining stranded assets in power generation: coal, gas and nuclear

By Daniel J. Tulloch

7. Understanding climate-related stranded assets in the global real estate sector

By Kevin Muldoon-Smith and Paul Greenhalgh

8. Knowing the risks: how stranded assets relate to credit risk assessment and the debt markets

By Michael Wilkins

9. An introduction to directors' duties in relation to stranded asset risks

By Sarah Barker

10. Climate change: what implications for central banks and financial regulators?

By Sandra Batten, Rhiannon Sowerbutts and Misa Tanaka

11. Diversifying stranded asset risks by investing in 'green': mobilising institutional investment in green infrastructure

By Christopher R. Kaminker

12. Stranded assets as economic geography: the case for a disciplinary home?

By Ben Caldecott

13. Next steps for stranded assets and the environment

By Ben Caldecott