Shadow banks and climate change – ally or obstacle?
In a recent research paper, Talina Sondershaus and her co-authors investigate how shadow banks, which are bank-like institutions that are only lightly regulated, behave in the context of climate change. They find that when society pays high attention to climate change, shadow banks start buying “brown loans”, i.e. loans from borrowers that have a large carbon footprint, while prices for these loan
https://www.lusem.lu.se/article/shadow-banks-and-climate-change-ally-or-obstacle - 2026-07-21