Simona Malovaná, Dominika Ehrenbergerová, Zuzana Gric
We surveyed economics and finance professionals on the transition to a low-carbon economy, assessing risks, opportunities, and stakeholder responsibilities. Findings reveal that respondents view the transition as an opportunity for the financial sector, with modest increase in banking risks. Most respondents agreed that governments hold primary responsibility for climate mitigation policies, with carbon tax as the favored solution. Additionally, respondents perceived the COVID-19 to have a neutral or positive impact on the transition, while the Ukraine war a strong negative impact. Notably, opinions differ based on environmental awareness and professional roles, with environmentally conscious individuals expressing more optimism.
JEL codes: G12, G14, Q54
Keywords: Carbon footprint, climate finance, climate policy, environmental awareness, expert survey
Issued: May 2023
Download: CNB WP No. 6/2023 (pdf, 1 MB)