Impacts of climate litigation on firm value

This working paper presents evidence that litigation reduces firm value. This means that climate litigation should be considered a relevant financial risk by lenders, financial regulators and governments.

Counting carbon or counting coal? Anchoring climate governance in fossil fuel-based accountability frameworks

This analysis explores schemes for the monitoring, reporting and verification of fossil fuels, and points to a hybrid fossil fuel-based accountability framework that accounts for infrastructure and production volumes. Such transparency would provide opportunities for democratic oversight of climate governance efforts and channels to hold states accountable for their climate performance.