Overlooked: Why Oil & Gas Decommissioning Liabilities Pose Financial Stability Risks - Video

Global Oil & Gas decommissioning liabilities exceeding $4 trillion, are often underfunded, not recorded on balance sheets, and misunderstood.

The shift towards renewable energy may accelerate the recognition of these liabilities, potentially posing a significant threat to global financial stability. The concept of Stranded Assets is widely recognized, but with them come "Stranded Liabilities". Think of these liabilities as a form of underfunded pension scheme if you like.

Join Carbon Tracker's reporting standards expert, Rob Schuwerk, climate accounting advisor, Greg Rogers, and Charlotte Gardes-Landolfini, a financial stability expert from the IMF, for a discussion on these themes.

Download the report: https://carbontracker.org/overlooked-why-oil-and-gas-decommissioning-liabilities-pose-overlooked-financial-stability-risk/
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The Carbon Tracker Initiative is a non-profit organisation working to align the capital markets with the climate change policy agenda.

Carbon Tracker are applying our thinking on carbon budgets and stranded assets across geographies and assets classes to inform investor thinking and the regulation capital markets.

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