2015-10 Divestment and Stranded Assets in the Low-carbon Transition 26页
TABLE OF CONTENTS
ACKNOWLEDGEMENTS .................................. 1
EXECUTIVE SUMMARY .................... 3
1. INTRODUCTION AND DEFINITIONS ....... 4
1.1 Scope ...................................... 4
1.2 Definitions .................................. 5
2. ESTIMATING STRANDED ASSETS .................. 7
3. DIVESTMENT: WHY AND HOW? ........................................ 13
3.1 Methods: how various actors are pursuing divestment .................. 14
3.2 Other courses of action ................................ 16
3.3 Is divestment effective? .................................................. 16
4. ISSUES FOR POLICY-MAKING ................................................19
4.1 Possible measures to increase transparency ........................ 19
4.2 Possible measures to minimise stranding .................................. 20
5. CONCLUSIONS AND FURTHER ISSUES .............................. 22
REFERENCES ....................................................... 23