Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper

Date
2014Author
United Nations Environment Programme
University of Oxford
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RT Generic T1 Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper A1 United Nations Environment Programme, University of Oxford YR 2014 LK https://wedocs.unep.org/20.500.11822/26631 PB AB TY - GEN T1 - Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper AU - United Nations Environment Programme, University of Oxford Y1 - 2014 UR - https://wedocs.unep.org/20.500.11822/26631 PB - AB - @misc{20.500.11822_26631 author = {United Nations Environment Programme, University of Oxford}, title = {Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper}, year = {2014}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/26631} } @misc{20.500.11822_26631 author = {United Nations Environment Programme, University of Oxford}, title = {Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper}, year = {2014}, abstract = {}, url = {https://wedocs.unep.org/20.500.11822/26631} } TY - GEN T1 - Greening China’s Financial Markets: The Risks and Opportunities of Stranded Assets; Briefing Paper AU - United Nations Environment ProgrammeUnited Nations Environment Programme, University of Oxford UR - https://wedocs.unep.org/20.500.11822/26631 PB - AB -View/Open
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The rise and fall of different technologies, products, and businesses is central to rising productivity in healthy, well-functioning markets. This process can result in ‘stranded assets’, assets that have suffered from unanticipated or premature write-downs, devaluations, or conversion to liabilities. 1 Stranded assets are therefore a regular and necessary feature of dynamic economic systems, a phenomenon inherent in the ‘creative destruction’2 of economic growth, transformation, and innovation.
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