CORDIS Project
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The CLIFF project investigates the role of major investors in leaving fossil fuels underground to combat climate change. It focuses on the implications for developing countries and seeks to create equitable strategies for energy transformation through a comparative case study approach and innovative theoretical models.
To halt climate change, the 2015 Paris Agreement implicitly requires leaving fossil fuels (FF) underground (LFFU) and coherent financial flows.
This implies stranding huge amounts of FF resources and assets (worth $16-300 trillion), affecting big investors:
FF firms, shareholders (pension funds/philanthropies), debt financers (aid agencies/development banks) and governments.
Research is scarce on big investors, the implications for developing countries with FF resources, and how LFFU can be equi…
UNIVERSITEIT VAN AMSTERDAM
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