Carbon Risk and Resilience

How Energy Transition is Changing the Prospects for Countries with Fossil Fuels

Research paper

Published 12 July 2018

Updated 19 November 2021

ISBN: 978 1 78413 279 8

Rusting oil barrels against blue sky. Photo: iznashih/Getty Images.
Rusting oil barrels against blue sky. Photo: iznashih/Getty Images.
— Rusting oil barrels against blue sky. Photo: iznashih/Getty Images.

Siân Bradley

Former Senior Research Fellow, Environment and Society Programme

Glada Lahn

Former Senior Research Fellow, Environment and Society Centre

Lower-income countries that are banking on their fossil fuels lack the capacity to assess carbon risks, and may be left behind by shifts in investment and credit.