Climate Litigation Knocks Stock Prices

New research published by the London School of Economics’ Grantham Research Institute on Climate Change and the Environment (LSE GRI), has demonstrated a causal link between climate litigation and stock prices. Analysing 108 climate change lawsuits against US and European-listed corporations between 2005-21, the paper found that climate litigation filings or unfavourable court decisions reduced firm value by –0.41% on average.

African Climate Wire Newsletter

Sign up to our newsletter and get updates to your email.