Fig. 4: Cumulative losses by listed companies and in financial markets. | Nature Climate Change

Fig. 4: Cumulative losses by listed companies and in financial markets.

From: Stranded fossil-fuel assets translate to major losses for investors in advanced economies

Fig. 4: Cumulative losses by listed companies and in financial markets.

a, Global losses affecting stock-market-listed fossil-fuel headquarters, intermediate and ultimate corporate owners, and listed fund managers in the medium realignment. b, Same as in a, but for all financial institutions. See c for legend. Creditors equal negative equity, reducing creditors’ collateral. c, Same as in b, but split by country. The y axis is compressed between US$0.10 and US$0.28 trillion.

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