Carlos Pareja is a vice president, capital planning, internal audit at Morgan Stanley. He has in-depth experience in credit risk and credit analytics, project finance and environmental economic assessments. He has worked as a lending officer, risk manager and consultant at Big Four and financial institutions. Reach him at cpareja1@nyc.rr.com.
Investors must account for the impact of transition risks on existing investments, including potential costs to remediate or decommission assets that would otherwise remain productive.