Description:
Asset stranding - the unanticipated depreciation of assets (e.g. resource reserves, infrastructure, stocks) due to market shifts such as policy interventions or innovation - is at the core of current debates in energy and climate. This roundup presents prominent contributions to the discussion with a focus on fuel-exporting economies. We discuss strengths and limits of the concept as well as potential conceptual flaws and the perspective of resource-exporting countries. The discussion highlights that the debate neglects the adaptation by market players to changing conditions. However, and despite the conceptual shortcomings, (economic) diversification figures and energy outlooks show that the (potential) issue is too big to ignore for resource owners and the international community.