The landmark Paris Agreement to accelerate the transition to a low-carbon economy marked a sea change in the global fight against climate change. A swelling tide of carbon-limiting regulations has since emerged, shifting the narrative from a largely ethical debate to a material set of risks and opportunities for the financial markets, today. As the…
READ
The belief that economic growth is possible without lowering carbon emissions is becoming harder to sell by the minute. A study by the London School of Economics showed that if business-as-usual emissions continue over this century, the value of risk to global financial assets in today’s terms is 1.8%, or USD 2.5 trillion. Likewise, analysis…
The Financial Stability Board’s Task Force on Climate-related Financial Disclosures published its final report on June 29, 2017, leaving many companies and market participants considering how best to implement its important recommendations. The recommendations are groundbreaking because they recognize climate change as a systemic risk to the financial stability of the global economy and present…
SEE ALL
