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Climate risk could undermine investments, report warns

2015-11-12 17:26:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: A report has warned that investors could be hit hard amid changes in short-term market swings, triggered by climate impact concerns. University of Cambridge experts said global investment portfolios could see losses of up to 45%. No investor was "immune from the risks posed by climate change", they added. In a recent speech to the City, Bank of England Governor Mark Carney said climate change would "threaten financial resilience". The report, Unhedgeable Risk: How Climate Change Sentiment...

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