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Trillions Of Non-Bank Financial Assets Vulnerable To Effects of Global Warming

Trillions Of Non-Bank Financial Assets Vulnerable To Effects of Global Warming – If the global temperature rise were limited to 2C by 2100, the study’s central scenario put the total of current financial assets that could be damaged at $1.7 trillion.



 
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Trillions of dollars of non-bank financial assets around the world are vulnerable to the effects of global warming, according to a study that says tougher action to curb greenhouse gas emissions makes sense for investors. Climate change could wipe $2.5 trillion off global financial assets, the study released on Monday said, adding that in the worst…

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