As Extreme Weather Batters America’s Farm Country, Costing Billions, Banks Ignore the Financial Risks of Climate Change
Publish Date: 5/2/2021
News Source: Inside Climate News
“We’re talking about hundreds of billions of dollars at risk here, and it’s not priced in the financial system.” — Bruno Sarda, the former North America president of CDP. “Despite the predictable nature of these disruptions with respect to climate change, our financial system is flying blind.” — Senators Brian Schatz (D-Hawaii) and Sheldon Whitehouse (D-R.I.).
