Climate change will pose a huge disruption. Are the world’s banks ready?
Publish Date: 11/17/2021News Source: Brookings
For all the attention to climate in the world of capital, investment dollars still too often aren’t moving in the right ways. In particular, the world of finance is flying blind on how the physical risks of climate change will affect the value of assets. When that changes there will be surprising, possibly massive, shifts in capital.