Publish Date: 1/2/2020

News Source: Financial Times

The main mantra of climate reform in the financial sector in 2019 was how to slow global warming. Expect to see a new emphasis in 2020 on “adaptation”, or a recognition that the effects of global warming are already here, and the finance sector must now help borrowers or companies adjust. … When investors start looking closely at how certain properties or companies are (or are not) prepared for the climate-related risks that are already visible, it could mean a massive shift in how these assets are valued. Brace yourself to see some scary projected losses soon.

View Article