BlackRock CEO says the climate crisis is about to trigger 'a fundamental reshaping of finance'

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The world's largest money manager believes the intensifying climate crisis will bring about a fundamental reshaping of finance.

In an annual letter to CEOs published Tuesday, BlackRock chief executive Larry Fink said: "Climate change has become a defining factor in companies' long-term prospects.

"But awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance," he added. Larry Fink, chief executive officer of BlackRock Inc., pauses ahead of a Bloomberg Television interview at the Blackrock Inc. wealth symposium in Zurich, Switzerland, on Thursday, March 7, 2019The chief of the world's largest money manager believes the intensifying climate crisis will bring about a fundamental reshaping of finance, with a significant reallocation of capital set to take place "sooner than most anticipate.

 

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Good it needs to happen.

This is good for Ethereum

antiprosynth Using this to shill my LLM thesis about creating Carbon Markets with Ethereum.

LOL

Do you hear us now?

Translation: Blackrock has its bets in place, now it has to push everyone to fall into their trap.

What's his degree in ? EVen the weather people can't accurately predict weather !

It’s all about cleaning China up

What’s Blackrocks policy on China, and the Pacific Rim pollution?

Globalist who stands to profit from climate lie

if he cared so much he wouldn’t be CEO of blackrock

As soon as I see the word “crisis” after the word “climate,” bye bye.

McAfee vs HPD is going to make HISTORY because GOD IS WATCHING! JOHN 8 v 32! Google McAfee vs HPD case 112! I'm a disabled AFRICAN AMERICAN VETERAN who was robbed of my CLASS B CDL LICENSE with LIES AND FALSE EVIDENCE! I will have JUSTICE!!

Stock market will crash AMEN,SO MOTE it BE!!!

One should always be skeptical when “Science” is discussed as if it is one organization housed in the same building.

PR

Marketing

Time to buy coal stock then.

When governments tell the people what industries are good and bad, finance changes. It's called a manipulated market.

Time to speak out

Corporate governance is already looking at how climate change puts assets and supply chains at risk. risk mitigation products are practically designing themselves. Hedge the balance sheet, hedge the activity, hedge the location, hedge the raw materials, hedge political u rest.

Fink said more or less the same three years ago

No duh?

NTCO buy buy j.p.morgan

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