Goldman Sachs, UBS, JPMorgan say 2019 is the year for climate change - Business Insider

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Here's why JPMorgan and Goldman Sachs say 2019 is the year climate change is at the top of investors' minds

But a lot of the world's biggest banks are all talking about climate change, and say this is the year investors are most aware.

Goldman last month released a 34-page report, which analyzed the impact of climate change on cities. The results were terrifying.Goldstein said clients want to be able to plan for changes that will arise due to climate change, whether it be physical changes, market moves, or policy, and added that more often clients are coming to Goldman for expertise on how to manage the risks associated with climate change.

"Markets are often driven by human behaviour." As a result, cultural milestones such as activist protests in the last year, including those by the Extinction Rebellion, as well as 2019 climate documentaries by David Attenborough ,are "important in making it more likely that the issues of climate change and inequality will affect markets."

 

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Distractions and appeasement with the masses

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