Aggressive climate action needed to preserve stocks' value, paper says

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Climate Change أخبار

Global Stocks,Global Equity Value

Decision makers should pursue aggressive policies to bring climate change under control if they want to avoid losses in the value of global stocks that could...

FILE PHOTO: The first subsidy-free wind farm in the world, the Hollandse Kust Zuid with 139 wind turbines is seen at sea close to Ijmuiden

MILAN - Decision makers should pursue aggressive policies to bring climate change under control if they want to avoid losses in the value of global stocks that could top 50%, think-tank EDHEC-Risk Climate Impact warned in a 74-page paper published on Wednesday.The report aims to show investors how physical climate damage, along with the costs of transition, can have a material impact on the value of stocks.

Residents living near an artificial lake in Florida noticed a manatee swimming in it. Manatees typically swim near the coast and in rivers, not lakes.

 

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