World’s Financial Firms Risk $1 Trillion in Losses if Slow to Act on Climate Change: Report
LONDON (Reuters) – The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows. The report by consultants Oliver Wyman, published on Friday, comes as pressure on the industry to accelerate efforts …
News story posted on 2020-02-21T17:53:00.0000000Z
