je.st
news
Climate change and risks to financial stability
2015-11-16 10:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: In April, G20 Finance Ministers and Central Bank Governors requested that the FSB convene the public and private sector to consider how the financial sector can take account of climate-related issues. This follows a warning by Mr Carney, in his role as Governor of the Bank of England, that investors face potentially huge losses from climate change action that could make vast reserves of oil, coal and gas literally unburnable. Extract from FSB Chairmans letter to G20 leaders, 9th November...
Tags: change
financial
risks
stability
Category:Electronics and Electrical