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Investors gamble by ignoring climate constraints

2013-01-23 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mail and Guardian: This is the conclusion of a report by the Institute and Faculty of Actuaries. A comprehensive look at what global investors are thinking, it found that while there is no question that resources will be squeezed in the future, asset managers did not consider this in their decision-making process. "Currently, actuarial models are effectively discounting to zero the probability of economic growth being limited by resource constraints," it said. "The most extreme scenarios modelled represent financial...

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