Investors need climate change behavioral shift
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Most investors need to make a significant behavioral shift and start factoring climate change into their portfolio risk management, a study on its impact on financial market returns found on Thursday. A study by consultants Mercer - backed by the International Finance Corporation, the World Bank’s private sector arm, and British and German government development units - modeled a range of outcomes on the impact on a range of assets and sectors out to 2050 under four temperature change scenarios. For good or bad, climate change would impact investment returns and ignoring it was not a savvy option, the report said, although for long-term diversified investors, a 2 degree temperature increase would not result in negative returns.
Investors need climate change behavioral shift. (2015, June 8). BusinessWorld, p. A7.
- BusinessWorld