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    'Climate change may threaten $2.5 trillion in financial assets'

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    Date
    April 7, 2016
    Metadata
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    Classification code
    PN20160407_C5
    Excerpt
    Climate change can destroy assets directly through sea-level rise for example, by depreciating their value, or by disrupting economic activities lower down the chain through drought or freak storms. A lot of research has focused on the oil, coal and gas investments that will be lost if the world turns its back on fossil fuels in favour of sustainable energy in line with the 2 C target. The new study attempts to break new ground with the first-ever estimate of a direct impact of climate change on the value of financial assets themselves.
    Citation
    'Climate change may threaten $2.5 trillion in financial assets'. (2016, April 7). Panay News, p. C5.
    URI
    http://hdl.handle.net/20.500.12174/428
    Associated content
    Online version
    Subject
    Global warming; Fossil fuels; Climatic changes; Marketing; Sea level changes; Economics; Research; Oil; Coal; Financial resources; Mathematical models; Mercator Research Institute on Global Commons and Climate Change; Dietz, Simon; Fuss, Sabine
    Collections
    • Panay News [1453]

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