Financial giants can have a pivotal role for climate stability
Wednesday, November 7, 2018 - 10:23
in Earth & Climate
Banks, pension funds and other institutional investors have a key role to play in efforts to avoid dangerous climate change. A limited number of these investors have considerable influence over the Amazon rainforest and boreal forests that are known 'tipping elements' in the climate system. Protecting these 'tipping elements' should be a priority for investors to help reduce both climate change and systemic financial risks created by it.