Today: July 23, 2024
Today: July 23, 2024

Aggressive climate action needed to preserve stocks' value, paper says

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FILE PHOTO: The first subsidy-free wind farm in the world, the Hollandse Kust Zuid with 139 wind turbines is seen at sea close to Ijmuiden
July 10, 2024
Reuters

MILAN (Reuters) - Decision makers should pursue aggressive policies to bring climate change under control if they want to avoid losses in the value of global stocks that could top 50%, think-tank EDHEC-Risk Climate Impact warned in a 74-page paper published on Wednesday.

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