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Pension funds 'at risk' over climate change financial impact advice.
- Source :
-
Local Government Chronicle (0024-5534) . Sep2023, p50-51. 2p. - Publication Year :
- 2023
-
Abstract
- The article informs about at council pension funds are facing risks due to investment consultants using flawed economic research that downplays the financial impact of climate change, according to a report from Carbon Tracker. Topic include The research reveals that economic papers often overlook climate 'tipping points,' and this underestimation of climate risk parallels previous failures to understand financial risk in the lead-up to the 2008 financial crisis.
Details
- Language :
- English
- ISSN :
- 00245534
- Database :
- Academic Search Index
- Journal :
- Local Government Chronicle (0024-5534)
- Publication Type :
- Periodical
- Accession number :
- 171872179