Climate risk is investment risk

Martin Carney, outgoing Governor of the Bank of England, is unlikely to be lying outside the offices of fossil fuel companies along with XR. However, he shares some of their concerns. He has said companies and investors need to step up planning for climate change, with many corporate assets at risk of becoming worthless. The financial sector, he said, has begun to take action, but far too slowly. The CEO of BlackRock asset management has said, “Climate Risk Is Investment Risk.” Forbes magazine reported that in 2019, “… the hands-down winner of 2019 was solar stocks”. And perhaps one day Mr Carney will be out there with XR. A few weeks ago I was in a pub when a “Wealth Manager” told me he’d b

Promoted and published by High Peak Green Party, 16 Davenham Avenue, Buxton, SK 17 6LS

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