Ortec Finance in the media: Reducing exposure to physical climate risks may increase longer-term risks
Responsible investor published an article about climate risks written by Willemijn Verdegaal.
Climate risks, along with cyber-attacks, rank as the dangers most likely to occur in the next 10 years, and be the most impactful, according to the latest Global Risk Report of the World Economic Forum. The global response to climate change will be one of the defining issues of the 21st century. In its report to the Financial Stability Board, the Taskforce on Climate Related Financial Disclosure (TCFD) headed by Michael Bloomberg, called climate risk: “One of the most significant, and perhaps most misunderstood, risks that organizations face today”.
Read the rest of the article here.