Showing posts with label Bank of England. Show all posts
Showing posts with label Bank of England. Show all posts

Monday, July 27, 2015

Investors could lose $4.2tn due to impact of climate change, report warns

Private investors stand to lose $4.2tn (£2.7tn) on the value of their holdings from the impact of climate change by 2100 even if global warming is held at plus 2C, a report from the Economist Intelligence Unit (EIU) has warned.