Climate Risk: Running Out of Time (IPE)


Close relationships with powerful investment tools can have disastrous unintended consequences, as credit rating agencies and their clients discovered after the global financial crisis.
The disclosure by corporations of their climate-risk scenario analysis will not deliver the Paris Climate Accord target to restrict global temperature rises to 2°C above pre-industrial levels. Understanding this is critical to averting a climate disaster for humanity and, in the same way that war is too important to leave to generals alone, so this aspect of investment needs to be understood by as many people as possible.