Climate Change 'Could Wipe $2.5tn Off' Global Financial Assets (Worst Case $24tn): Study

Trillions of dollars of non-bank financial assets around the world are vulnerable to the effects of global warming, according to a study that says tougher action to curb greenhouse gas emissions makes sense for investors. Climate change could wipe $2.5 trillion off global financial assets, the study released on Monday said, adding that in the worst…

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