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Follow the #Money: Stranded Assets


 
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#1 eds

eds

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Posted 08 April 2018 - 02:40 PM

Figures estimated for the year 2012 by the
. . . London School of Economics, and Political Science Grantham Research Institute
. . . on Climate Change, and the Environment, suggest that
. . . $674 billion was invested in what would potentially be completely stranded assets, adding up to
. . . $6 trillion in the next 10 years.

The level of 200 participating institutions,
. . . from the People’s Bank of China, to the Deutsche Bundesbank,
. . . signal that climate related risks,
. . . are on the agenda of financial regulators globally,
. . . potentially speeding up the reallocation of capital,
. . . from carbon-intensive to more sustainable sectors.

2-8-2018 Source:  Follow the #Money: Stranded Assets

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