About: climate risk

CDP boss: ‘Companies or sectors may face liability risks on climate change’

Private investors need to come clean and commit to science-based targets on climate change, says Paul Simpson. Unfortunately, “there is still money out there for the dirty investments in the short term,” he laments, calling on regulators to take action against opaque finance.

AXA sustainability chief: Penalties for fossil fuel assets ‘merit close attention’

The European Commission’s High-Level Group on sustainable finance is currently looking at the pros and cons of slapping “penalties” on fossil fuel assets that may end up being stranded as investors shift to low-carbon portfolios, Christian Thimann told EURACTIV in an exclusive interview.
Climate change 14-11-2016

World Bank economist: ‘Better climate risk management could save the poor billions each year’

Natural disasters plunge 26 million people into poverty every year, according to a new report by the World Bank. The organisation believes the efficiency of aid could be improved by targeting climate risk management efforts on the most vulnerable, Stéphane Hallegatte told EURACTIV France.