Three Reasons Asset Managers Must Address Climate Sustainability Now
- Date: 04-Nov-2021
- Source: Forbes
- Sector:Economy
- Country:Middle East
Three Reasons Asset Managers Must Address Climate Sustainability Now
Climate Sustainability
Yesterday at the COP26 Summit in Glasgow, Al Gore, former U.S. vice president and environmental advocate, said the world is witnessing a sustainability revolution—and warned that investors caught on the wrong side will face huge losses. Why? “An absurd assumption that all of those carbon fuels are going to be burned,” he answered. In other words, a large systemic financial loss is currently unrealized.
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