JP Morgan chase recently published a comprehensive climate report which spelled out to its investors how they should be adapting to the coming storm and pointed out all the lucrative investment opportunities a warming planet presents (like melting sea ice & thawing permafrost opening up new trade routes and mining sites, and increasing temperatures providing an uplift to the air-conditioning market. Meanwhile the UK Institute and Faculty of Actuaries, who are financial risk managers, published their own analysis with a very different outlook. This video compares and contrasts the two reports.
Just Have a Think – How the world’s biggest bank is bracing for climate catastrophe.
Posted by: Art Hunter