The disclosures show how business leaders expect climate change, and the policy responses to it, to ripple through every corner of the global economy. Others are keeping a close eye on the potential public reaction to climate change. The disclosures offer only a partial glimpse at the potential price tag of climate change. On the flip side, the CDP report found, many companies also see moneymaking potential in climate change. The report comes as financial regulators have expressed growing concern that markets are not yet fully pricing in the potential financial consequences of climate change.

Source: bd News24 June 07, 2019 05:37 UTC