| Post

IMF warns investors: You’re not ready for climate change

by Laura Millan Lombrana and Eric Martin, Bloomberg Green Highlights A new report from the International Monetary Fund (IMF) says investors worldwide are underestimating the financial risks from climate change, and companies need to start disclosing their exposure Asset prices currently fail to reflect the risk of extreme weather events that may cost $1 trillion annually starting … Read more

| Post

UBS says investors should prefer green bonds over regular debt

By David Caleb Mutua, Bloomberg Highlights According to UBS Global Wealth’s head of credit, Thomas Wacker, sustainable bonds are a “defensive opportunity” that credit investors should favor over non-green, investment-grade corporate notes The fossil fuel industry has no presence in the green bond market and are feeling the impacts of the turning economy due to … Read more