Why investors should pay attention to COP26 climate talks - News Summed Up

Why investors should pay attention to COP26 climate talks


Here's just one: Experts are warning that the climate crisis could trigger the next financial meltdown. "The climate crisis is slow in the making, but it's potentially disastrous," Tobias Adrian, a senior International Monetary Fund official, told CNN Business earlier this year, noting that global warming could "absolutely" ignite a financial crisis, too. Still, there's growing concern that investors may not be aware of just how much of a company's balance sheet is sensitive to the climate crisis, sparking a push for greater disclosures. Enter the Federal Reserve, which could be ready to make a move after months of emphasizing it didn't want to jump the gun. Investors are betting that after months of speculation, the Federal Reserve will start rolling back bond buying aimed at helping the economy during the pandemic.


Source: CNN October 31, 2021 22:57 UTC



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