Financial instability and the tragedy of the climate horizon

The Ecologist
Oct 5, 2015, 9:52 am137 pts
The finance industry faces a 'wicked' problem, says Mark Carney, Governor of the Bank of England. Climate change creates risks that threaten the financial system to its foundations - but on a timescale beyond the usual horizon for investment decisions. The only way to reduce those risks is to act with unusual…

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