The head of index provider MSCI says financial markets are failing to price the physical risks of extreme weather, with only 27% of large firms making substantial disclosures and asset losses potentially underestimated by 70% or more.
MSCI chief warns markets are underpricing physical climate risk
The head of index provider MSCI says financial markets are failing to price the physical risks of extreme weather, with only 27% of large firms making substantial disclosures and asset losses potentially underestimated by 70% or more.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.