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Climate change will wipe $2.5tn off global financial assets: study

Losses could soar to $24tn and wreck the global economy in worst case scenario, first economic modelling estimate suggests The economic impact of climate change could play havoc with the world economy, according to an LSE study. Photograph: Carlo Allegri/Reuters Climate Change could cut the value of the world’s financial assets by $2.5tn

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What the Paris Agreement means for the private sector

The Paris climate-change agreement endorses the low-carbon approach to doing business. More companies now need to embrace the new disclosure regime and set goals to help to meet the new climate targets, argues Paul Simpson, chief executive officer of the international not-for-profit CDP. When it comes to climate change, there are

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