How to stop your retirement money funding climate change
Zero: The Climate Race
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The Cost of Climate Change
The duty of those managing pension parts is to deliver returns. That's what fiduciary duty counts for. And they often use that excuse to justify investments in all kinds of assets so that the risk is spread, so that the returns are stable. So how do you counter that argument, which continues to be put forward by many pension managers? I think the answer is to say that it is incredibly expensive and dangerous to solve the outcomes of crises.
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