73: Turning climate risk into opportunity

Climate change is reshaping the global economy. And we believe it’s not just an investment risk – it’s an investment opportunity. But most ignore the effect of climate change in their economic projections. We think that’s wrong.

On the last episode of a five-part mini-series on our global outlook, Vivek Paul, Senior Investment Strategist for the BlackRock Investment Institute, shares his outlook for sustainability this year. He details BlackRock’s new climate-aware return assumptions, including the dramatic effects on economic growth and sectoral performance, and explains why the sustainability wave is just getting started.

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