
Debunking Economics - the podcast
How the finance sector is underestimating the risk on climate
Aug 23, 2023
44:59
Recently Steve was commissioned to write a report for Carbon Tracker, an independent think tank offering in-depth analysis of the impact of climate change and energy transition on the finance industry. Inside “Loading the DICE Against Pensions” he looks at the reasons why pension funds have vastly underestimated the impact of climate change on investments. He talks through the issues with Phil, who asks, even if we know how bad the situation is, how will it change where we put our money?
You can download the full report here: https://carbontracker.org/reports/loading-the-dice-against-pensions/
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