Climate change could cut asset values by more than half
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The costs of acting sooner are much lower than those of delaying action, Willis Towers Watson found.
The financial fallout of climate change could cut the value of existing assets anywhere from 15% to 60%, depending on the extent of global warming.
And in short, the financial services industry is failing to do nearly enough, despite a dramatic rise in net-zero pledges.
That is according to a
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