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Climate economics

Substantial risk for financial assets

After the global financial crisis, regulators turned their attention to non-traditional threats to financial assets, including the impacts of climate change. A new study estimates the magnitude of that threat, and shows investors should take it seriously.

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Figure 1: Probability density function of present value losses in US$ trillion.

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Correspondence to Sabine Fuss.

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Fuss, S. Substantial risk for financial assets. Nature Clim Change 6, 659–660 (2016). https://doi.org/10.1038/nclimate2989

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