Published: 9:09am, 11 Nov, 2015 Updated: 2:54pm, 20 Jul, 2018
"Climate change" is gaining global momentum as policy initiative, a key risk and a growing investment theme, according to Blackrock Investment Institute´s recent report. The report titled "Global Climate Change - A Risk & Opportunity Analysis" was released on Tuesday by the London-based asset management firm. The research points out the implications already faced by the insurance industry, and highlights the lack of provisions being made to manage "stranded assets" in the energy sector.