GRACELIN BASKARAN: Financing resilience now will yield high returns for decades
Become climate friendly right away or say goodbye to affordable and accessible borrowing
At a time when interest rates are already high, there’s some scary writing on the wall that we dare not miss.
The relationship between climate risk and the cost of capital is becoming glaringly evident at sovereign and firm levels. There’s a decision to be made: become climate friendly or say goodbye to affordable (and accessible) borrowing. ..
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