IMF Urges Stock Investors to Pay More Attention to Climate Risks

摘要

Investors worldwide are underestimating the financial risks from climate change, and companies need to startdisclosing their exposure, according to the International Monetary Fund.As global temperatures rise, severe climate events may impact companies owning assets in areas hit by drought,floods, wildfires and storms, the fund said Friday in the latest chapter released from its Global Financial StabilityReport. At present, asset prices fail to reflect the risk of extreme weather events that may cost $1 trillion annuallystarting in 2050, the IMF said.