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Flying blind on climate change

Why our banks, pension funds and insurance companies need a climate risk flight plan

There aren’t many planes in the sky right now, but those that are have two things in common: they’ve got both a detailed flight plan and guidance from people in control towers who have sightlines across multiple flight paths and a laser focus on getting everyone safely to their destinations.

In the same way, our banks, pension funds and insurance companies need detailed plans and system-level guidance with respect to their responses to the climate crisis. We need to ensure that sufficient capital is flowing toward vital climate solutions, enabling the pace and scope of the retooling required of our energy, industrial and built environments.

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