www.bloomberg.com
For years, climate experts argued that market forces would drive companies to address climate risks. New research now confirms this is happening: borrowers ignoring climate change are facing a direct financial penalty. Lenders and investors are increasingly charging higher interest rates and demanding better terms from companies failing to manage climate-related dangers. This shift reflects a growing consensus that climate risk equals financial risk, forcing companies to adapt or pay significantly more for capital. Ignoring sustainability is no longer just an ethical issue; it’s becoming a costly financial liability.
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