‘No place to hide’: Central banks ramp up scrutiny of climate risk

Read the full story from Politico.

As shareholders celebrate long-fought climate wins at some of the world’s largest corporations, a potentially more powerful financial movement is under way that could shift trillions of dollars in capital.

The role of greenhouse gas emissions in debt markets is on the verge of exploding as central banks write climate risk into bank oversight and rethink their own bond portfolios.

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