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Shubham Kumar
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Environmental outcome as a risk factor
Environment-related risk is a source of financial risk. In 2018, demonstrations such as wildfires in Amazon basin, tropical storms in Asia besides average temperature increase in America and Europe led to $80 billion worth of insured losses. Reportedly, financial markets may experience a quick drop in asset prices (known as Minsky moment) due to climate risks worth of $20 trillion.
04 October 2020, 21:18 IST
Environmental outcome as a risk factor
04 October 2020, 21:18 IST