31 Mar '14, 9pm

IPCC: How climate change will stunt economic growth

IPCC: How climate change will stunt economic growth

As temperatures warm from climate change, risk to crops, water supplies, biodiversity and oceans multiplies. For the business community and investors, climate change will also hit growth, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC ). The report found that the impacts will be felt by every sector of the economy and are relevant to all investors, financial services and businesses. Decisions made by private sector investors and financial institutions will have a major influence on how society as a whole responds to climate change. "This report is essential reading for businesses everywhere," says Neil Adger from the University of Exeter UK and a chapter author of the IPCC's Fifth Assessment report. "If you want to understand the risks of climate change — to natural resources, to the insurance sector, to agriculture and food — the I...

Full article: http://www.greenbiz.com/blog/2014/03/31/ipcc-climate-chan...

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