Former fresh York City mayor charged with helping companies gauge exposure to global warming costsMichael Bloomberg,the former fresh York City mayor, is to head a fresh global taskforce aimed at highlighting the financial exposure of companies to the risk of climate change.
Investors, and insurers,banks and consumers will be if with more information under plans for a voluntary industry-led code announced by the Financial Stability Board (FSB), the G20 body that monitors and makes recommendations about the financial system, and at the COP21 Paris climate change conference on Friday.
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Source: theguardian.com