Climate change could trigger panic in financial markets, FSB report warns

The report comes as the world breached 1.5C of warming above preindustrial levels for the first time.

A new report by global financial watchdog the Financial Stability Board (FSB) has warned that climate-related disasters are putting increasing pressure on the stability of global financial markets. And this means banks and other financial institutions could be forced to reconsider their lending and investment approaches.

The Assessment of Climate-related

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