Saving the planet involves more than just reducing carbon emissions — it also means protecting nature.
in biodiversity isn't just morally unacceptable when species go extinct; it also threatens corporate profits and future growth.More than half of the world's economic output — $44 trillion — is moderately or highly dependent on nature, per the Taskforce on Nature-related Financial Disclosures.If neoliberalism was the unofficial religion of Davos during its late-1990s Clinton-Bono-Gates heyday, then climate awareness is the replacement religion today.
The batteries that will power our electric future, for instance, need enormous quantities of minerals, mined in ways that are often environmentally very destructive.Data companies including Refinitiv and S&P are working on putting together ways to measure and quantify corporate attempts to improve biodiversity. At that point, investors will be able to overweight those companies' shares, and buy green bonds that fund those goals.
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