Food investors warned against future climate losses worth US$38tn
This is the second time in two weeks that food investors are being warned about upcoming losses related to climate change.
Investors in the food industry could suffer US$38 trillion in losses by 2050 due to climate change-related threats to production, sustainable finance researchers warn.
According to First Sentier MUFG Sustainable Investment Instituteās Climate Risk and Adaptation in Global Food report, the global food system faces significant risks from six key extreme weather events: temperature extremes, heavy precipitation, flooding, droughts, extreme storms and compound events.
