{"id":32811,"date":"2024-01-26T20:53:03","date_gmt":"2024-01-26T20:53:03","guid":{"rendered":"https:\/\/esgexplainer.org\/?p=32811"},"modified":"2024-01-26T20:53:03","modified_gmt":"2024-01-26T20:53:03","slug":"how-climate-impacts-will-affect-esg-and-financial-risks-in-2024","status":"publish","type":"post","link":"https:\/\/esgexplainer.org\/how-climate-impacts-will-affect-esg-and-financial-risks-in-2024\/","title":{"rendered":"How climate impacts will affect ESG and financial risks in 2024"},"content":{"rendered":"\n
The earth\u2019s hottest year just ended. Now, investors are turning their attention<\/a> to artificial intelligence and ESG as top issues in 2024, a Bernstein survey of 49 global institutional investors focused on environmental, social and governance factors found. \u2013 Barron\u2019s<\/em>, Jan. 9, 2024<\/p>\n\n\n\n Investing in nature<\/a> to address climate change, support biodiversity, and protect ocean health\u2014and more\u2014is expected to reach record levels this year in response to more regulation and market demand, according to Cambridge Associates, a global investment firm. But will it be enough? \u2013 Barron\u2019s<\/em>, Jan. 9, 2024<\/p>\n\n\n\n The U.S. saw record-breaking thunderstorm damage<\/a> in 2023, an analysis by reinsurer Munich Re found, as losses across North America and Europe reached a new height of $76 billion. \u2013 Wall Street Journal<\/em>, Jan. 9, 2024<\/p>\n\n\n\n New research from the Bank of Canada finds a link between extreme temperatures and credit conditions, highlighting how heatwaves lead to financial distress<\/a>. \u2013 Investment Executive<\/em>, Jan. 8, 2024<\/p>\n\n\n\n A $300 million investment<\/a> into the energy transition by a Texas education investor highlights how fiduciaries are finding ways to navigate gaps in rules designed by conservative officials to keep environmental, social and governance<\/a> considerations out of public investment portfolios. \u2013 FT<\/em>, Jan. 7, 2024<\/p>\n\n\n\n