Carbon Tracker: Financial firms' 'flawed' climate models putting millions of pensions at risk

Think tank warns financial institutions relying on economic research that ignores critical scientific evidence

clock • 4 min read
Carbon Tracker: Financial firms' 'flawed' climate models putting millions of pensions at risk

The retirement savings of millions of people could be at risk because pension funds continue to rely on "flawed" climate economics, a new report has warned.

Published by influential think tank Carbon Tracker, the report warns that financial institutions, banks, regulators, and governments are all underestimating the dangers and economic damages threate...

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