Argentina is one of the few places in the world where China has made considerable investments in renewable energy. It is Argentinians themselves who successfully pushed Chinese players to help rebuild their power grid from the ground up.
Argentina is one of the few places in the world where China has made considerable investments in renewable energy. It is Argentinians themselves who successfully pushed Chinese players to help rebuild their power grid from the ground up.
April 10, 2021
Government and investors are quickly moving to quantify the risks posed by climate change and make that part of their financial decision-making. But many companies remain unsure how to measure the threat of climate change to their business, and whether or how to report those risks to investors and the public.
Financial regulators in the US are grappling with that question now. The Securities and Exchange Commission (SEC) opened a 90-day public comment period in March that will inform the first update to federal climate risk disclosure guidelines in a decade. Shareholder groups and asset managers like BlackRock (CEO Larry Fink wrote in February that “climate risk is investment risk”) are pressuring boardrooms to improve corporate transparency around climate risks. Without better disclosure, corporate managers have little incentive to avoid plowing capital into assets and supply chains that could collapse after natural disasters and dump massive costs on insurers,