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Deutsche Welle: Climate change could pummel stocks: study

Global investment portfolios could see losses of up to 45% if no action is taken to tackle climate change, according to a new report at the University of Cambridge. Scott Kelly, research associate at the Centre for Risk Studies at Cambridge Judge Business School, and one of the authors of the report, said: “Our key messages are that the risk of climate change are real and that the investment community needs to take these risks into consideration.”

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