EU watchdog highlights financial risks of leaving carbon transition to the last minute

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EU watchdog highlights financial risks of leaving carbon transition to the last minute

European Systemic Risk Board report calls for better climate disclosure from firms in order to ensure they are prepared if rapid decarbonisation becomes necessary

Regulators should push for fuller disclosure of companies' carbon intensity in order to stress test the scenario where the transition to the low carbon economy comes late and abruptly, Europe's financial...

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