Environmental

Investors to call on ERSB to investigate carbon asset risk

A group of investors, academics and politicians is drafting a letter to send to the European Systemic Risk Board (ESRB), urging the newly formed board to investigate if the European Union's exposure to high carbon investments poses a systemic financial risk and how to manage the "potential threat" to economic security.

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Read more: carbon,  European Union,  Climate Change Capital,  Aviva Investors,  Bank of England,  Ben Caldecott,  CAC 40,  Carbon Disclosure Project,  carbon exposure,  European Systemic Risk Board. ERSB,  FTSE100,  James CAmeron,  Mario Draghi,  Mervyn King,  Paul Abberley,  Zac Goldsmith