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: carbonEuropean UnionClimate Change CapitalAviva InvestorsBank of EnglandBen CaldecottCAC 40Carbon Disclosure Projectcarbon exposureEuropean Systemic Risk Board. ERSBFTSE100James CAmeronMario DraghiMervyn KingPaul AbberleyZac Goldsmith