Bond investors risk climate-change hit to economic growth

While the Nordic countries face relatively small hits to their gross domestic products, the worst-case climate scenario would have some countries lose up to 31 percent of their per-capita GDP by 2050, concludes index provider in a new analysis.
As global average temperature are projected to raise, the risk of server and more frequent flooding event increases too. | Photo: Casper Dalhoff/IND
As global average temperature are projected to raise, the risk of server and more frequent flooding event increases too. | Photo: Casper Dalhoff/IND
By Greg Ritchie / BLOOMBERG

Bond buyers need to start factoring global warming into investment decisions as countries with the highest risk to climate change could see more than a fifth of their economic output wiped out by 2050, according to an analysis by index provider FTSE Russell.

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