Forget banks: Investors should be worrying about the climate

The reports issued by the U.N.’s Intergovernmental Panel on Climate Change are usually grim affairs. But even by that standard, last week’s seemed particularly bleak.
The upshot is that the world has already warmed by 1.1 degrees Celsius, and we’re on track to hit 1.5 degrees Celsius — the “safe” limit set by the Paris Agreement — in the early 2030s. So unless we make drastic changes, the world will blow past the amount of warming deemed safe, just 10 years from now.
There’s a good chance that by the time 30- and 40-year-olds hit retirement, the world will be shitting the bed. The hurricanes,

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