Equity investors: more aware of climate risk?

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Equity investors: more aware of climate risk?

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DPCP9H An oil covered pelican sits in a thick mass of crude oil from the blowout of the BP Oil Deepwater Horizon in the Gulf of Mexico May 8, 2010 in Grand Isle, Louisiana. | Alamy Stock Photo

Economists at the European Central Bank said that stock markets were better than banks at reallocating investment towards greener sectors because of the greater role that equity plays in financing energy efficient sectors.

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