Global investing under water? – Climate change could leave equities exposed

As impending global changes brought about by climate change loom, one issue in particular threatens to cause massive losses to institutional investors – rising sea levels. David Lunsford and Boris Prahl, of MSCI, explore where, despite the efforts of initiatives such as the Paris Agreement on climate change, institutional investors must protect their portfolios from physical climate risk, and why, when it comes to facing up to climate risk, inaction could prove catastrophic