Why BlackRock’s Larry Fink warns climate change is on the edge of reshaping finance

Market Watch

January 14, 2020
Sustainable investments that take into account climate change will deliver better returns, says BlackRock founder Larry Fink in his annual letter to chief executives.

The boss of the world’s largest fund manager warned: “In the near future—and sooner than most anticipate—there will be a significant reallocation of capital.”

“I believe we are on the edge of a fundamental reshaping of finance.”

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