Investors awaken to the risks of climate change

Poppy Allonby, a senior financial executive and the former managing director of BlackRock, has been analyzing the link between climate change and investing for more than two decades. “For a lot of that, it was quite lonely,” Allonby said during her December address at the MIT Energy Initiative Fall Colloquium. “There weren’t that many other people looking at this field. And over the last three or four years, that’s completely changed.” Increasingly, Allonby said, investors are opening their eyes to the long-term risks of climate change — risks that threaten…

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