Companies delay climate policy action at their peril

    Failure to take immediate action on the proposals set out in the Paris Agreement on climate change could cost approximately $1.2 trillion over the next 15 years in policy risk costs. Oliver Marchand, co-founder of Carbon Delta and executive director of MSCI, explores the potential impact of a delayed regulatory response to climate change on a number of sectors, and compares the risks of ‘dirty’ technologies – such as coal and oil – with the revenue opportunities of green technologies