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Investors warn of climate crash

Investors warn of climate crash
Sean Gallup/Getty Images. Dignitaries prepare to launch the opening ceremony of the COP 24 United Nations climate change conference on December 03, 2018 in Katowice, Poland

Global investors with $32 trillion (£25.5 trillion) of assets under management this week urged governments to step up their action against climate change, or risk economic impacts at least “three of four times the scale of the 2008 global financial crisis”.

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