Moody’s Buys Climate Data Firm, Signaling New Scrutiny of Climate Risks

Source: Inside Climate News

The New York Times

Moody’s has purchased a controlling stake in a California-based company that measures the physical risks of climate change, including extreme rainfall, hurricanes, heat stress and sea level rise. Myriam Durand of the credit rating agency said the move would help analysts more precisely assess climate-related risks. “You can’t mitigate what you don’t understand,” she said. 

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