馃攳
Climate Change: Financial Risks and Opportunities | Imperial College Business School on edX - YouTube
Channel: edX
[2]
our world is changing
[7]
extreme heat all over the continent
[9]
matched by sudden deluges of rain
[12]
this is climate change happening on a
[13]
daily basis
[15]
what does that mean for investors you
[17]
will have regulation risk on some
[19]
companies you will have business risk on
[21]
some companies that will not be able to
[23]
adapt in this country they've gotten
[25]
days this year without producing
[27]
electricity from any coal-fired power
[29]
station
[30]
eight of them sitting there idle ready
[32]
to produce but nobody wants the power
[36]
we are more than ever at risk of extreme
[39]
weather
[41]
our planet is getting hotter so it's us
[45]
burning fossil fuels that's producing
[47]
this so
[48]
we're going to find solutions
[51]
we're not sitting around waiting for new
[53]
policies to be announced and neither
[56]
should you
[58]
the picture doesn't have to be bleak
[61]
there's an enormous amount of work going
[62]
on in academia in industry in order to
[65]
provide the tools and analytics to break
[67]
these things into things that we can
[69]
understand things that we can put dollar
[71]
signs to and close that gap of
[73]
information which allows capital to be
[76]
allocated more efficiently
[81]
it's always been framed as something we
[83]
should do
[85]
take care of the planet for future
[87]
generations
[88]
[Music]
[93]
but can we make money from climate-ready
[96]
investment now even in the united states
[98]
large-scale wind and solar is competing
[100]
at half of the rate that conventional
[103]
power generation is trading at and
[105]
new build gas new built coal can't even
[107]
get close to competing to the rates that
[109]
we're seeing the cost is lower now for
[112]
renewable energy new renewable energy
[114]
than fossil fuel so
[116]
why wouldn't that be a global trend it's
[118]
driven by the fundamental economics
[121]
climate change is one of the biggest
[123]
macro trends facing investors this
[126]
century
[127]
it's moving to a tradable investment
[130]
idea
[131]
and this course with dr charles donovan
[133]
is your chance to get up to speed
[136]
your time is precious so why are you
[138]
going to do this course
[140]
well there's three things really we've
[142]
got a great opportunity to spend some
[143]
time with some very senior folks in the
[144]
finance industry who are going to tell
[146]
us about how their businesses are being
[148]
changed taking into account climate risk
[150]
in your investment philosophy and
[152]
decadent will at on the long term bring
[156]
superior return than just ignoring it
[159]
we've now got this carbon dioxide in
[161]
here
[163]
you'll learn a bit about the science and
[166]
what you will see is that the
[167]
temperature of the bottle with carbon
[169]
dioxide reaches a higher equilibrium
[171]
temperature of the one with with air in
[173]
it and the reason for doing this is
[174]
that's what's going on in our atmosphere
[177]
we're going to be talking about physical
[179]
risks and these are the manifestations
[181]
of climate change like rising sea levels
[183]
ocean acidification and extreme weather
[186]
you'll look at what these risks mean for
[188]
how we get around where we go on holiday
[191]
and even what we eat and how that's
[194]
going to affect the businesses focused
[196]
on these things and the businesses that
[198]
supply them and of course ultimately
[201]
what we're really talking about is the
[203]
value of these companies
[206]
we're not here to tell you what you
[207]
should believe about these issues
[209]
it's about presenting the facts and
[211]
letting you decide
[215]
consider this one fact
[217]
every five weeks 9
[220]
500 brand new electric buses take to the
[223]
road in china
[225]
9500 buses is the equivalent of the
[228]
entire london bus fleet
[230]
something big is happening and there
[233]
will be winners and there will be
[238]
this is a scene losers common in london
[241]
in many cities around the world
[243]
and if this gains hold not just for
[245]
delivery vehicles but the cars that you
[247]
and i drive
[248]
well something truly disruptive is going
[250]
to happen cause god's got the key and
[252]
you can't
[255]
this could be the biggest investment
[257]
opportunity ever and it's only just
[260]
beginning we said we would facilitate
[263]
100 billion of new capital in
[264]
sustainable finance by 2025
[268]
we will reduce our exposure to thermal
[270]
coal
[271]
we are moving to 100 renewables from an
[274]
operational perspective and the journey
[276]
hasn't even started we will be building
[279]
wind and solar in the developing world
[280]
for decades to come it's not just about
[282]
risk it's about building and growing and
[285]
creating opportunities this doesn't have
[287]
to be a sad story
[289]
let's get going it's gone
[291]
it's gone
[293]
we won't tell you what to think about
[294]
climate risk but we will teach you how
[297]
to be part of the investment solutions
[301]
[Music]
Most Recent Videos:
You can go back to the homepage right here: Homepage