Yale Insights 
full story: https://insights.som.yale.edu/insights/researchers-propose-new-method-to-hedge-against-the-risk-of-climate-disaster
STEFANO GIGLIO, BRYAN T. KELLY
Financial markets are supposed to price risk. But there aren’t many financial tools for managing perhaps the biggest risk facing the world: climate change. Finance scholars at Yale SOM and NYU have put forth a proposal to help markets make a difference in combating climate change.
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