NZ biggest firms will soon have to disclose their climate risk – but will it really curb climate change?
- Written by Ilan Noy, Chair in the Economics of Disasters and Climate Change, Te Herenga Waka — Victoria University of Wellington

Climate change has many catastrophic consequences, including droughts, floods, wildfires, heat waves, rising sea levels and biodiversity loss. These all have adverse implications for social cohesion, economic development and financial stability.
Regrettably, the goals of advancing a better environment and a flourishing economy...