Opinion
The push to finance climate change has introduced a whole new host of asset class definitions, and natural capital is one of the most promising.
I suppose it makes sense that a legacy is only really thought about postmortem, when friends and contemporaries mull over how you’ll be remembered.
By definition, it is the enduring impact of past actions and events. Planting seeds in a garden you’ll never get to see.
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Original URL: https://www.afr.com/markets/debt-markets/how-natural-capital-stacks-up-to-modern-portfolio-theory-20230721-p5dqbf
