He thinks that the same logic explains attitudes towards the climate crisis. “The benefit of the Paris Agreement is that we set a date — 2050. The curse of the Paris Agreement is that we set a date — 2050.”
As climate change looms large, MSCI’s chairman and CEO Henry Fernandez warns of a “total repricing of assets and reallocation of capital”
The best way to understand the future is by looking back, says MSCI’s chairman and CEO Henry Fernandez. “What is a long time? You look back and say: ‘10 years ago? Oh, that was not a long time ago.’ But then people look at the future. ‘Oh, 10 years from now? That sounds like a hundred years.’”
