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Professor Etzion highlights downside of catastrophe bonds
![](https://www.mcgill.ca/desautels/files/desautels/styles/fullwidth_breakpoints_theme_moriarty_small_1x/public/dror-etzion-400-2.jpg?itok=OIdP9M6a×tamp=1479315984)
New research by Professor Dror Etzion highlights the systematic limitations of catastrophe bonds; rather than effectively tackling sustainability issues, they are simply putting more money into investors’ pockets.
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