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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

Creon Butler, Director, Global Economy and Finance Programme at think tank Chatham House, made a similar warning of a “probable sharp adjustment” this month , saying that “financial markets did not yet reflect climate risk” despite the clear severe economic and financial consequences of climate change.

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Beware the Green Swan

Chris Hall

“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our global economy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate.

Net Zero 147
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ESG Explainer: The Blue Economy

Chris Hall

With the global economy heavily reliant on ocean health, a sustainable future is paramount. Changes in the ocean drive weather systems that influence both land and marine ecosystems. The Sustainable Blue Economy Finance Principles are UNEP FI’s ‘foundational keystone’ to invest in the ocean economy.

UNEP 98
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No Quick Fix to Europe’s Gas Dependency

Chris Hall

Even Germany’s decision to permanently shelve Nord Stream 2 , the partial ejection of Russian banks from Swift , and oil and gas majors exiting equity partnerships with Russian companies in recent days have been ignored by the former intelligence officer. Economic sanctions have so far failed to shake President Vladimir Putin’s resolve.

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

Preparing for the storm: The role of UK business and government in improving UK resilience to climate change in the UK’ explores how leading UK businesses are already increasing community resilience through climate adaptation strategies and action. billion climate finance already promised by Biden each year, by 2024.

COP26 88