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Beware the Green Swan

Chris Hall

Thierry Philipponnat, Chief Economist at Finance Watch, warns that economic modelling must evolve to prompt policymakers to take action on climate. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy. The purpose is to evaluate the impact of climate change on the financial system.

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All Systems go for Net Zero

Chris Hall

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. These were highlighted at last October’s PRI in Person event by Jan Rasmussen, Head of ESG and Sustainability at PensionDanmark. The disruption that weather events will cause to economies and markets at 1.8-1.9°C

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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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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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Now or Never

Chris Hall

Road to COP28 Despite this evolution in climate awareness, the current rate of emissions growth and the uneven attempts to curb it mean that it is increasingly likely that global temperatures will exceed the 1.5°C

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

SATURDAY 13 NOVEMBER – This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . The Glasgow Climate Pact represents a vital step in our shared efforts to keep global warming to 1.5 °C C and implement the Paris Agreement and will be welcomed by the business community.

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Fueling Disinformation: How Big Oil Obstructs Climate Education

Richard Matthews

As reported by Newsweek , an NCSE survey revealed that teachers offer their students very little climate education and when they do, it is often inaccurate (60% of teachers are unaware of the scientific consensus on climate change). A total of 208 educational institutions have divested their assets from fossil fuels.