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The High Cost of Climate Inaction

3BL Media

For decades, scientists have studied the risks of increasing greenhouse gas (GHG) emissions on the earth’s climate. The signals of early-stage climate change are becoming unmistakably visible. As the recent Intergovernmental Panel on Climate Change (IPCC) report on climate adaptation stated: “Global warming, reaching 1.5°C

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Beware the Green Swan

Chris Hall

Breaking with tradition Finance Watch’s latest report , released this week, underscores the stark reality of rising climate risks and calls for economic models that do not mislead, scenario analyses that prepare the market, and a new prudential tool to address the build-up of systemic climate risk.

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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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AB: ESG in Action - The Human Touch in Interpreting Climate Scenario Analysis

3BL Media

DESCRIPTION: ESG in Action As climate change intensifies, so do the physical and transition risks to industries and companies. But how do investors quantify those changes? Historically, they’ve measured a portfolio’s climate impact based on its carbon footprint or weighted average carbon intensity. By Sara Rosner.

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IGCC Devises Climate Resilience Strategy

Chris Hall

Adaptation themes will be incorporated into the network’s workstreams over the next two years. To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy.

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CAFA to Catapult Canada to Climate Leader

Chris Hall

Wildfires and weak ambition The bill is progressing against a backdrop of increasing evidence of the physical risks of climate change in Canada. Thousands of people have been evacuated, with millions more exposed to air pollution caused by wildfires across the country.

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