Concerns about widespread lapses in climate risk reporting found in company accounts

Over 70% of some of world’s biggest corporate emitters failed to disclose the effects of climate risk in 2020 financial statements. 80% of their auditors showed no evidence of assessing climate risk when reporting. The report is discussed in an article on the Carbon Tracker website.   Flying blind: The glaring absence of climate risks … Continue reading Concerns about widespread lapses in climate risk reporting found in company accounts

Governments around the world gave 20% more in overseas aid funding to fossil fuel projects in 2019 and 2020 than to programmes to cut the air pollution they cause

Air pollution kills more than malaria, HIV/Aids and TB combined but receives only 1% of development aid. Damian Carrington discusses how poorly air pollution is addressed in an article on The Guardian website.   More global aid goes to fossil fuel projects than tackling dirty air – study Governments around the world gave 20% more … Continue reading Governments around the world gave 20% more in overseas aid funding to fossil fuel projects in 2019 and 2020 than to programmes to cut the air pollution they cause

Forty years of conflict have left many Afghans on the edge of survival — and highly susceptible to the impacts of climate change

The past 30 years have brought flood, drought and hunger to Afghanistan. With the Taliban sweeping to power, many within and outside of the country wonder how to deal with looming climate disaster. Jennifer Collins discusses the situation in Afghanistan in an article on the Deutsche Welle website.   Amid Taliban takeover, climate change could … Continue reading Forty years of conflict have left many Afghans on the edge of survival — and highly susceptible to the impacts of climate change

At the start of this UN Decade on Ecosystem Restoration, the Sudbury model for industrial restoration is an important recipe to apply to climate change

Sudbury, Ontario was an environmental disaster with its nickel and copper mines and smelters. INCO (now Vale) in Sudbury was the world’s largest nickel producer at one time and was the subject of my master’s thesis. Nadia Mykytczuk, Interim CEO/President of MIRARCO at Laurentian University writes on The Conversation website about the transformation of the … Continue reading At the start of this UN Decade on Ecosystem Restoration, the Sudbury model for industrial restoration is an important recipe to apply to climate change

The challenges for Australia’s industry to reach net zero by 2050

Alison Reeve, Deputy Program Director, Energy and Climate Change at the Grattan Institute explains in an article on The Conversation website the challenges that Australia’s industries face to help the country achieve net-zero emissions. Around 30% of Australia’s emissions come from the industrial sector — from facilities such as coal mines, liquefied natural gas platforms, … Continue reading The challenges for Australia’s industry to reach net zero by 2050

If we want results in addressing climate change, “we may need to go beyond simply demanding action and instead focus on changing the way the global economy is organised and governed”

Nick Bernards, Associate Professor of Global Sustainable Development at the University of Warwick, gives his views on what it will take to get real action to address climate change in an article on The Conversation website.   Climate change: why government failure to act isn’t the problem The recent Intergovernmental Panel on Climate Change (IPCC) report … Continue reading If we want results in addressing climate change, “we may need to go beyond simply demanding action and instead focus on changing the way the global economy is organised and governed”

New UNEP FI report examines how real estate markets respond to physical impacts of climate risk

A new report investigating the extent that real estate markets are pricing in risk from the physical impacts of climate change has been published this week. In line with increasing investor and regulator requests for forward-looking analyses of assets and portfolios, the authors sought to better understand the variables that can feed into financial modelling … Continue reading New UNEP FI report examines how real estate markets respond to physical impacts of climate risk

It clearly remains difficult from a business perspective to eliminate coal worldwide

Michael Tamvakis, Professor of Commodity Economics and Finance, City at the University of London provides a sobering view of the trends in the coal sector in an article on The Conversation website.The revival of world demand for energy hopefully means the world economy is recovering from the pandemic, but the surge in coal prices is … Continue reading It clearly remains difficult from a business perspective to eliminate coal worldwide

“It’s impossible to solve our affordable housing crisis, our climate emergency, and people’s desire for improved quality of life against racism and disinvestment into separate silos.”

Adam Mahoney writes on the National Observer website (although article originally published on Grist) that the main problem driving the so-called “heat-island effect” is tall buildings.  But there are solutions as the author explains.   Tall buildings: A boon for housing, a bane for the climate crisis In the summer of 1995, Chicago experienced one … Continue reading “It’s impossible to solve our affordable housing crisis, our climate emergency, and people’s desire for improved quality of life against racism and disinvestment into separate silos.”

New report on cutting emissions through fossil fuel subsidy reform and taxation

Earlier this month, the latest IPCC report gave its starkest climate warning yet. As United Nations Secretary-General António Guterres said, this must sound a "death knell" for fossil fuels, starting with an end to new production and with shifting fossil fuel subsidies into renewable energy. The dire message comes amidst some reasons for hope. We … Continue reading New report on cutting emissions through fossil fuel subsidy reform and taxation