'New Bretton Woods' required to fix global system and climate: outgoing UN official
The world needs a “new Bretton Woods summit” to realign the worldwide economic climate with climate action, outgoing UN official Rachel Kyte... Read More
Banks will subject $2.9 trillion in assets to climate testing
More than 50 financial institutions representing $2.9 trillion in assets have pledged to unveil the carbon impact of the investments and loans... Read More
India and china demand cash for climate action on eve of UN summit
China and India demanded rich countries provide financial support for them to improve their climate plans, as leaders ready to meet in... Read More
Only one-fifth of climate finance likely to adaptation, finds OECD
Efforts to assist probably the most vulnerable countries deal with the impacts from the climate crisis remain under-funded compared with emissions cuts,... Read More
Poor countries will hold the rich to account on climate finance
Like many climate-vulnerable developing countries, the Philippines prioritises accessibility Green Climate Fund (GCF) because of its climate finance needs. There are also... Read More
Preparations for the climate crisis helps you to save trillions, commission finds
Preparing for that impacts of global warming will pay back the first investment as much as 10 times over, saving trillions of... Read More
European Central Bank should 'gradually eliminate' carbon assets: Lagarde
The European Central Bank should phase out climate-warming investments by preferring green bonds, Christine Lagarde said as she pitched being the bank's... Read More
Natural disaster spike to drive 2023 insurance rate rise
Two many years of higher-than-expected losses from natural catastrophes will probably prompt average reinsurance rate renewal rises as high as 5% in... Read More
Chinese Belt and Road plan 'may result in 2.7C warming'
China’s multi-trillion dollar global investment plans could blow the 2C warming limit set through the Paris Agreement without curbs on pollution, new... Read More
