Published by Promoting Economic Pluralism
At the COP29 climate summit, nations must decide on a new global goal to replace the existing target of $100bn each year. Delivering this money is widely viewed as important …
COP29: Six key reasons why international climate finance is a ‘wild west’ Read More
As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality. Preparing to better withstand hurricanes, floods, heat waves, …
Multilateral banks are key to financing the fight against global warming. Here is how they work Read More
It’s possible there has never been a worse time for the United Nations to hold negotiations on climate change. Post-pandemic inflation has upended countries around the world, straining public budgets …
Here are the 5 issues to watch at COP29 Read More
Commenting on the vote, Caroline Metz, EU Policy Manager at ShareAction, said: “Insurers’ investments in climate-damaging fossil fuels have officially been recognised as carrying high risks, marking a significant step …
EIOPA confirms fossil fuels as high-risk investments Read More
LONDON, Oct 25 (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, …
Morgan Stanley lowers climate target, warns on sluggish transition Read More
Investment droughts in energy generate conflict and misery in the Global South and fuel a flood of migration while impairing bids for sustainability. Prashant Vaze calls on advanced economies to …
All round sound investments Read More
FRANKFURT, June 25 (Reuters) – The European Central Bank said on Tuesday it plans to set emission reduction targets for its vast corporate bond portfolio and could even sell some …
ECB could take action against firms in bond portfolio in climate fight Read More
“We’ve got ourselves a little monster out there,” anchorman Jim Cantore warned, facing the camera in the Weather Channel’s newsroom on a sultry August weekend in 1992. At first, few in …
US: As climate risks mount, the insurance safety net is collapsing Read More
Australia has announced it will rejoin the United Nations climate fund set up to help poorer countries deal with the challenges of a heating planet ahead of a key donor …
Australia to rejoin Global Climate Fund it abandoned in 2018 Read More
Earth is overheating due to the greenhouse gas emissions from burning fossil fuels. This is “the biggest market failure the world has seen” according to economist Nicholas Stern. The rational behaviour …
Climate change is making debt more expensive – new study Read More