Guardian ‘The European Investment Bank has agreed to phase out its multibillion-euro financing for fossil fuels within the next two years to become the world’s first ‘“climate bank”. The bank will end its financing of oil, gas, and coal projects after 2021, a policy that will make the EU’s lending arm the first multilateral lender […]
Climate change threatens ability of insurers to manage risk Extreme weather is driving up uninsured losses and insurers must use investments to fund global warming resilience, says study ClimateWise, a global network of 29 insurance industry organisations which is convened by the University of Cambridge Institute for Sustainability Leadership, has warned of the urgent need […]
Whilst the news of the new Trump team is depressing there is very clear evidence that the global finance and business sector gets climate change and the risk this poses to the global economy. Three very clear signals: The news that Bill Gates and other billionaires are investing in low carbon technologies is a huge […]
This is an important year for the debate on Climate Change leading to the Paris Conference. The exploitation of fossil fuel reserves and dependence of global financial investment in these is a major issue. The awareness around the issues of divestment is growing and the Guardian have recently launched a major campaign which has raised […]