“Had we acted 10 years ago, we would have needed now to reduce every year our emissions by 3.3%, which would be doable. Because we haven’t acted, we now need to reduce our emissions by 7.6%, which is a stretch — a massive stretch.”— Inger Andersen, executive director, UNEP
Damage to environment could wipe £368bn a year from growth by 2050 and UK will be hard hit, WWF warns
Climate-related risks overshadow all other risks – in particular economic risks – undermining cohesive action and creating blind spots. Society needs a new “growth paradigm” that addresses the interconnectedness of socio-economic factors with climate change. Businesses need to adapt their metrics to assess the value of nature.
Representatives from 18 African countries committed to create a new Community of Practice on Natural Capital Accounting (NCA) in Africa.
Forests are climate-negative technology at scale. So investments in tropical forests should be investment-ready, and fund managers able to tap the opportunity should be rolling in capital.
The World Bank and the International Monetary Fund are holding their annual meetings this week, Oct. 14-20, in Washington, D.C. Amid the discussions around jobs, poverty reduction and value chains, one of the talks will center on a seemingly unusual topic for the bankers, economists and finance ministers in attendance: biodiversity.
Earth Overshoot Day falls on earliest-ever date in 2019, as humans use far more natural resources than is sustainable.
Plants, animals and micro-organisms crucial to indirectly upholding the human diet are dying out, study shows