In periodic assessment reports of the UN’s Intergovernmental Panel on Climate Change (IPCC) – the next of which is due to be published next year – key findings are displayed in an array of charts, maps and other graphics. These figures are intended to help readers understand often complicated topics. But do decision-makers correctly interpret them? And do decision-makers know which graphics they do or do not understand?
As seas rise and coastal storms intensify, policymakers and low-lying cities around the globe are increasingly wrestling with the reality of needing to relocate entire communities to higher, safer ground. Scientists estimate that up to 340 million people in coastal areas could be displaced by 2050, and 630 million by 2100, in locations from the United States to Nigeria to the Philippines.
The White House has removed the scientist responsible for the National Climate Assessment, the federal government’s premier contribution to climate knowledge and the foundation for regulations to combat global warming, in what critics interpreted as the latest sign that the Trump administration intends to use its remaining months in office to continue impeding climate science and policy.
There are prudential and financial stability risks associated with climate change and the transition to a sustainable economy which must be prioritized – something at the fore of the Central Bank’s approach to implementing the Environmental, Social and Governance (ESG) regulatory framework.
As it tackles the economic recovery, the B.C. government can address the urgent and emerging health and employment needs of British Columbians — while growing the clean economy and making progress on our climate commitments.
If elected, Joe Biden and his allies are preparing to pass climate change legislation, piece by piece — knowing full well that the candidate’s $2 trillion plan would be a tough sell. While highly unlikely to pass in its entirety, a President Biden could have real impact: solar panels and wind turbines spread across the country’s mountains and prairies, electric charging stations nearly as ubiquitous as gas stations and a gradual decrease in the nation’s planet-warming greenhouse pollution.
The Investment Association (IA), which represents 250 members with £8.5tn in assets, is calling on the Financial Conduct Authority to make TCFD reporting mandatory for all 480 premium-listed FTSE companies. While the number of FTSE 100 companies claiming they have implemented the Task Force on Climate-related Financial Disclosures (TCFD) framework has more than doubled in the past year, to 77, the IA said just 53% had published reports covering all four of the key categories – climate governance, strategy, risk management, and metrics and targets.