Major Investors Sign Climate Demand Letter of G7 Leaders on Eve of Summit

Major Investors Sign Climate Demand Letter of G7 Leaders on Eve of Summit

Large institutions investors representing more than $41 trillion in assets sent a strongly worded letter pressing the G7 governments to “set more ambitious emission reduction targets, detail “clear” road maps to decarbonize pollution-heavy industries and implement mandatory climate risk disclosure requirements,” CNN reported.

Why This Matters: Money talks.  Investors are increasingly willing to walk away from deals like oil and gas drilling projects in the Arctic or investments in fossil fuel companies that refuse to change their business models.

Continue Reading 492 words
“Climate Intelligence” Captivates Investors

“Climate Intelligence” Captivates Investors

Investors are beginning to take interest in “climate intelligence” start-ups — companies that provide analytics to guide organizations on how to manage and lower risks to their operations and profitability as the climate changes. 

Why this Matters: Climate change is creating increased financial risks — extreme weather events and sea-level rise threaten industries from real estate and construction to travel.

Continue Reading 444 words
Climate Smart Credit Ratings Would Cause Many Countries to be Downgraded by 2030

Climate Smart Credit Ratings Would Cause Many Countries to be Downgraded by 2030

A group of economists from Cambridge University using artificial intelligence to simulate the economic effects of climate change on the credit ratings of 108 countries over the coming decades, found that unless we reign in carbon emissions, 63 nations could have their credit downgraded by over a notch by 2030. 

Why This Matters:  This is why global climate action matters to all countries — even rich ones will have a hard time servicing their debts from the rising climate costs

Continue Reading 452 words
Kerry Is Humble and Pledges Ambition In First International Appearance

Kerry Is Humble and Pledges Ambition In First International Appearance

"We intend to make good on our Climate Finance Pledge. There is simply no adapting to a 4 degree warmer world except for the most privileged. We are coming back with humility and will work with multilateral institutions."– John Kerry @ClimateEnvoy #AdaptationSummit pic.twitter.com/BqT0LDo13H — CASsummit2021 (@CASsummit2021) January 25, 2021 Appearing virtually at the United Nations […]

Continue Reading 401 words
Dems Slam DoD Report on Climate Risks to U.S. National Security

Dems Slam DoD Report on Climate Risks to U.S. National Security

The government last Friday made public another report warning of the dangers that climate change poses to our nation — this one details the risks to our national security as a result of more than two-thirds of our military installations being at increased risk in the next 20 years of flooding, drought and fire damage related to climate. 

Continue Reading 452 words
Environmental Risks Take Top Three Spots

Environmental Risks Take Top Three Spots

Environmental risks — extreme weather, failure of climate change mitigation and adaptation, and natural disasters — are the top three most likely risks according to the 2019 survey of 1,000 experts from government, business, academia, and non-governmental organizations.  The survey’s release at the outset of the annual World Economic Forum meeting in Davos, Switzerland, contained a jarring assessment of these risks, saying that “the world is most clearly sleepwalking into catastrophe.” 

Continue Reading 342 words

Want the planet in your inbox?

Subscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.