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climate change

ECB should think green when picking assets: policymakers
Business & Finance

ECB should think green when picking assets: policymakers

  • ECB Board member Fabio Panetta and Weidmann called for taking climate-related risk into account when conducting monetary policy.
  • By performing its own analysis of these risks on the basis of rigorous methodologies, the ECB can contribute to the accurate valuation of ... climate-related risks.
Published 25 Jan, 2021 09:19pm
US ‘proud to be back’ in climate fight, Kerry tells leaders
World

US ‘proud to be back’ in climate fight, Kerry tells leaders

  • We're proud to be back. We come back with humility for the absence over the last four years and we will do everything in our power to make up for it.
  • Since I'm the first to take the floor after John Kerry, a warm welcome to the US back in the Paris Agreement," said IMF MD Kristalina Georgieva.
Published 25 Jan, 2021 08:14pm
Pakistan 5th most vulnerable country to climate change: Report
Pakistan

Pakistan 5th most vulnerable country to climate change: Report

  • Pakistan has been ranked as the fifth-most vulnerable country to climate change, according to the Global Climate Risk Index.
  • The Global Climate Risk Index, published by Germanwatch, elaborated that Pakistan lost 9,989 lives, suffered economic losses worth $3.8 billion and witnessed 152 extreme weather events from 1999 to 2018, which indicates an increase in climate-related vulnerabilities.
Updated 25 Jan, 2021 07:09pm
World welcomes U.S. return to Paris climate accord, readies wish-list for Biden
World

World welcomes U.S. return to Paris climate accord, readies wish-list for Biden

  • U.N. Secretary General Antonio Guterres welcomed the U.S. return to the Paris accord but added: “There is a very long way to go. The climate crisis continues to worsen and time is running out to limit temperature rise to 1.5 degrees Celsius and build more climate-resilient societies that help to protect the most vulnerable.”
Published 21 Jan, 2021 11:03am
Declare states of 'climate emergency,' U.N. chief tells world leaders
World

Declare states of 'climate emergency,' U.N. chief tells world leaders

  • World leaders should declare states of “climate emergency” in their countries to spur action to avoid catastrophic global warming, U.N. Secretary General Antonio Guterres said in opening remarks to a climate summit on Saturday.
  • More than 70 world leaders were due to address the one-day virtual gathering aimed at building momentum for much steeper cuts in planet-warming emissions on the fifth anniversary of the 2015 Paris climate accord.
Published 12 Dec, 2020 08:00pm