Climate change could threaten entire financial system, APRA warns Climate change could threaten the stability of the entire financial system, the prudential regulator has warned, as it prepares to apply climate change “stress tests” to the nation’s financial institutions. In its first major speech on climate change, the Australian Prudential Regulation Authority chastised companies for a lack of action on ... Read More »
Tag Archives: climate action
Accepting the Reality of Climate Change Is Good for Business
Accepting the Reality of Climate Change Is Good for Business The climate cause has lost an ally in the White House, but the private sector has ensured that the clean technology revolution is here to stay Yes, climate change is an existential threat—one that keeps me up at night. But talking of fire and brimstone only inflames those who either ... Read More »
Global climate talks move to Marrakesh: Here’s what they need to achieve
Global climate talks move to Marrakesh: Here’s what they need to achieve Even though evidence on an ever-worsening global climate keeps pouring in with alarming frequency, the last 12 months have, in fact, been a relatively good year for global climate policy. Next week, the world’s countries meet in Marrakesh, Morocco, to follow up on the gains made at Paris ... Read More »
U.N. chief tolls bell for climate change skeptics
U.N. chief tolls bell for climate change skeptics U.N. Secretary-General Ban Ki-moon said on Sunday that climate change scepticism is over, the day after the United States joined China to ratify the Paris agreement to curb climate-warming emissions. Climate change skeptics dispute the widely held understanding that excessive levels of emissions in the atmosphere cause global warming and harm the ... Read More »