Posts Tagged ‘climate action’
Faster Climate Action Can Smooth Out Financial Sector Shocks in Shift Off Carbon
This article was sourced from The Energy Mix and written by Ian Bickis. Canada’s financial sector could be exposed to significant economic shocks from the transition to lower emissions, but faster climate action can smooth out those impacts, according to early scenario modelling from the Bank of Canada and the banking regulator. The pilot study…
Read MoreLeading investors urge governments to end support for fossil fuels
This article written by Jasper Jolly originally appeared in The Guardian on June 10, 2021. Investors controlling $41tn (£29tn) in assets have called for governments around the world to end support for fossil fuels and set targets for rapid reductions in carbon emissions to limit the damage from global heating. The 457 investors, who hold…
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