Britain is at a crossroads as it prepares to leave the European Union’s trading regime at the end of the year. UK Chancellor Sunak has made a major announcement on green finance, setting out his post-Brexit vision for the city of London as a green...
Biden’s victory has brought hope among world leaders for resetting climate change at the core of the US policy agenda. However, the newly elected president still faces the prospect of a Republican-controlled Senate that has criticized his plan to move the country to net-zero greenhouse...
On November 4th, a day after Election day, the US has officially withdrawn from the Paris Climate Agreement, as promised by President Trump since the beginning of its mandate. This act comes after the Trump administration has rolled back nearly 100 environmental commitments and regulations...
Coal mines, oilfields and gas reserves are increasingly losing their value as tighter regulations aimed at tackling climate change already are and will continue to be put in place. Due to this, oil and gas companies are expected to write-off at least half of the...
The new more ambitious GHG emissions reduction target of 60% by 2030 voted by the EU Parliament is a clear signal that Europe wants to remark its virtuous leadership in the green transition and together with implementing the taxonomy and the Action Plan on sustainable...
More and more companies, cities, regions, countries are committing to becoming carbon neutral, i.e. to balance out the sum of all greenhouse gases put into and taken out of the atmosphere. More companies than ever committed to ambitious climate action at the Climate Week in...
The European Commission has published the new 2030 Climate Target Plan, proposing to raise to 55% the cut in GHG emissions by 2030. This more ambitious target for the next decade will put the EU on the right path to reach its goal of climate neutrality by...
Investors fear that firms’ financial statements do not represent the real long-term outlook for many businesses as only a minority of them accurately incorporate climate change risks. The oil and gas company BP has cut $17.5 billion off the value of its assets, reflecting the material...
Bolsonaro has imposed a ban on forest fires during the dry season and arranged military operations against deforestation practices. This decree comes after pressure from financial investors, international companies and foreign governments on the need to improve Brazil’s environmental commitment and to stop deforestation, a practice that is...
The recent oil price shock has deeply affected corporations such as Chevron and Exxon Mobil, but also the long-term trend in oil demand seems to pose risks. As the sector is evolving, activist investors are becoming increasingly vocal with respect to environmental matters and are leading change in...
Biodiversity depletion is an environmental disaster deteriorating faster than climate change. Environmental risks will adversely affect the macroeconomic performance of various sectors and financial markets. Moving sustainable finance into mainstream practices is key. Evidence shows that nature-based solutions can be readily turned into cash flows and in the...
Since he became president, Trump has dismantled 100 environmental rules. A drastic accelerator to this law reformation has been put in place during the COVID19 pandemic [caption id="attachment_2625" align="aligncenter" width="892"] Credits: AP Photo/Evan Vucci[/caption] Since the beginning of his mandate as president of the United States, Trump has...
Policymakers and experts share their thoughts on the post Covid-19 future The age-old adage that prevention is better than cure is completely at odds with the issues we will face tomorrow. In fact, the adage leaves room for a deadlock which we can no longer afford,...
Populism and the challenges of a just transition to mitigate climate change. The language of politics is not straightforward, this is why politicians aim at oversimplifying it and making it appealing for voters. This approach to politics leads to a misrepresentation and a misinterpretation of key concepts...