A shocking report by PRI reveals that the financial market is very likely to incur in a new mortgage default crisis because of the climate change. In fact, the short sightedness of policy makers regarding climate change is increasing the likelihood of a market crisis. For...
Climate change, Oil and Gas / 24.09.2019
Oil CEOs push carbon-capture efforts ahead of climate talks
A group of 13 companies known as Oil and Gas Climate Initiative (OGCI) spoke out on Monday about the progresses they made in promoting investments in carbon capture, use and storage (CCUS). OGCI said it is ready to make investments. These, though, relies heavily on technology in order...
Japanese companies have set up a consortium on September 16, 2019 to help improving the reporting of financial impacts of climate-related risks in order to enhance green investments and face climate change issues. 172 Japanese companies (including Mazda Motor, Nomura and Sony) are now supporting...
In order to cut extreme poverty and help farmers in facing the growing effects of climate change we do need to work urgently on agricultural productivity, according to research published by the World Bank on September 16, 2019. Effects of climate change are tangible in agriculture and...
Yale program on climate change communication latest report reveals that seven in ten Americans think global warming is happening. But data show that three out of ten say "it is due mostly to natural changes in the environment", showing a widespread scepticism on the subject. Another survey by...
Not only Amazonia: large parts of Earth are burning, and the problem might be bigger than it appears. Journalists have focused on the enormous devastation that is occurring in Amazonia this year: in comparison to last year, the number of fires in the region has enormously...
Climate change, Oil and Gas / 04.08.2019
Renewable energy is good money, not just good for the earth
As the Financial Times points out in the article dated August 4, 2019, climate change is not anymore just a mere ethical issue concerning our planet health, but also as the call for socially responsible investments. "Rise of electric vehicles makes solar and wind better long-term investments than...
A report from Institute for Energy Economics and Financial Analysis (IEEFA) found out recently that BlackRock lost $6.5tn by betting on oil companies and missing out growth in clean energy investment. According to the IEFA report, BlackRock ignored “the serious financial risk of investing in fossil fuel and...
The University of Edinburgh is dumping all its fossil fuel investments, making it the largest UK university endowment fund to be completely free of all coal, oil and gas holdings. Following this decision, the University of Edinburgh will sell its final £6.3m of fossil fuel...
Climate change, Publications / 28.02.2017
“Today update on Climate Change”, Ned Community Nr.30, February 2017
The article “Today situation” by Daniela Carosio, SVI Senior Partner, was published in the Ned Community online review Nr. 30 as of February 2017. February 2017 represents a crucial period in Italy. Climate imbalances are making the human and economic costs deriving from disasters such as Rigopiano avalanche very...