'Inaction is a far costlier choice': How 3C of climate warming could cost global economy $178tr
While unchecked global warming could knock 7.6 per cent off GDP, net zero could boost global GDP by 3.8 per cent, according to Deloitte Climate change could cost the global economy $178tr over the next 50 years if left unchecked, amounting to a 7.6 per cent cut in GDP in the year 2070 alone, according to a... go to Article >
Feeling stressed? Bank of England warns climate risks to become 'persistent drag' on profitability
A top HSBC executive may have downplayed the threat posed by climate risks, but the Bank of England's new stress test exercise suggests financial firms' profits would be hit The timing may be entirely coincidental, but it... read more
'Economically and environmentally illiterate': The green economy reacts to the Energy Security Strategy
BusinessGreen rounds up the leading reaction to the government's plan for shoring up British energy independence in the wake of Russia's invasion of Ukraine After weeks of speculation, the government is set to publish its... read more
Cultural change can deliver huge climate benefits: Here's what the IPCC recommends
The world’s top climate scientists have delivered a wealth of suggestions for driving lifestyle and behaviour change in support of the net zero transition - here are the key takeaways The breadth of climate solutions... read more
'Economically and environmentally illiterate': The green economy reacts to the Energy Security Strategy
BusinessGreen rounds up all the reaction to the government's plan for shoring up British energy independence in the wake of Russia's invasion of Ukraine After weeks of speculation, the government is set to later today... read more
'Scary numbers': As climate losses mount, how should insurers contend with the existential threat facing the industry?
Property insurers already count the mounting costs of climate damage in the hundreds of billions, and must take a more active role in combatting the risks, an industry-backed report argues Few industries are more exposed to... read more
Greener, happier, more productive: Can net zero deliver the productivity boost the UK sorely needs?
The relationship between net zero policy and productivity is sometimes complex, but with the right policy planning the latter can help drive the former, fresh analysis argues Sluggish productivity has long been a thorn in... read more
Global Briefing: China reports record surge in offshore wind capacity
Climate stress tests, EV factory developments, and all the big green business news from around the world this week China delivers record 17GW of offshore wind capacity in a single year The Chinese government has this week... read more
'An atlas of human suffering': Top figures react to IPPC's latest climate warning
Business leaders, economists, politicians, climate experts, green groups and more react to yet another dire warning from climate scientists Thousands of world's leading climate scientists, after over three years of work,... read more
'It is now or never': IPCC concludes the world has the tools and funding to halve emissions by 2030
Governments approve landmark report that warns window for action is fast closing to avoid catastrophic climate change, but affordable technologies exist across every sector to slash emissions this decade The world already... read more
'Grave and mounting threat': IPCC again raises alarm that climate impacts are proving worse than feared
World’s top scientists have sounded alarm over intensifying impacts of climate change, warning that nature protection must be at the heart of efforts to tackle the problem The world faces unavoidable and worsening... read more
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