Mark Carney, the governor of the Bank of England, has become the latest person to deliver a blunt warning about the risks of climate change to global financial stability. Speaking at Lloyd’s of London, Carney warned that “the catastrophic impacts of climate change will be felt beyond the traditional horizons of most actors – imposing a cost on future generations” and that “climate change will threaten financial resilience and longer-term prosperity.”
His speech came as the Bank of England published a report on the impact of climate change on the British insurance industry, to be presented to the UK government, and sees the governor join a host of economic figureheads warning about the risk of continued reliance on dirty fossil fuels.
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Colombia’s long-standing internal conflict and the country’s contribution to climate change share one common root cause: land concentration. Policies to strengthen access to land and to ensure sustainable land use might therefore hold the key to promoting peacebuilding in Colombia, while simultaneously reducing emissions.
As disasters wreak havoc all over South Asia, health impacts have increasingly emerged as a major concern for communities and governments in the region. It underscores the need for concerted efforts towards building synergies between the Paris Agreement, the Sendai Framework for Disaster Risk Reduction and the 2030 Sustainable Development Agenda, particularly now, in the post-disaster reconstruction phase, to ensure “building back better” and future disaster prevention.
In the Inner Mongolian county of Horinger, Northwestern China, afforestation efforts have transformed a barren, dusty landscape into a pine forest. Planting trees has diminished the sandstorms, boosted biodiversity and improved the environment generally. As the climate emergency worsens, the potential for planted trees to draw carbon out of the atmosphere is being re-examined. What can the world learn from the Chinese experience with afforestation?
Two events in August 2019 underlined the complexity of paving the way to a climate-neutral world: the publishing of the new IPCC report and the Amazon fires. Both events demand that climate diplomats move beyond a narrowed focus on energy in decarbonisation debates.