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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President Xi Jinping’s announcement of a post-2030 climate target aligns with global projections for what’s needed to achieve the Paris Agreement goals.
Japan will join the EU in aiming for net-zero emissions by 2050, Prime Minister Yoshihide Suga announced on Monday (26 October).
The best resource for all of our 21st Century Diplomacy: Foreign Policy Is Climate Policy content is the official website, hosted by the Wilson Center and adelphi. But the ECC editors are also collecting the topics here for eager readers.
What exactly triggers food riots? At which point does climate change come in? And what can we learn from analyzing the lack and impotence of government action in conflict areas? In our Editor’s Pick, we share 10 case studies from the interactive ECC Factbook that address the connections between food, the environment and conflict. They show how agriculture and rural livelihoods can affect stability in a country, which parties are involved in food conflicts and what possible solutions are on the table.