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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A recently published paper by the Stockholm International Peace Research Institute (SIPRI) has focused on the under-researched topic of how climate change impacts may affect violence in South and Southeast Asia. Titled “Climate change and violent conflict: Sparse evidence from South Asia and South East Asia”, the report highlights how little work has been done in looking at climate change and its possible impact on security in the most densely populated regions on the planet.
Every day humanitarian aid workers help millions of people around the world, regardless of who they are and where they are. With expert knowledge and support, humanitarian workers are well placed to create a better environment for the people that they serve as well as for themselves.
The pro-coal position of Poland’s energy ministry has thrown sand into the country’s climate diplomacy as COP24 president-designate Michał Kurtyka intensifies his diplomatic tour ahead of the United Nation’s annual climate meeting later this year in Katowice.
As governments take stock of the adequacy of the Paris Agreement, willingness to raise the level of ambition will depend significantly on confidence that a variety of promises are being kept. Many of these relate to fundamental commitments around international solidarity. A solidarity of which we are in sore need today, on far too many fronts.