Mark Gongloff

A wildfire burns in Garano, north-western Spain. Nearly four-fifths of the world's land has faced all-time-high temperatures this century.
PERSPECTIVE

A chart climate change deniers can’t ignore

The highest land-surface temperatures have been recorded in recent decades. The world is getting hotter – and fast

An aerial view of properties cleared of wildfire debris in Altadena, California, in January.

Ignoring a US$7 trillion financial disaster won’t make it go away

Climate change is already twice as painful economically as the Great Depression, and the time left to act is running out

Whether you like or believe in them or not, both climate change and the clean-energy transition create risks and opportunities for companies. It’s bad business to ignore them.

ESG is in its flop era

Despite a pullback amid political hostility, investors and business leaders still recognise that corporate behaviour that benefits the environment also benefits the bottom line

Hurricane Beryl levelled the island of Carriacou, home to nearly 10,000 people, and shaved about a third from Grenada’s gross domestic product in July.
PERSPECTIVE

More debt is no climate solution for poor nations

Wealthy nations should offer future relief and other financial aid in grants, not loans that add to already heavy debt burdens

The estimated income loss from climate change will be driven mainly by rising temperatures, which will affect agriculture, public health, productivity and more.
THE BOTTOM LINE

Climate change is stunting our economic growth

The good news is we can still avoid even worse outcomes

Practically every company will have to go green eventually, regardless of its name.
WEALTH & INVESTING

Green is the new crypto for corporate rebranding

Companies that gave themselves new names linked to sustainability between 2000 and 2022 enjoyed one-day returns of 15%, on average, according to a study

Nuclear power could be a crucial part of a clean-energy transition, but not if it comes with a high risk

Climate change and nuclear waste are a toxic stew

A hotter atmosphere makes it harder to store contaminated material safely

People at the downtown Riverwalk in Chicago during an unusually warm winter day on Feb 27. The city was then hit with severe thunderstorms that night, bringing hail and reported tornadoes.

Three seasons in 24 hours stump climate change deniers

A freaky February makes it much harder for sceptics to dismiss global warming

The entrance to COP28 at the Expo City in Dubai. Whether the explosion in attendance is a sign that the world is taking climate change more seriously, or just the bloat that naturally accumulates around gatherings of humans who control large pools of political and financial capital remains to be seen.
PERSPECTIVE

Do 70,000 people really need to be at a climate confab?

The expanding crowd risks overshadowing the purpose and turning the meeting into another celebrity-studded gathering of rich people