Climate change

Bankers get a dire warning from Jane Austen’s final book

As climate change advances, failing to prepare one’s business or move with the times can be ruinous

Projected global warming by 2100 is now at 2.6 deg C, lower than the 3.6 deg C forecast in October 2015.

Emissions are still rising. That doesn’t mean we’re failing

The Paris Agreement has put us in a far better position than we would have been without it

Green bonds are often used by companies to raise money for switching to renewable energy or lower-carbon transportation.

Green debt sales hit record levels in 2025 despite climate backlash

Europe has also rolled back some of its toughest environmental rules amid concerns about growth and competitiveness

The public, media, investors, NGOs and communities all want proof of climate action. The world’s major emitters offer a clear example: Shell, BP or ExxonMobil still make broad environmental claims but continue to receive negativity as the public registers only their insufficient action.
THE BROAD VIEW

Turning climate commitments into proof: A leadership imperative

Companies earn trust when they can point to tangible measures of resilience and adaptation

While the 2023 data indicated a downward trend, NCCS cautioned that emissions may fluctuate in the coming years based on economic conditions and the pace of mitigation efforts.

Singapore’s 2023 greenhouse gas emissions fall 5.3% as industrial output declines

Industry and power sectors remain the largest contributors to the nation’s carbon footprint

Before retraction, a Potsdam Institute paper estimated unchecked climate change could cut global output by about 62% this century.

Global central banks to issue new climate scenarios after earlier model controversy

The group including the ECB and PBOC has been pulled into an academic error after a climate study was withdrawn

Coal has been closely tied to the Communist Party’s history and to its efforts to transform China’s economy over the past decades.

China confronts the cost of dismantling the world’s biggest coal sector

Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy transition

A key element of the deal is the EU allowing international carbon credits to account for a greater share of emissions reductions.

EU reaches tentative deal to set 90% emissions cut goal for 2040

The bloc already has two binding targets: net zero emissions in 2050 and a 55% cut by 2030 from 1990 levels

Asia’s fleet of 2,000 coal plants is also decades younger than that of Europe and the US, and retiring it early requires financial support to end power-purchase agreements.

Tactics to dump coal are failing in Asia as energy demand booms

The region has struggled to wean itself off a fossil fuel that remains a cost-competitive source of stable power thanks to its abundance