In a note published on Friday (25 October), the Bank of France noted that the risks associated with climate change are taken into account in a "partial and heterogeneous" manner by France's financial institutions. EURACTIV's partner La Tribune reports.
What is the monetary value of being able to breathe in Beijing or New Delhi without discomfort? Beyond the simple numerical challenges, cost-benefit analysis has an inherent ethical blind spot, writes Kevin Noone.
The European Investment Bank is stepping up its climate adaption projects in developing countries, and that means building roads and infrastructure that can better cope with natural disasters, write Luca Lazzaroli and Léon Faber.
Nations across the globe should step up preparations against global risks such as climate change and cyber attacks, EU officials say, as these areas remain the most pressing for global experts surveyed ahead of this year's World Economic Forum (WEF) taking place in Davos next week.
While the assessment of financial risks caused by climate change – like floods and storms – is becoming more widespread in the financial community, the evaluation of broader environmental risks like deforestation or ocean pollution is still a major blank spot for bankers.
The scientific, economic and social arguments for aggressive action on climate change are powerful. Our political leaders are now at a fork in the road and our children and grandchildren are watching, write Valérie Masson-Delmotte and Jiang Kejun.
There is still no clear picture in Katowice on how to provide a readily available funding mechanism for developing countries affected by extreme weather events.
Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.
Climate change affects developing countries more heavily, with broad impacts on the environment and the economy, insurers say, highlighting the need to act before damage is done.
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.