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Originally Published in the Bank of England by Governor of Bank of England Mark Carney The catastrophic effects of climate change are already visible around the world. From blistering heatwaves in North America to typhoons in south-east Asia and droughts in Africa and Australia, no country or community is immune. These events damage infrastructure and private property, negatively affect health, decrease productivity and destroy wealth. And they are extremely costly: insured losses have risen five-fold…

Originally published on the World Economic Forum by Douglas Broom There are some rankings no nation wants to lead. Yemen has just been named most fragile nation in the Fund For Peace’s 2019 Fragile States Index. The least fragile state is Finland. Between these two countries lies the whole spectrum of national stability. The good news is that conditions for most of the world’s people are slowly improving, says JJ Messner, Executive Director of the Fund…

Originally published in Ensia and written by Andrew Urevig In 2015, the United Nations’ 193 member states established an agenda for the future: 17 Sustainable Development Goals (SDGs) to meet by 2030. The goals encompass economic, social and environmental dimensions of development. To evaluate environmental targets, the United Nations in 2018 identified 93 indicators: statistics such as the material footprint of nations, the national recycling rate and the extent of government subsidies for fossil fuels. With 2030 just…

Originally Published in WeForum A power-hungry world is consuming energy at an ever-faster rate. Mounting demand for heating and cooling combined with a robust world economy meant global energy consumption grew last year at double the average annual rate of the previous seven years. Although wind and solar saw double-digit growth last year, this was nowhere near enough to meet the increased demand. In all, fossil fuels accounted for almost 70% of growth, for the second year…

First Published in WeForum Download report here. The Global Risks Report 2019 is published against a backdrop of worrying geopolitical and geo-economic tensions. If unresolved, these tensions will hinder the world’s ability to deal with a growing range of collective challenges, from the mounting evidence of environmental degradation to the increasing disruptions of the Fourth Industrial Revolution. The report presents the results of our latest Global Risks Perception Survey, in which nearly 1,000 decision-makers from the public sector,…

Originally Published in Sustainable Brands Bank of America’s third environmental commitment is designed to advance solutions to issues aligned with the SDGs — including sustainable energy and transportation, climate resiliency, clean water and sanitation. Bank of America (BoA) has announced it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative. This third commitment increases the company’s investment in low-carbon business activities as part of its focus on deploying capital for responsible,…

Originally Published in Sustainable Brands Seminal research shows that sustainability is driving market growth in CPGs; products marketed as sustainable grew 5.6x faster than conventionally marketed products, and 3.3x faster than the CPG market. This week, the NYU Stern School of Business Center for Sustainable Business and IRI® released the findings of a new U.S.-based study and established the Sustainable Share Index™, an in-depth analysis of consumer purchases of products that are marketed for their sustainable attributes — the research finds…

Originally published in the New York Times. The idea of putting a price on carbon dioxide emissions to help tackle climate change has been slowly spreading around the globe over the past two decades. This week, Canada’s federal government took the latest step when it extended its carbon-pricing program nationwide by imposing a tax on fossil fuels in four provinces that had declined to write their own climate plans. More than 40 governments worldwide have now adopted some…