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‘Uninsurable and Unhedgeable’: Central Banks Warn of Financial Crisis from Climate Change

DeSmogBlog

Read time: 6 mins A future climate disaster, or “green swan” event, could bring down the global financial system, according to a new report from the Bank for International Settlements ( BIS ), an international financial organization that serves as a bank for central banks around the world.

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Why investors are putting biodiversity on the balance sheet

GreenBiz

Most investors and companies still don’t put a price tag on natural capital, or the cost of losing it, and biodiversity becoming a top "theme" only means people have begun talking about it. In its Global Risks Report for 2021 , the World Economic Forum ranks biodiversity loss as the world’s No. 5 risk by likelihood and No.

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First nationwide DDRS trial: 20,000 cash rewards redeemed by Ocado Retail customers

Envirotec Magazine

Held across England and Wales, the world-first initiative enabled monetary rewards and charity donations to be claimed through the Bower app, in which customers simply set up their account and add their regular recycling bins and bank account. Up to £4,000 worth of rewards were obtained during the nine week long trial.

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How the climate crisis will crash the economy

GreenBiz

Even before all that, we’d been watching the real-world risks of climate change looming and growing across the United States and around the world. It placed the price tag at up to 10.5 Nonetheless, companies with a slightly longer view are already be considering the viability of their products and services in a warming world.

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Net Zero Festival: Free passes now available to flagship climate event

Business Green

Thanks to the support of BCG, Schroders, SNC Lavalin, ENGIE, Bank of America, Drax, Derwent London, and Energy Saving Trust a limited number of free passes to attend the three day Net Zero Festival virtual summit are now available. Meanwhile, BusinessGreen members will be able to access an exclusive VIP experience as part of the Festival.

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Managing risk, achieving impact: Linking sovereign debt with climate and nature targets

Business Green

Sustainability-linked sovereign bonds can help promote economic resilience and a much-needed sustainable recovery to Covid-19, according to the World Bank's Fiona Stewart and Samantha Power. Difficulties around resource intensive budget tagging and project identification could also be avoided.

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Monday Flashback story of Dholavira – Ancient Sustainable City since Harappa Civilisation

Econaur

This week we present the Flashback story of Dholavira, the archaeological site of a Harappan-era city, whi ch received the UNESCO world heritage site tag on Tuesday. Besides Lothal, Rangpur on the bank of Bhadra river in Surendranagar district was the first Harappan site in the state to be excavated. Dholavira site.