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Climate impacts to scythe 18 per cent off global GDP by 2050, Swiss Re warns

Business Green

Insurance giant's stress test of 48 major economies finds climate impacts are on course to make world trillions of dollars poorer. Climate change is on course to slash up to 18 per cent off global GDP by 2050, making the world trillions of dollars poorer if mitigating action is not taken and global temperatures soar to 3.2C

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MPs table fresh legislation to 'close gaps' in UK Climate Change Act

Business Green

Proposed Climate and Ecological Emergency Bill would see international aviation, shipping, and consumption fall within the UK's 2050 net zero target, while putting climate assemblies on a formal standing. Based on the Paris Agreement goal to limit global warming to 1.5C

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Are carbon offsets the answer to the climate change crisis?

Business Green

If there is one issue that transcends all the different areas of modern journalism, then climate change is it. According to an independent study, commissioned by Clim8 Invest, climate change is the number one concern for 61 per cent of UK consumers. Taking action. Standard Life Aberdeen is one such business.

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Don’t despair about climate change, instead put your capital where it counts

Renewable Energy World

Every major economy has an industrial zone like the Port of Rotterdam, a place where smokestacks, pipes, and tanks tell one story of climate change. C when places reminiscent of Mordor continuously pump carbon into the atmosphere. Those that can create artificial sinks with technological carbon capture, utilization, and storage.

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'Net zero is not enough': Why climate experts are calling for 'net negative' emissions strategies

Business Green

Climate Crisis Advisory Group argues that atmospheric concentrations of CO2 could reach dangerous levels by 2050, even if net zero targets are met. Net zero is going to have to become net negative. Following a pathway leading only to net zero by 2050 is now too little too late", today's report states.

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What could go wrong? How $38tr in climate damages could knock a fifth off global income

Business Green

Major new analysis from the Potsdam Institute warns climate impacts through to 2050 could do significantly more economic damage than previously expected How bad could it get? One of the biggest uncertainties surrounding climate change is precisely how severe climate impacts could prove to be.

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Mobilising institutional investment is critical for financing nature-based climate solutions

Business Green

The potential of nature-based solutions - actions that protect, restore and sustainably manage natural ecosystems - to help combat the climate crisis is now widely recognised. This follows analysis last year by The Nature Conservancy and others that found the biodiversity financing gap is roughly $711bn per year.