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Europe's green transition to persistently boost inflation, ECB's Schnabel says

Europe’s effort to wean its economy off Russian gas is likely to be a persistent boost to inflation even beyond the current spike, European Central Bank board member Isabel Schnabel says.

banking finance climate impacts
Photo by Ibrahim Boran on Unsplash

Southern European banks set for climate hit, ECB study shows

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires, a European Central Bank study shows.

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Photo by Adele Payman on Unsplash

Global warming increased U.S. crop insurance losses by $27 billion in 27 years, Stanford study finds

Higher temperatures attributed to climate change caused payouts from the nation's biggest farm support program to increase by $27 billion between 1991 and 2017.

climate impacts net zero

Only quick shift to 'net zero' emissions will boost GDP: Report

Cutting planet-warming emissions to "net zero" by 2050 could lift growth and employment but would require an inflation-boosting $160 per tonne carbon price by the end of the decade, an umbrella group of the world's top central banks say.

amazon deforestation rainforest
Photo by Lingchor on Unsplash

Road to ruin: Informal byways sow seeds of destruction in Colombia's Amazon

The dirt tracks winding through southern Colombia's tangled jungle often mark the beginning of the end for besieged patches of rainforest in this part of the Amazon.
health systems hospital climate emissions

Health systems urged to develop green cure for fast-rising emissions

Hospitals and other healthcare facilities worldwide can prepare better for both climate change and future pandemics by adopting green technology and cutting planet-heating emissions from their operations and supply chains, health experts say.

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