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.
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.
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.
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.
The world needs to restore nature on land areas equivalent to the size of China by 2030 if it is to feed a fast-growing population, curb pollution, halt species loss and meet global goals to tackle climate change, U.N. agencies say.
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.
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.
