The decision by Arizona this week to limit residential construction in some parts of the fast-growing Phoenix suburbs is another major warning about how climate change is disrupting lifestyles and economies of the West.
Divisions are forming among the world’s most influential central banks over their role in tackling climate change, as policymakers focus on reining in inflation.
Climate-vulnerable countries said disasters and weather patterns driven by global warming have wiped out around a fifth of their economic growth, in a report published Wednesday amid growing calls for funding to help nations hammered by weather extremes.
The question of how the hundreds of companies that have set net-zero commitments are actually going to deliver on them has taken on greater urgency in the wake of the UK Met Office’s recent assessment that there is an even chance global temperatures will overshoot the “safe” limit of 1.5 degrees Celsius in the next five years.
The world is “sleepwalking to climate catastrophe,” with major economies allowing carbon pollution to increase when drastic cuts are needed, UN Secretary-General Antonio Guterres said yesterday.
A new report is showing how climate change-related flooding now -- and in the future -- will impact local economies in ways that haven’t been fully examined until now.
