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Sunk costs: Airports taking action against rising seas, storms as climate changes

Sunk costs: Airports taking action against rising seas, storms as climate changes

Global airport operators, faced with rising sea levels and more powerful storms as the climate changes, are starting to invest in measures including higher runways, seawalls and better drainage systems to future-proof immovable assets.

Climate-related financial disclosure becoming more mainstream: G20 task force

Climate-related financial disclosure becoming more mainstream: G20 task force

The Task Force on Climate-Related Financial Disclosures was set up by the G20's Financial Stability Board at the end of 2015 to develop a voluntary framework for companies to disclose the financial impact of climate-related risks and opportunities.

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