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The climatization of finance

In our polycrisis era, the year 2023 will be decisive for the finance-nature-climate nexus. Three key upshots for net-zero law based on how policymakers (as recently Ursula von der Leyen in Davos) call financial institutions to mobilize behind future-proof pathways.

Be prepared for the polycrisis era

Diverse crises spanning over three different timeframes. They are interconnected and put us in the middle of a shift in power. This is the time to adapt ourselves to a “new order”, but this is also a period of crucial opportunity for moving forward. Insights from the Global Risks Report 2023.

Heatwave

Are we ready for Europe’s winter warmland?

The news is record-breaking temperature. Media coverage swings from talk of “astonishing luck”, to alarm and concern from those who look at the bigger picture, identifying heatwave’s impacts on health, ecosystems and the economy. The point is: are we able to connect the dots between the energy crisis, climate change and increasing extreme events? From the New York Times to the Washington Post, from the Guardian to the most influential scientists on social media, a review of the temperature anomalies affecting Europe and beyond.

The lessons of yesterday, the tasks of tomorrow: 10 climate science insights

Are we going beyond the limit of adaptation and crossing irreversible tipping points? What do we know about the triple planetary crisis, the social costs of climate extremes, vulnerability and the myth of endless adaptation? A list of the ten new insights in climate science puts together advancements, challenges and solutions to shape future strategies and activities.

Fit For 55: The EU’s renewed ambitions on climate finance and carbon tax

New demanding challenges in the agreement that was signed a few days before Christmas, the most advanced climate legislation in the world. The renewed tools and ambitions affect politically sensitive sectors and plan to support the most vulnerable citizens and enterprises to contribute to the transition. All the details on the political agreement the Council and the European Parliament reached.

Don’t spell it out: Reading about the planet we are heading towards

A mixture of utopias, dystopias, crystal-clear realism and factual reporting: if you don’t find the word ‘climate’ in some titles, you will meet it between the pages, as one of the characters shaping the future. This is Foresight’s selection of books and articles – some recent, some old – to look at the world through the lens of climate change and understand the planet we are heading towards.

COP15_biodiversity

“Now the hard work begins”: Environmental leaders on the COP15 Biodiversity Framework

Global leaders agreed to halt biodiversity loss by protecting 30% of the world’s land and ocean by 2030. Leaders from environmental organizations around the world react to the deal, highlighting its merits and the potential issues that come with it. From “a watershed moment” to “we don’t need people to tell us what to do”, the consensus is that governments need to treat the Kuming-Montreal Biodiversity framework “as a floor, not a ceiling”.

Success or failure? The Kyoto Protocol’s troubled legacy

Twenty-five years of hope and political negotiations, of science, data and denial campaigns to delay and even bury it. A look at the first iconic moment for global climate policy making: what remains of the Kyoto Protocol’s heritage and what lies ahead for international environmental agreements.

Now is the time for action: The COP15 on biodiversity

“Paris moment for nature”, is the phrase being used to raise expectations: the COP15, due to be held in Canada, must play a crucial role in halting biodiversity loss and restoring nature over the next decade. However, according to global media predictions, there is something that may undermine the impact of the event before it has even begun.

“The effects are greater than the cause.” Media reactions to COP27 outcomes

What a difference between the Global South and Developed Countries. In the COP27 aftermath, media analyses range from applause to disappointment, from those who call it a momentous decision to those that signal the use of ambiguous new language. Barbados and U.S., Brazil and EU passing through Pakistan, UK, India, China and South Africa, a collection of media coverage of the Sharm el-Sheikh Implementation Plan.