Financial services have been too slow to cut investment in fossil fuels, a delay...
LONDON - Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said in an interview broadcast on Monday.
Carney, due to become the United Nations’ special envoy for climate change next year when he steps down from the bank, told BBC radio that global warming could render the assets of many financial companies worthless. “The concern is whether we will spend another decade doing worthy things but not enough... and we will blow through the 1.5C mark very quickly,” Carney said in a radio program guest edited by teenage environmental campaigner Greta Thunberg.Carney said the financial sector had made a lot of progress in disclosing the risks to their assets from climate change, but he warned that progress was not fast enough.“To deliver, there needs to be shared understanding about what’s necessary.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
2019 in review: Protest and global warmingLooking at what we have published in our International section in 2019, two clear themes emerge
Consulte Mais informação »
Andrew Yang says Americans more worried about health care, education than impeaching Donald TrumpThe presidential candidate urged Democrats to focus on health care, child care and climate change rather than on Trump's impeachment -- a process he supports.
Consulte Mais informação »
Floods, Wildfires And Students On The Street: Climate Change In 2019A surge of student activism defined the fight against climate change this year — from Swedish climate activist Greta Thunberg chastising world leaders to the rise of Zero Hour and Sunrise Movement. hereandnow
Consulte Mais informação »
What Can Be Saved?Heroic efforts to save or revive ecosystems are being waged around the world, reversing some of humankind’s most destructive past actions and preserving vital natural habitats in the face of climate change.
Consulte Mais informação »
Opinion | Climate change became a burning issue in the 2010s, but also an opportunityOpinion | Carl Pope: Climate change became a burning issue in the past decade, but also an opportunity. - NBCNewsTHINK
Consulte Mais informação »