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Changingclimate patterns and severe weather events are changing the game for global trade and logistics organizations. This is “imposing significant costs on governments, corporations, NGOs, regional economies and other stakeholders. And there is potential for these costs to surge past $1.2
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Editor’s note: Major flooding events are occurring so often that in the days between when this post was drafted and when it was scheduled to publish, another deadly flood struck – this time in Central Europe. The Vienna River, or simply the Wien , experienced a 1000-year flood event in the recent flood in September 2024.
Even before all that, we’d been watching the real-world risks of climatechange looming and growing across the United States and around the world. And, of course the heroic responders to all these events, not to mention an entire generation of youth who fear their future is being stolen before their eyes, marching in the streets.
The energy transition is creating a profound shift across industries and globaleconomies. Amplified by technological innovation and intense competition, it is reshaping sectors and shifting economies toward renewable energy. Central to this effort is the energy transition, one of the key economic growth drivers of our time.
UN’s COP (Conference of the Parties) is the largest annual climate summit driving action to address global warming across world leaders, country delegates, representatives of business, civil society, local communities and media. He is also the advisor to the Egyptian Minister of Environment on climatechange issues since 2014.
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The study, which is among the first to evaluate the long-term costs of El Niño, found that the 1982 and 1997 events led to $4.1 trillion and $5.7 trillion in lost income in the five years following them.
This article focuses on the ClimateChange topical standard of the CSRD, known as ESRS E1. Specifically, it explores the requirements for identifying and assessing climatechange risks and opportunities and their integration into business resilience planning.
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Originally published in Bloomberg's 2023 Impact Report Structural and systemic shifts accompanying climatechange, such as resource scarcity, new technologies and regulations, pose business risks and offer opportunities to issuers and investors globally. Reporting on the business and science of climatechange Bloomberg L.P.’s
30 of our newest annual event: GreenFin , taking place in April. It drew the attention of a number of friends, colleagues and veritable strangers who wanted to discuss the event’s themes, tracks and topics. "The money," in this case, is the sprawling and spiraling world of sustainable finance. Let me explain. trillion annually.
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This sixth annual Forum will mark Singapore’s fourth time as host, following the inaugural event in 2018 and subsequent events in 2021 and 2022. Powered by a newsroom of over 2,700 journalists and analysts, it reaches influential audiences worldwide across every platform including digital, social, TV, radio, print and live events.
By: Emma Cutler, Senior Analyst, Verdantix News of climatechange- and El Nino-driven drought slowing traffic in the Panama Canal hit headlines last week. Where the news will likely never appear, however, is firms’ own reporting, even for those that experience significant losses, at least not as a climate-related loss.
climate action and investments, as public and private sector leaders raise their ambition, deliver on commitments, implement policies to capitalize on the opportunities in the necessary transition to a zero emissions future, and ensure public finance to support adaptation and resilience for developing nations. November 3, 2022 /3BL Media/ -
DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climatechange. Climatechange inequality, contributors and sufferers, has been a key agenda item at COP for many years.
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Blackstone leaders joined the Bloomberg New Energy Finance Summit to offer their perspective on the challenges and opportunities presented by climatechange and the energy transition. Robert Horn is Global Head of the Sustainable Resources Group for Blackstone Credit. Jean Rogers is Global Head of ESG at Blackstone.
Due to global warming, our climate risk models show that these natural hazards and severe weather events are becoming more frequent and severe. Insurance can provide protection when these climate risks materialize. The response to rising climate risks will require profound changes.
Empowering young people is crucial, not only for their own growth but for addressing critical challenges, such as climate resilience, and preparing them to lead in a rapidly evolving world. SAP Educate to Employ is one of the learn-to-earn pathways on YOMA designed by SAP to equip youth with essential competencies for the digital economy.
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Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and Co-Chair of the Glasgow Financial Alliance for Net Zero (GFANZ). “By The event will be held from 3:30pm ET at The Plaza Hotel in New York City.
Statements relating to guidance, plans, prospects, goals, strategies, future actions, events or performance, and other statements, of which are other than statements of historical fact, including all statements, regarding planned ESG programs, and goals, the anticipated impact of ESG activities, and product and technology plans, are forward-looking.
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Tourism is projected to make up nearly 12% of the globaleconomy by 2033, but it is also poised to consume a troubling 40% of the world’s remaining 1.5°C In British Columbia, the Okanagan’s legendary wine industry is making desperate pivots after back-to-back extreme weather events damaged crops, reports the Globe and Mail.
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Our public policy position on climatechange and environmental sustainability, published in 2023, can be found on our public policy webpage. The conservation and protection of natural resources and global ecosystems yields significant social and environmental benefits for present and future generations.
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