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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 These risks would be particularly acute for companies in energy-intensive sectors such as manufacturing, mining and electricity.

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Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now. Most companies in nature-damaging sectors, such as apparel and manufacturing, are still failing to take meaningful action to stop biodiversity loss and environmental degradation.

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Preparing for COP26

Envirotec Magazine

This had been central to the climate accords since 2009, and is widely viewed as an indispensable ingredient for securing the mutual trust and cooperation of the 191 countries that signed the Paris agreement. Might it lead to manufacturers in places like the UK, throwing their arms up in the air and saying “why bother?”.

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Renewable Energy Shift Unstoppable Despite U.S. Election Result

We Mean Business Coalition

Delaying the transition to clean solutions, will mean losing competitiveness vis a vis countries like China that will reap the benefits of their leadership in the development of clean energy supply chains (from extraction of critical materials and manufacturing, to combining clean solutions like renewables, electric vehicles and battery storage).