Climate change is a major political and economic challenge. This paper sketches out its relevance for the financial sector. Necessary low-carbon investments imply a significant yet manageable financing gap. Beyond capital mobilisation that has attracted most attention until now, the main challenge is ensuring a transition-consistent capital reallocation.

This article addresses the potential implications of climate change for the financial management of disaster risks. It outlines the contribution of insurance to reducing the economic disruption of disaster events and policy approaches to supporting the penetration of disaster insurance coverage and the capacity of insurance markets to absorb disaster risks.

The OECD, UN Environment and World Bank Group today called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change.

Denmark’s green growth strategy focuses on moving the energy system away from fossil fuels and investing in green technologies, while limiting greenhouse gas (GHG) emissions.

Germany reduced greenhouse gas emissions substantially but remains an important emitter. Ambitious targets for climate change mitigation have been fixed and a broad range of environmental measures are being implemented.

Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.

This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range.

This report focuses on the effects of climate change impacts on economic growth. The analysis finds that the effect of climate change impacts on annual global GDP is projected to increase over time, leading to a global GDP loss of 0.7% to 2.5% by 2060 for the most likely equilibrium climate sensitivity range.

The government has put a heavy emphasis on improving the business climate, thereby promoting a competitive, innovative and dynamic private business sector.

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20.

The Netherlands is a global pioneer in water management with a long history of containing flood risks and reclaiming land from the sea. Yet it will need to adapt its water governance policies to meet the looming challenges of shifting demographics, regional development and climate change, according to an OECD report.

This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes.

Corporate climate change disclosure is crucial for providing decision-makers with information that will enable them to integrate climate considerations into their analyses. This side event to the 21st session of the Conference of the Parties will focus on ways to strengthen corporate climate disclosure frameworks, and to scale up the use of corporate climate change-related information.

27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress.

Climate change affects lives and livelihoods everywhere. We can and must act now to tackle climate change and make a better world for our children. We have the knowledge, the tools and the financial resources. Now our countries must deliver on commitments. Here are 25 climate actions to get us on track by 2025.

Business Confidence in Germany decreased to 74.30 points in April from 85.90 points in March of 2020. Business Confidence in Germany averaged 97.98 points from 1991 until 2020, reaching an all time high of 109.80 points in January of 1991 and a record low of 74.30 points in April of 2020. In Germany, the IFO Business Climate Index measures entrepreneurs’ sentiment about current business situation and their expectations for the next 6 months. The survey is made by phone and covers 9,000 firms in manufacturing, the service sector, trade and construction. The Business Climate Balance is constructed as the difference between the percentage share of executives that are optimistic and the share that are pessimistic. This balance can take values between -100 (all responding firms assess their situation as poor and expect business to deteriorate) and +100 (all responding firms assessed their situation as good and expect an improvement in their business). For the calculation of the IFO Business Climate Index, the Balance is normalized to the average of a base year (currently 2015). This page provides the latest reported value for - Germany Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Business Confidence In the Euro Area decreased to -1.81 points in April from -0.28 points in March of 2020. Business Confidence in the Euro Area averaged 0 points from 1985 until 2020, reaching an all time high of 1.64 points in January of 2018 and a record low of -3.34 points in March of 2009. The Business Climate Indicator (BCI) is calculated in order to receive a timely composite indicator for the manufacturing sector in the euro area. The indicator uses, as input series, five balances of opinion from the industry survey: production trends in recent months, order books, export order books, stocks and production expectations. The BCI therefore deviates from the industrial confidence indicator, which is based on only three input series. The survey is made by phone and covers 23,000 companies in the Euro Area. This page provides the latest reported value for - Euro Area Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Germany decreased to -23.40 points in May from 2.70 points in April of 2020. Consumer Confidence in Germany averaged 6.28 points from 2001 until 2020, reaching an all time high of 16.80 points in March of 2001 and a record low of -23.40 points in May of 2020. The GfK Consumer Climate Indicator is based on a survey of 2000 individuals age 14 and above. The questionnaire focuses on income expectations, buying propensity and savings. The components of the indicator are calculated as the difference between positive and negative answers to the questions asked. Their value can vary between minus 100 and plus 100 points with 0 representing the long term average. This page provides the latest reported value for - Germany Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

EU push to incorporate Paris agreement adds to tension over post-Brexit relationship

Patrick Jenkins and guests discuss the retrial of former Barclays bankers over the bank's arrangements with Qatar at the height of the financial crisis, the poor level of support among banks for a climate change initiative backed by Bank of England governor Mark Carney, and the Fed's decision to drop the introduction of tougher liquidity rules for foreign banks. With special guest, Erkin Nosinov, a director at BCS Consulting.

Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, David Crow, banking editor, and Laura Noonan, US banking editor. Producer: Fiona Symon

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Patrick Jenkins and guests discuss the pressure Barclays has come under to curb fossil fuel financing, a radical plan to overhaul regional banking in Japan, and the latest US bank results. With special guest Christian Wilson from ShareAction. 

Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Robin Harding, Tokyo bureau chief, and Laura Noonan, US banking editor. Producer: Fiona Symon.  

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Indigo, a Boston-based agritech start-up, plans to pay farmers to store carbon in soil - part of a growing field of climate-related agricultural practices that seek to reduce the amount of carbon dioxide in the air. Lauren Fedor discusses the growing focus on environmentally friendly farming methods with Leslie Hook and Emiko Terazono.

Contributors: Katie Martin, capital markets editor, Lauren Fedor, technology reporter, Emiko Terazono, commodities correspondent, and Leslie Hook, environment correspondent. Producer: Fiona Symon

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As the UK general election approaches, all parties are stepping up their rhetoric on climate change. What are their manifesto pledges and are they even realistic? Jim Pickard and Nick Butler talk to Leslie Hook about what a new government could spell for the environment and the need for an international approach to tackling the climate crisis.

Contributors: Leslie Hook, environment and clean energy correspondent, Jim Pickard, chief political correspondent and Nick Butler, energy commentator. Producer: Persis Love

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Questions about the future of fossil fuels are putting new pressure on companies and financial institutions. How are they responding and should they be doing more? Pilita Clark talks to Huw van Steenis, chair of the sustainable finance committee at UBS and a former adviser to Bank of England governor, Mark Carney, and Billy Nauman, reporter for the FT’s Moral Money. 

Contributors: Huw van Steenis, chair of the sustainable finance committee at UBS, Pilita Clark, business columnist and Billy Nauman, reporter and producer, moral money. Producer: Persis Love. Photo credit: Saul Loeb/AFP/Getty

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French energy group makes emissions pledge as first-quarter profits drop 35%

Two experts debate whether shift to low carbon can push forward amid economic stress

Your guide to the investment and business revolution you can’t afford to ignore

Achieving zero emissions by 2050 would require unprecedented global co-operation

Politicians know what they have to do, but must beware the ‘gilets jaunes’

Before leaving SoftBank-backed Zume Pizza in November 2018, co-founder Julia Collins knew what her next move would be: climate-friendly food. Today, Collins is announcing Planet FWD’s $2.7 million seed round led by BBG Ventures with participation from Cleo Capital, Cowboy Ventures, Precursor Ventures, Kapor Capital and others. What’s unique about this round, Collins told TechCrunch, […]

Former Big Brother winner Tim Dormer has spoken out against climate change, amid Australia's ongoing bushfire crisis. 

Two hundred heads of state and tens of thousands of delegates will gather for the Conference of the Parties summit at the Scottish Event Campus (pictured) in November.

The Cop26 meeting was set to take place at Glasgow's Scottish Events Campus - which is being turned into a temporary coronavirus field hospital - from November 9 to 20.

Last week Greta Thunberg retweeted a post calling the tennis player out on the sponsorship. Federer then released a statement this weekend saying he takes the threat of climate change very seriously.

Since New York City's foundation in the early 17th century, the lower tip of Manhattan has been at the heart of metropolitan life - despite its vulnerability to flooding from the harbour. Two possible links between global warming and the damage wrought by Sandy are the raised sea levels which make it easier for the coast to flood, and warm air in the Atlantic Ocean increasing the fierceness of the storm.

Brazil should have seen thousands more babies born with shrunken skulls. But all of these cases are restricted to a northern region of the country. It suggests Zika alone may not cause birth defects.

President Trump's trip to Britain is currently being planned but was hit by a diplomatic row after he said he did not want to meet with Prince Charles because of climate change differences.

Brisbane motorists have been brought to a standstill again after climate change activists held up CBD traffic on Monday morning.

The Prince of Wales, 71, expressed his concerns when addressing an audience at Lincoln University during his tour of New Zealand, on Friday.

Mr Abbott said the fires were always going to happen in a country like Australia and hit out at those saying global warming was the cause as almost 'religious' in their beliefs.

Speaking in Rome on Friday, Pope Francis said it's 'a duty' to introduce 'the sin against ecology' to the Catholic Church's teachings as a way to protect 'our common home'.

Jeremy Clarkson described fishermen suffering due to water shortages in Vietnam and Cambodia. He said: 'It's the first time that we've ever admitted to there being global warming.'

After conducting a review of 57 climate change research papers, UK and Australian scientists say human-induced climate change promotes conditions that make wildfires spread.

On May 16 an article ‘Mutiny in the Climate Camp’ reported accusations of hypocrisy over a decision to fly delegates to a conference in Bolivia. We cited critical quotes from an internal email but, in fact, these did not relate to the conference decision. Additionally we misattributed Facebook comments to campaigner Ben Hart and incorrectly said he had attended the conference. We apologise for these mistakes.

Alexandria Ocasio-Cortez was invited to a special panel honoring Martin Luther King Jr at Riverside Church in New York City on Monday. Hours later, she appeared on Stephen Colbert's show on CBS.

A new study reveals the Pacific edge of the Arctic Ocean underwent a 'sudden and dramatic shift' from 2017 to 2019' that experts fear is irreversible and may be 'a sign of what is to come.'

An increase in wooded plants in both savanna and tundra regions is caused by increased rainfall and temperatures that can be attributed to climate change, UK ecologists have concluded.

Leonardo DiCaprio took aim at President Trump and other world leaders while calling for climate action over the weekend. Trump will be officially removing the U.S. from the Paris climate pact in 2020.