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Climate change could be bad news for your retirement plans

By Georgina Wade A survey released just last month by Natixis Investment Managers paints a grim picture for people hoping for an old age free of financial stress. An accompanying report on the impact of global warming making the findings even worse. Taken together, the studies suggest that retirees are at risk, due to a…

Extreme heatwaves pose spreading threat

By Tim Radford Scientists in the US have added a new dimension to the growing hazard of extreme heat. As global average temperatures rise, so do the frequency, duration and intensity of heatwaves. And that’s not the only factor to worry about. By mid-century, the area straddled by those bands of extreme heat could increase by…

First-ever TCFD summit calls for an acceleration of climate-related corporate disclosures

By Anna Haworth Last week saw the first-ever global TCFD Summit take place in Japan, with over 300 attendees gathering to review progress in the implementation of the TCFD recommendations and explore emerging best practice in climate-related financial disclosure. Mark Carney – the Governor of the Bank of England and Chair of the Financial Stability…

Beyond climate models: Climate adaptation in the face of uncertainty

By Erin Owain and Richard Bater A recently published paper calls upon climatologists to build models on decision-relevant timescales to inform shorter-term, local decision making by policy makers. Over the past few decades, significant scientific advancements in global climate models have revolutionised our understanding and perception of climate change  By mimicking the dynamics of the…

Podcast: How banks in India are responding to climate risk featuring Chaitanya Kommukuri

Financial institutions around the world are beginning to wake up to the reality that climate change will have material impacts on their loan and investment portfolios. Since the Financial Stability Board’s Taskforce on Climate-related Financial Disclosure (TCFD) released its recommendations in 2017, banks and other financial institutions have been working to understand how climate risks…

Penguins in peril as winds change and heat rises

By Alex Kirby New weather patterns in the warming Antarctic are leaving thousands of penguins in peril, prompting calls for them to be specially protected. LA species that has come to symbolise Antarctica’s wealth of wildlife now faces mortal danger: climate change is putting emperor penguins in peril. British scientists say the continent is warming…

The Forest Ablaze

By Erin Owain A summary of an article published last week in a Welsh culture magazine, Barn, which provides a brief update on the fires in the Amazon from both a scientific and political framing. The original, published in Welsh, is below. Deliberate fire-setting in the Amazon basin is an annual event during the Brazilian…

Antarctica now has more than 65,000 ‘meltwater lakes’ as summer ice melts

By Jennifer Arthur During the Antarctic summer, thousands of mesmerising blue lakes form around the edges of the continent’s ice sheet, as warmer temperatures cause snow and ice to melt and collect into depressions on the surface. Colleagues of mine at Durham University have recently used satellites to record more than 65,000 of these lakes. Though…

More than half the world could see ‘record-setting heat’ every year by 2100

By Sophie Turner So far, 2019 has seen the hottest winter day on record with temperatures reaching 21.2°C in London back in February, the hottest July day on record, and the hottest August bank holiday Monday with temperatures of 33.2°C, ‘smashing’ the previous record of 28.2°C set two years ago. And that is just in…

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