Speech by Emma Howard Boyd for the Westminster Business Forum Keynote Seminar: Green finance and the impact of climate change on financial services. What I can tell you with certainty is that investing in climate change adaptation will make us more resilient to the impacts of events like hurricane Dorian. And if we think globally and act innovatively when making those investments, we can make a difference around the world – for people, for the environment, and for economies. There are three essential points I want to make today: First – Storms, floods, droughts and heatwaves are getting worse. The science tells us this, and we can see it with our own eyes here in the UK and all over the world. Second – We have a moral responsibility to act. As policy makers, investors and business people, it is our responsibility to protect the assets that are entrusted to us and ensure that they are resilient to all kinds of risk – including climate risk. Third – It is in the economic interests of governments and businesses to act. Failure to do so will be disastrous for our economic interests all over the world, and acting now will help businesses to prosper.
Environment Agency 10th Sept 2019 read more »
About 200 world leaders and up to 30,000 delegates will converge on Glasgow next year for a UN climate change summit, it was announced last night. President Putin, Angela Merkel and President Macron are among those expected to attend. COP26, or the 26th Conference of the Parties to the UN climate change convention, has been described as the most important gathering on climate change since the Paris agreement in 2015. It will be held at the Scottish Events Campus in Glasgow in November or December after a successful UK bid to host the event. The main summit is in the UK, while Italy has agreed to put on preparatory events. The Scottish government joined MSPs and environmental activists in welcoming the news, describing their delight that the “fight back against the climate emergency will begin in Glasgow”. Roseanna Cunningham, the Scottish climate change secretary, said the decision to host the event in Scotland was right “given our leadership on climate action”. She added: “Scotland was one of the first countries in the world to acknowledge the global climate emergency and the Scottish government has introduced the toughest targets in the UK to ensure our action matches the scale of our climate ambitions.
Times 11th Sept 2019 read more »
BBC 10th Sept 2019 read more »
Scotsman 10th Sept 2019 read more »
Herald 10th Sept 2019 read more »
The National 10th Sept 2019 read more »
Guardian 10th Sept 2019 read more »
Business Green 10th Sept 2019 read more »
The world’s readiness for the inevitable effects of the climate crisis is “gravely insufficient”, according to a new report from global leaders. This lack of preparedness will result in poverty, water shortages and levels of migration soaring, with an “irrefutable toll on human life”, the report warns. Trillion-dollar investment is needed to avert “climate apartheid”, where the rich escape the effects and the poor do not, but this investment is far smaller than the eventual cost of doing nothing. The study says the greatest obstacle is not money but a lack of “political leadership that shakes people out of their collective slumber”. A “revolution” is needed in how the dangers of global heating are understood and planned for, and solutions are funded. The report has been produced by the Global Commission on Adaptation (GCA), convened by 18 nations including the UK. It has contributions from the former UN secretary general Ban Ki-moon, the Microsoft founder, Bill Gates, environment ministers from China, India and Canada, the heads of the World Bank and the UN climate and environment divisions, and others.
Edie 10th Sept 2019 read more »
Leaked communications suggest that the UN’s refugee agency is censoring itself on the climate crisis and the global compact on migration, following pressure from the US government. An email sent by a US-based official of the International Organization for Migration (IOM) on 28 August to colleagues around the world relayed that the US state department’s Bureau of Population, Refugees and Migration (PRM) told the agency documents related to programme activities it funds “must not be in conflict with current [US government] political sensitivities”. Sensitivities include the climate crisis, sustainable development goals, the global compact for migration and “anything that seems at odds with the administration’s take on US domestic/foreign issues”, the official wrote in the email.
Guardian 11th Sept 2019 read more »