Kjell Inge Rokke, made his fortune exploiting the oceans, building a fishing and oil exploration business. Now he wants to give something back. He plans to invite up to 400 marine scientists a year to spend three to four weeks each on board [his superyacht] studying how to protect the ocean from climate change, overfishing and plastic waste.
Times 30th May 2020 read more »
Letters: Rebecca Willis has done a great service in confirming that there has long been a deeply rooted socially constructed silence on climate change among MPs (‘I don’t want to be seen as a zealot’: what MPs really think about the climate crisis, Long read, 21 May). However, there is a silence within that silence: namely the refusal of MPs who do engage with climate change to acknowledge it as first and foremost a global issue, and not merely an international or even national one.
Guardian 28th May 2020 read more »
Equity markets have generally ignored the increasing number of natural disasters over the past 50 years and tougher rules are needed to make investors aware of the dangers posed by the climate crisis, the International Monetary Fund has said. Companies should be forced to disclose their exposure to climate risk because a voluntary approach does not go far enough, the IMF said in a chapter from its latest global financial stability report (GFSR). The Task Force on Climate Related Financial Disclosures, an initiative led by Mark Carney, the former Bank of England governor, outlines how companies should calculate and disclose their exposure to climate risk to investors. The IMF, however, said in a GFSR published on Friday that climate risk should ultimately be made part of international reporting standards. “An increasing number of firms have begun to voluntarily disclose climate change risk information, in line with the recommendations set out by the taskforce on climate-related financial disclosures” it said.
Guardian 29th May 2020 read more »