Emma Thomasson

The UK economy could decline drastically if global warming continues to increase

Heatwaves more likely to hit real estate, construction and services, while transport, leisure and mining hurt by chronic temperature rises as well

Financial firms need to do more to price and manage climate risks, BoE says

C-Suite awareness of sustainability is growing, but there is not enough measurement of climate risks in balance sheets

Just transition considerations should be included in green bond guidelines expected in November

Current frameworks are too backwards looking and fail to account for rising uninsurability as well as investments in resilience and adaptation

ECB president Christine Lagarde sees Middle East war and oil shock accelerating green transition …

The central bank will apply haircuts to bonds from companies exposed to the net zero transition

Questions remain over the effectiveness of voluntary standards as bank funding for fossil fuels jumps …

Action on climate by Norway fund is constrained by political mandate and uncertain policy environment

More than a third of banks, particularly in Europe, cut fossil fuel financing due to regulation.