QE-funded deforestation linked to financial instability
Two new studies have found that deforestation could create a loss in value as great as the 2008 financial crash, and that central banks have purchased debt from issuers linked to forest loss.
Debt, inflation and climate crisis: a perfect storm in the global south
Debt and rising inflation mean low and middle-income countries are struggling to deal with climate impacts. Time for debt-free climate finance, argue analysts from the Latin American Network for Economic and Social Justice.
Africa losing up to 15% of GDP growth due to climate change
Africa losing up to 15% of GDP growth to climate change, drought contributing to global food price inflation, Bundesbank calls for urgent transition and more from this week in green central banking.
‘Fossilflation’ an opportunity to avoid disorderly transition, says NGFS
A new NGFS paper has argued that increased fossil energy prices is acting as an involuntary price on carbon, offering a “narrow but unique opportunity” to accelerate the transition to net zero.
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