The world is facing a huge biodiversity finance gap. And COP16 presents an opportunity to mobilise private biodiversity finance.
Green economy
Beijing’s reinvigorated support for manufacturing is quite the economic gamble. With property still in the doldrums and the post-Covid services recovery having largely run its course, the rationale is that manufacturing could minimise the risk of a broader activity slowdown.
Scott Livermore, Chief Economist and Managing Director at Oxford Economics, examines the intricate dynamics of the GCC economies.
Over a third of London’s greenhouse gases arise from heating and lighting the capital’s residential buildings. Removing those emissions by 2050, let alone 2030, looks challenging.
Our analysis suggests that even at this early stage investors see the act as a positive stimulus for clean technology companies’ future profits. This is likely to give the US a competitive advantage in the development and commercialisation of hydrogen and other new clean technologies.
Digitalisation and modern methods of construction will support the decarbonisation of infrastructure and built assets.
Luke Pate, an Economist at Oxford Economics, discusses how small to medium-sized enterprises hold the key to cutting Scope 3 emissions and that large companies are the ones who can make this happen.
The supply chain has always been a balancing act. Whether it is cost and efficiency, customer service vs. profitability, or in modern times resiliency vs. risk. And now, we are increasingly seeing sustainability move into the already crowded field.
Oxford Economics’ City Climate Scenarios Service offers in-depth insights into the economic impacts of climate change and mitigation policies on cities and local economies throughout Europe, the US and Canada.
A global forecast for the construction industry to 2037.
Travel & Tourism accounted for 8% of global greenhouse gas emissions in 2019. Within Travel & Tourism, the lodging industry represents 6% of the total carbon footprint of global tourism.
As the world population approaches 8 billion, over a quarter belong to Generation Z (those born between 1997 and 2012). Whilst their impact to both the economy and society is currently limited by their youth, this massive cohort is now joining the workforce.
Changing weather patterns and frequent natural disasters have increased environmental concerns. As a result, mitigation, adaptation, and regulatory reporting have become a major priority for policymakers and business leaders.
The World Economic Forum’s annual risk survey shows that climate inaction makes up the top four of its 10 most severe global risks over the coming decade. On the same day that the WEF findings were released, new analysis was published into the opportunities the world’s transition to a greener economy would represent for businesses and investors prepared to make the changes needed.
Firms must make better use of information and advice to ensure they can exploit the potential benefits and avoid the threat of losses from climate change
As each year passes, the climate emergency facing the planet becomes ever more alarming. But this trajectory is increasingly being met by the rapid emergence of new technologies and expertise that are focused on tackling it. As a result, we can now discern the emergence of a future green economy; one that harnesses human ingenuity to protect the planet’s future.
Quantifying the economic impact of climate change becomes crucial, particularly in a rapidly warming planet.
With negotiations extending into the weekend amid fears of a stalemate, COP27 delegates finally agreed to set up a fund to help pay for losses and damages brought on by climate change. This fund relieves the fiscal burden on poorer nations recovering from natural disasters.
Achieving a net zero and carbon neutral world by 2050 is the defining challenge of our age. It relies on many partners working together to shoulder great costs, and to do so as equitably and efficiently as possible. It is important for policymakers to be honest about the challenges businesses, investors, and consumers will have to face if we are to halt global warming on the sort of timescales scientists are telling us is necessary.
Australia’s changing climate represents a significant challenge to households, communities, government and industry. We are already experiencing the adverse effects of climate change including average temperature increases, more frequent extreme weather events and rising sea levels. This is expected to continue unless we grasp the opportunity to make more sustainable choices and reduce future emissions.
