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The Latest Breaking News from Nicholas Stern

Poorer nations need $1tn a year by 2030 in climate finance, top economists find

Study says funding to cope with climate breakdown needed five years earlier than expected

The Guardian - UK

Odour of oil and return of Trump hang heavy over Cop29 in Baku

Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance

The Guardian - UK

Move to sustainable food systems could bring $10tn benefits a year, study finds

Existing production destroys more value than it creates due to medical and environmental costs, researchers say

The Guardian - UK

From analysis to the latest developments in health,
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Climate change is making debt more expensive – new study

Earth is overheating due to the greenhouse gas emissions from burning fossil fuels. This is “the biggest market failure the world has seen” according to economist Nicholas Stern. The rational behaviour of companies that pollute by making profitable commodities, and consequences of most people’s desire to drive everywhere are creating…

The Conversation

Dropping green pledges would be ‘political suicide’, Sunak and Starmer warned

Science and business leaders say lurch away from climate agenda after byelections would be deeply unpopular with voters and damage UK’s reputation

The Guardian - UK

Why World Bank head’s resignation is good news for climate crisis fight

David Malpass’s decision to quit has delighted frustrated developing nations, donors, experts and campaigners

The Guardian - UK

What we learned at Davos: signs of hope emerge from the pessimism

Prospects for artificial intelligence and green transition fuel sense that the only way is up for the global economy

The Guardian - UK

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UK’s first new coalmine for 30 years gets go-ahead in Cumbria

Michael Gove greenlights £165m project that will produce estimated 400,000 tonnes of greenhouse gas emissions a year

The Guardian - UK

Cop27: is it right to talk of ‘reparations’?

Negotiations are centred on ‘loss and damages’ – but some think that language does not fully account for climate debt

The Guardian - UK

Global South needs $2 trillion a year to tame, cope with climate

Sharm el Sheikh (Egypt) (AFP) - Developing and emerging countries -- excluding China -- need investments well beyond $2 trillion annually by 2030 if the world is to stop the global warming juggernaut and cope with its impacts, according to a UN-backed report released Tuesday.

AFP

Developing countries ‘will need $2tn a year in climate funding by 2030’

Report co-written by Nicholas Stern says figure required to switch away from fossil fuels and cope with extreme weather impacts

The Guardian - UK

Soup on the van Gogh: Kids are alright

Was the London soup-throwing incident an absurd plea for attention? Absolutely — it was also totally justified

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