US$150 billion per year: Tallying the cost of delayed climate action

The Oxford Sustainable Finance Group and the 2° Investing Initiative have released a report estimating that the financial sector could face an additional loss of $150 billion per year if climate action by companies is delayed. The report analyzed publicly listed companies in four of the most climate-critical sectors, and found that they are insufficiently […]

The Great Carbon Arbitrage

The article discusses the economic benefits of phasing out coal and the need for public funds to finance the transition to renewable energy. It estimates that the global net benefit of phasing out coal is $77.89 trillion, and that investment costs for the developed world to cover climate financing needs would be in the range […]