Global warming will cost the world more than $2 trillion a year in lost productivity by 2030 as it becomes too hot to work in many sectors, according to new research. The report says that India and China together stand to lose $450 billion in output by 2030. The economies of richer nations, such as […]
A new United Nations Environment (UNEP) report, the second in UNEP’s series of Adaptation Gap reports, assesses the difference between the financial costs of adapting to climate change in developing countries and the amount of money actually available to meet these costs—a difference known as the “adaptation finance gap”. This report finds that the cost […]
An important new study, published in the journal Nature Climate Change, says that climate change will be expensive. Extremely expensive. It turns out that if you mess with the planet’s thermostat, it’s not great for the economy or investments. Forget the polar bears; your pension and retirement funds are in trouble. If we stay on […]
In a new paper in the journal Science (as reported on Phys.org), a team led by Stanford professors Charles Kolstad and Marshall Burke argues that despite our growing knowledge of the physical science of climate change, relatively low funding for social science research has contributed to a knowledge gap about what climate change means for […]
“Our work suggests to long-term investors that we would be better off in a low-carbon world,” said Prof Simon Dietz of the London School of Economics, the lead author of a new study published in the peer-reviewed journal Nature Climate Change. The study used economic modeling to estimate the impact of unchecked climate change. The […]
That the future of profit is purpose is the modus operandi of the YK Center, a self-proclaimed “for-benefit organization” striving to push the needle on a more sustainable economy. The Center was founded by Professor Yehuda Kahane and executive coach Tal Ronen in response to the 2012 United Nations document “The Future We Want,” which created a call to action […]
A catastrophe caused by climate change is seen as the biggest potential threat to the global economy in 2016, according to a survey of 750 experts conducted by the World Economic Forum (WEF). A failure of climate change mitigation and adaptation was seen as likely to have a bigger impact than the spread of weapons […]
In its annual report, the World Economic Forum (WEF) has named climate change as the most severe global economic risk of 2016. According to an article in Scientific American (reprinted from Climatewire), the WEF has labeled climate change or related environmental phenomena—extreme weather, major natural catastrophes, mounting greenhouse gas levels, water scarcity, flooding, storms and […]
Prof. Yehuda Kahane shares his vision on the “American Dream” in this Fox News interview: