US EditionClimate change and inequality
- Canada's big banks left the Net Zero Banking Alliance but face pressure to reduce emissions despite climate action hostility in the U.S.
- Sustainability-Focused investors are urging banks to adopt the Energy Supply Ratio to show financing progress toward low-carbon energy, although some banks argue its usefulness is limited due to lack of standardization.
- BMO reported a low-carbon to fossil fuel financing ratio of 23 cents per dollar, while National Bank surpassed this with a low-carbon ratio of $1.66 for every dollar to high carbon.
- BloombergNEF stated that the Energy Supply Ratio helps banks show progress in the energy transition, emphasizing its growing importance as a dollar-to-dollar comparison metric.
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Climate change and inequality
This review explores how climate change is manifesting along existing lines of inequality and thus further exacerbating current health disparities with a particular focus on children and future generations. Climate change risk and vulnerability are not equally distributed, nor is the adaptive capacity to respond to its adverse effects, which include health consequences, economic impacts, and displacement. Existing lines of inequality are already…
·United Kingdom
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Total News Sources22
Leaning Left5Leaning Right0Center2Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 29%
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