The writer is director of intergovernmental affairs, United Nations Environment Programme.
FOR millennia, humans have benefited from nature’s generosity without caring much for it. Now, this one-sided relationship has become untenable, especially with an economic paradigm that treats nature with disdain. Human actions are destroying nature and causing biodiversity loss at an alarming rate. This is double trouble for a planet already under assault from a ferocious climate crisis. However, unlike the visible climate devastation, biodiversity loss is silently gnawing at the fabric of life’s support systems.
Nature’s elaborate arrangement of interdependence among and between species makes earth habitable by providing indispensable ecosystem services. There are two main types: ‘provisioning services’ such as food, fuel, timber and drinking water, etc, and ‘regulating services’ like pollination, air/water filtration and prevention of natural hazards.
Green and sustainable finance in Hong Kong
The World Economic Forum Global Risks Report 2020, published in January 2020, highlighted significant risks that will be seen across the world in the next decade. Five of the top ten risks identified were climate-related. As such, governments, central banks, and other financial institutions are being called to action.
According to the United Nations (UN), Asia-Pacific is one of the regions that is most vulnerable to climate change risks. Globally, there have recently been extreme weather events, such as widespread forest fires and rising sea-levels, and Hong Kong saw its hottest summer on record.
Hong Kong Monetary Authority (HKMA)
A CEO s guide to steering a sustainable business theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
March 28, 2021
You are here: Home / Business / For climate policies to stay on track we must prepare for transition risks
For climate policies to stay on track we must prepare for transition risks
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Aengus Collins, Deputy Director and Head of Policy, EPFL International Risk Governance Center & Rainer Sachs, Founder, Sachs Institute
2021 could be a pivotal year for climate policy as a growing number of countries and companies increase their environmental ambitions.
Ahead of COP26 policymakers must prepare for “transition risks” that increasingly bold climate policies are likely to trigger.
Youth in India: Susceptibilities and Opportunities
Youth comes but once in a lifetime.
~Henry Wadsworth Longfellow
The youth are the backbone of any society. Youth is the time of life when one is young, and it often means the time between childhood and adulthood (maturity). Youth is an experience that may shape an individual’s level of dependency, which can be marked in various ways according to different cultural perspectives. When nourished, young people can grow like a giant tree but can erupt like a volcano if not adequately groomed or cared for. No country can afford to ignore this segment of the nation.