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Financial regulators now recognise climate change as a source of financial risk. This column documents that the volatilities of oil and gas stock returns co-move globally in response to various geo-political shocks, but global turmoil from climate news only materialises when it is negative and worldwide. Its effects are then amplified by oil price movements but weakened by stock market shocks. To build climate resilience, regulators must consider such climate-related shocks to the financial system and encourage global climate policies and investment in low-risk, green projects.

I was a youngster when Ken Saro-Wiwa died and other than the fact that he was an activist fighting the repressive and rapacious military government, I

I have no doubt that the president will find a strategic partner in the Institute of Ecology and Environmental Studies, OAU Ile-Ife, if

The government’s plans to hit net zero have been comprehensively criticised in a withering report by its own advisers that says targets are being missed on nearly every front.

UK has lost leadership in climate action and almost all targets are being missed, Committee on Climate Change finds