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Leading scientists praise UNESCO's draft decision on the Great Barrier Reef


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Five world-renowned scientists have signed a letter to UNESCO Director-General Audrey Azoulay to thank UNESCO for its leadership in recognising the threat of climate change to the Great Barrier Reef World Heritage property.
Professor Terry Hughes, Professor Ove Hoegh-Guldberg, Dr Sylvia Earle, Professor Johan Rockström and Professor Andréa Grottoli sent the letter last night from Australia.
Last month, UNESCO released a draft decision recommending the Great Barrier Reef be inscribed on the List of World Heritage in Danger.
The scientists letter is a strong show of support for UNESCO from some of the most revered coral reef experts in the world. ....

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Accounting for finance is key for climate mitigation pathways


A new study published in the journal
Science, highlights the opportunity to complement current climate mitigation scenarios with scenarios that capture the interdependence among investors perception of future climate risk, the credibility of climate policies, and the allocation of investments across low- and high-carbon assets in the economy.
Climate mitigation scenarios are key to understanding the transition to a low-carbon economy and inform climate policies. These scenarios are also important for financial investors to assess the risk of missing out on the transition or making the transition happen too late and in a disorderly fashion. In this respect, the scenarios developed by the platform of financial authorities known as the Network for Greening the Financial System (NGFS) - a platform of over 80 financial authorities around the globe who take an active interest in advancing the transition toward a sustainable world economy - have been a major step to provide inv ....

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