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Mapping Europe's greener, post-Covid future


Mapping Europe’s greener, post-Covid future
As European economies emerge from the coronavirus crisis, the next challenge is building climate resilience throughout the continent. ECMWF can provide the climate data, tools, and analysis to make sure these efforts are a success, says Dr Carlo Buontempo, Director of the Copernicus Climate Change Service at ECMWF.
Source: European Centre for Medium-Range Weather Forecasts (ECMWF)
03 May 2021
The global economy really struggled during 2020 as a result of the COVID-19 pandemic. Did this have any noticeable effect on climate change?
As many societies shut down, we saw a drop in carbon emissions by about 7 percent, or around 2.3 billion tonnes. This is different to carbon concentrations in the atmosphere, which have continued to rise, albeit at a slightly slower rate. But the effects of climate change we’re already seeing today - the observed trends in European climate and the change in the occurrence of some extrem ....

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Landslides: New early warning systems reduce false alarms


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Many slopes in the Campania region are covered with layers of volcanic soil, the result of repeated eruptions over the course of millennia. As the impacts of climate change worsen, including the occurrence of very intense and short rainfall in localized areas, there is a growing need, especially in this and other Italian regions that are vulnerable to landslides, to understand the dynamics that induce such events more precisely and develop models that can predict them. When employed through adequate early warning systems, these tools can support decision-makers in adopting effective and efficient measures to protect people and the areas themselves from landslides. ....

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Climate data: the new key for finance decision making


In a changing climate, the financial sector will more than ever need precise data, predictions and projections to assess investment risks and identify opportunities. Having reliable information at hand will help to accelerate the switch to a climate-resilient global economy.
Recent years have seen the financial sector under pressure to help deliver climate adaptation and mitigation actions and make greener investment decisions. Now, with the world contemplating a post-pandemic green recovery, expectations are mounting for banks and investors to drive that greening in more transparent ways.
Keeping dangerous warming below 1.5 °C and achieving net-zero emissions by 2050 comes at a long-term price. According to the UN, globally, we need to invest between $5 and $7 trillion per year to achieve the Sustainable Development Goals (SDGs) to combat global challenges such as climate change – far from the estimated $3 trillion per year currently discussed. However, financial insti ....

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