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Report: 70% of central banks see climate change as a ‘major threat’

European Investment Bank

By Emily Holbrook, Environmental Leader Highlights: Regulatory institutions and central banks are beginning to consider climate change a threat to the world’s financial stability. 55% of central banks say they are monitoring climate risks, but some of them feel that governments should be the ones mitigating climate issues Central banks and regulatory authorities are beginning … Read more

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Majority of US adults believe climate change is most important issue today

By Sophie Bethune, American Psychological Association Highlights: A new study shows more than half of American adults worry about climate change. Adults who are concerned about the climate crisis are making lifestyle changes that address waste reduction, energy efficiency, flying less, and using more renewable energy The climate crisis is considered important enough to cause … Read more

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Jeff Bezos of Amazon Inc. commits $10 billion for climate solutions

By Karen Weiss, The New York Times Highlights: Jeff Bezos announced a new initiative titled the Bezos Climate Fund that aims to fund scientists, activists and non-governmental organizations– after being pushed by employees to address the climate crisis Amazon recently committed to a climate pledge, aiming to become carbon neutral by 2040– ten years ahead … Read more

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Locust swarms ravaging East Africa are the size of cities

By David Herbling and Samuel Gebre, Bloomberg Highlights: Swarms of desert locusts are devastating farms throughout East Africa. The outbreak is due to an increased amount of cyclones and sudden rainfall after a long dry spell, resulting in the perfect breeding conditions for locusts Further increases in climate change effects will cause more cyclones and … Read more

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Rhode Island becomes the first US state to commit to 100% renewables by 2030

by Carolyn Fortuna, Clean Technica, January 20, 2020 Highlights: The littlest state in the US has set the biggest goals for renewable energy.  Democratic governor Gina Raimondo of Rhode Island signed an executive order this month calling for an end to fossil fuel dependence in Rhode Island by 2030 The governor outlined her goal of … Read more

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World’s consumption of materials hits record 100bn tonnes a year

by Damian Carrington, The Guardian, January 22, 2020 Highlights: The report highlights that every person’s ecological footprint equates to 13 tonnes of materials per year Half of the 100.6 billion tonnes of material consumed in 2017 were sand, clay, gravel, and cement Only 8.6% of the material consumed is recycled and this percentage is falling … Read more

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‘Green Swan’ climate event could trigger global financial crisis, BIS warns

Green Swan

by Jana Randow, Bloomberg Green, January 20, 2020 Highlights: Climate change threatens to provoke “green swan” events that could trigger a systemic financial crisis unless authorities act against such risks, according to the Bank for International Settlements Many central banks already contribute to the effort by monitoring climate-related risks through stress tests, incorporating environmental, social … Read more

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Europeans, Chinese, Americans to fly less in 2020 to fight climate change

by Jan Strupczewski, Reuters, January 14, 2020 Highlights: A survey by the European Investment Bank (EIB), reveals that most Chinese, European, and U.S. citizens strive to limit their holiday aircraft emissions. “In the poll, 36% of Europeans said they already flew less for holidays to help prevent climate change and 75% intended to do so … Read more

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New Jersey executive order leverages land use rules to control where and what developers can build

Gov. Philip D. Murphy, a Democrat from New Jersey, (New Jersey National Guard photo by Mark C. Olsen) found on https://www.flickr.com/photos/njnationalguard/44910726671

by Tracey Tully, The New York Times Highlights: A New Jersey democrat has introduced legislation that requires new building projects to account for climate resiliency and mitigating environmental impacts such as GHG emissions in order to receive government approval The state is currently experiencing sinking, accelerated sea-level rise, and flooding along its 130-mile coastline The … Read more