About: climate risk

Cost-benefit analysis does not work well for wicked problems like climate change

What is the monetary value of being able to breathe in Beijing or New Delhi without discomfort? Beyond the simple numerical challenges, cost-benefit analysis has an inherent ethical blind spot, writes Kevin Noone.
Climate change 07-06-2019

When climate action means better roads

The European Investment Bank is stepping up its climate adaption projects in developing countries, and that means building roads and infrastructure that can better cope with natural disasters, write Luca Lazzaroli and Léon Faber.

A new European agenda for climate resilience

As the 2019 EU elections loom and a new European Commission takes office, climate action can become a key driver of a reformed EU project for more solidarity, protection and innovation, writes Luca Bergamaschi.
Climate change 14-12-2018

Climate change is a problem of politics, not science

The scientific, economic and social arguments for aggressive action on climate change are powerful. Our political leaders are now at a fork in the road and our children and grandchildren are watching, write Valérie Masson-Delmotte and Jiang Kejun.

Green transition: ECB and budgetary authorities should face their responsibilities

Reforming the rules for coordinating budgetary and economic policies in the eurozone is a necessity to conciliate economic, social and climate objectives, write Olivier Bodin and Michael Vincent.

Sustainable finance requires a change in incentives

Hurricane Harvey’s trail of carnage through Houston, the oil capital of the US, was a stark reminder of the effect that climate change can have on our economy, writes Peter Blom.

Opening new frontiers in green finance

What do Islamic investors and EU bureaucrats have in common? Both have entered the green bond market this summer, explain Harald Lund and Elisabeth Lannoo.

Reshaping the financial system as a tool for good

The European Commission's High Level Expert Group on Sustainable Finance delivered its interim report today (13 July). Ingrid Holmes, one of the members of the group, explains how the financial system can help address long-term challenges such as climate change.

Why investors want greater ambition for the Clean Energy Package

The goals of EU energy policy going forward must be ambitious if European countries want investors to provide the capital required to realise a smooth transition to a low-carbon economy and the growth this could generate, writes Stephanie Pfeifer.
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