A working paper posted on the Reserve Bank website says central banks need to shift from backward looking to forward looking data to improve their modeling of climate-related risks to the financial sector.
Although SA has strong commitments to tackle climate change, its contradictory policies are among the barriers to implementation. This includes the delayed decommissioning of coal-fired power stations which risks the country meeting its 2030 targets, a report shows.
President Cyril Ramaphosa this week signed into law the Climate Change Bill, equipping society with tools needed to hold government and business accountable to commitments to reduce greenhouse gas emissions.
Britain’s royal family on Wednesday set out its latest plans to reduce its carbon footprint, including the installation of heat pumps at the centuries-old Windsor Castle near London.
Monday, 22 July was again the hottest day on record, according to preliminary data from a European Union monitoring agency, inching past Sunday, 21 July which had just taken the title.
In the dark depths of the Pacific Ocean, scientists have discovered oxygen being produced by strange potato-shaped metallic lumps that give off almost as much electricity as AA batteries.
Eskom’s licence to continue operating unit 1 of Koeberg for 20 years is subject to conditions. Failing to meet these would see the National Nuclear Regulator revoke it.
Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its decarbonisation push, according to an updated draft of its energy and climate plan.
A decades-long quest for the “ultimate hunter”, spanning multiple expeditions in Namibia, culminated in the discovery of a new species of skeletons that bridges the gap between aquatic and terrestrial life.
Forestry, Fisheries and Environment Minister Dion George says he is not opposed to Eskom’s emissions exemptions, but will hold the power utility to account.
Roughly three years following a chemical spill at a warehouse of agrochemical company UPL South Africa, affected individuals from Durban have approached the court as they seek compensation for damages.
The recent floods in Brazil and Europe, droughts in the US, and extreme heat across Africa and Asia provide evidence that the economic impact of climate change can no longer be ignored, writes Irene Lauro.