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  • News & article

    Central banking must go green

    Oped, Published on 20/09/2022

    » Just as there is no question that climate change brings enormous economic and financial risks, there should be no question that central banks can and must play a role in addressing this mother of all market failures. As central banks in the United States and Europe tighten credit to regain control of inflation, they should also use their supervisory and monetary-policy tools to catalyse and incentivise the transition to a carbon-neutral economy. Inaction is not an option, even if most central banks have not officially incorporated climate-risk management into their mandates.

  • News & article

    A faster route to greener shipping

    Oped, Published on 07/09/2022

    » Delegates from over 190 countries recently gathered in Lisbon for the UN Ocean Conference, the most important event on this issue this year. Opening the meeting, UN Secretary-General António Guterres urged governments "to raise their level of ambition for the recovery of ocean health".

  • News & article

    Manchin's small step a big leap for mankind

    Oped, Published on 03/08/2022

    » On a celebratory night in late 2016, the Arc de Triomphe and the Eiffel Tower were lit up in green to remind the world to implement the Paris climate agreement. Yet in recent years, climate legislation in the United States has been stuck at a red light, most recently because Joe Manchin, a conservative-leaning Democratic US Senator from West Virginia, single-handedly made a hostage of America's commitment to the Paris agreement's decarbonisation targets.

  • News & article

    Climate goals call for less rivalry

    Oped, Published on 20/07/2022

    » Climate change is an existential threat that sheds new light on the US-China rivalry. The rise of China has shaken the post-Cold War liberal order and the West has been preoccupied with whether to engage or contain China, or both.

  • News & article

    Act now on sustainability goals

    Oped, Published on 14/07/2022

    » The start of a "Decade of Action" to achieve the United Nations' Sustainable Development Goals (SDGs) has also marked beginning of an unprecedented period of overlapping crises.

  • News & article

    Saudi Arabia swings again -- but for how long?

    News, Published on 04/07/2022

    » Fluctuating Chinese demand has contributed to this year's volatility in international oil prices. But the latest evolution on the supply side will have immediate geopolitical and financial implications that go well beyond the oil market. Specifically, Saudi Arabia has returned as the most important swing producer and thus the most influential marginal price-setter. But how long this situation will last is unclear.

  • News & article

    Green hydrogen revolution on way

    Oped, Published on 06/07/2022

    » Human-induced climate change is causing dangerous and widespread environmental disruption and affecting the lives of billions of people around the world. According to the Intergovernmental Panel on Climate Change, the world faces unavoidable climate hazards over the next two decades. But, with average annual global greenhouse-gas emissions reaching their highest levels in human history between 2010 and 2019, we are simply not doing enough to limit global warming to 1.5° Celsius.

  • News & article

    Climate needs urgent actions now

    Asia focus, Nareerat Wiriyapong, Published on 27/06/2022

    » Cities around the world are no strangers to riverine flooding. In December 2021, the four main rivers running through Kuala Lumpur hit dangerous levels, causing nearby rail lines to shut down and halting mobility across the city. In March this year, storms prompted flood warnings along Australia's east coast, including in Sydney. Thousands of residents had to flee their homes.

  • News & article

    On the right track

    Oped, Postbag, Published on 14/06/2022

    » Re: "Chadchart plots campaign to plant 1 million trees", (BP, June 4, 2022).

  • News & article

    Understanding the rise of 'new nationalism'

    Oped, Published on 16/06/2022

    » The euphoria after the fall of the Berlin Wall in 1989 was not just about what Francis Fukuyama called an "unabashed victory of economic and political liberalism". It was also about the decline of nationalism.

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