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Since the remarkable “Breaking the Tragedy of Horizon” speech by Mark Carney, Governor of the Bank of England, in 2015, climate-related risks entered the agenda of concerns for the financial supervisor and regulator. Two years later, in December 2017, eight central banks and supervisors (including Banco de Mexico) established the Network of Central Banks and Supervisors for … [Read more...] about Central banks and financial supervisors are starting to think big on climate change

In the past few years, ‘Nature-based Solutions’ has emerged as a new umbrella term for measures “inspired and supported by nature”. Nature-based Solutions may include a range of urban, coastal and land-based approaches, such as coral reef restoration, afforestation, watershed creation, green roofs and facades and more. These types of ecological approaches that utilize the … [Read more...] about 3 reasons the private sector should invest in Nature-based Solutions to become more climate resilient

The waters of the Gulf of Montijo in Panama are warming up, effectively driving fish and the fishermen depending on them further out where temperatures are cooler. At the same time, the coast line is eroding, pushing tourists to opt for other beaches. This is why artisanal fishermen and micro tourism entrepreneurs in coastal communities, who are suffering the consequences of … [Read more...] about Panama: Adapting Fishing and Tourism to Climate Change

    The world has, for some time now, been keenly aware of the challenges that poor environmental management poses to our common future – threatening human health, peaceful societies, and long-term economic sustainability. 2016 was the hottest year on record due to man-made climate change. Smog has increasingly blighted many cities and an estimated 18,000 … [Read more...] about Green Finance: The Key to Unlocking Sustainable Development