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
Climate change
Delivering Sustainable Infrastructure
Most people have heard the old Indian parable of how six blind men construe an elephant to be respectively a wall, spear, snake, tree, fan, and a rope because of their physical experience with the animal. A lesson of the parable is that people can easily interpret the same concept in different ways based on their own experiences. Interpretations can be so dissimilar as to lead … [Read more...] about Delivering Sustainable Infrastructure
Do electric cars really reduce CO2 emissions?
Countries such as Chile and Jamaica are encouraging the deployment of electric cars, even while they produce electricity from fossil fuels. While it may seem counterintuitive, promoting electric vehicles in countries where electricity comes from coal does help to fight climate change. The key is to consider the long-term in the analysis. Let me explain. Some argue that it … [Read more...] about Do electric cars really reduce CO2 emissions?
3 reasons the private sector should invest in Nature-based Solutions to become more climate resilient
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
Climate Change: does 0.5 ° C make a difference?
The Intergovernmental Panel on Climate Change (IPCC) launched a warning call, emphasizing the benefits of keeping the temperature rise below 1.5 degrees, as to date our planet is living the consequences of an increase of temperature between 0.8 ° C and 1.2 ° C on average. The countries that signed the Paris Agreement and committed to taking climate action should look for new … [Read more...] about Climate Change: does 0.5 ° C make a difference?