Natural disasters and extreme weather events are on the rise. The impact of droughts, extreme temperatures, hurricanes and wildfires have all increased over the last 60 years. But it is floods that has taken the biggest toll on the world in recent times. Continue reading
TOKYO, June 22, 2017 — A report released today by four NGOs – Rainforest Action Network, BankTrack, Sierra Club and Oil Change International – revealed that the world’s biggest banks, including Japan’s three megabanks, are failing to respond to climate risks through their continued financing of extreme fossil fuels. Continue reading
The Task Force released its final Recommendations report and supplemental materials on Thursday, June 29, 2017.
The Task Force previously released its draft Recommendations Report in December 2016. The draft report was made available for a 60-day public consultation period. The public consultation period closed on February 12, 2017. A summary of the public consultation findings is available here. Continue reading
The Financial Stability Board (FSB) has welcomed the publication of the recommendations for effective disclosure of climate-related financial risks published today by the industry-led Task Force on Climate-related Financial Disclosures (TCFD). Continue reading
This report looks at climate change and conflict issues through the lens of sensible risk-management to draw new conclusions about the challenge faced in Australia. These climate change risks are either not understood or wilfully ignored across the public and private sectors, with very few exceptions, and include climate-driven humanitarian crises, forced migration, political instability and conflict. The Australian government must ensure Australian Defence Force and emergency services preparedness, mission and operational resilience, and capacity for humanitarian aid and disaster relief, across the full range of projected climate change scenarios. Continue reading