Hyper-hot weather is changing Asia’s travel map “All destinations are doing their best to make sure they remain competitive when it comes to tourism. They know climate change is part of their strategy. They have to address these challenges.” www.cnn.com/2026/07/11/t...
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Climate Risk Economics
Профиль VivelyScience, analysis, and news around climate change's impacts on the economy, focusing on growth, inflation, investment, companies, consumers #ClimateRisk #ClimateImpacts
Tropical nights come to Europe “That underlying night-time heat stress on the body is costing money. People go to work, their hand-eye co-ordination is off, they make mistakes, they hurt themselves, they hurt other people"... www.ft.com/content/d78e...
“These record-breaking heatwaves show once again that the climate crisis isn’t a future threat. The impacts are here with us today with extreme heat having an impact on our nation’s health, economy and public services.” www.ft.com/content/bdba...
More than 2,700 deaths linked to UK heatwavesFor the first time on record temperatures of 35C or higher had been recorded in May, June and July of the same year in UKwww.ft.comHeat extremes in Western Europe are increasing much faster than models predicted and, even more concerning, none of the models can simulate the intensity of these heatwaves... www.lemonde.fr/en/opinion/a...
Drought shrivels French wine harvest prospects France's scorching summer is stunting grape growth in wine regions including Champagne, Bordeaux and Burgundy, threatening a smaller crop and bringing one of the earliest harvests on record, producers said on Tuesday www.reuters.com/business/env...
The Oxford Martin Principles for Climate-Conscious Investment aim to inform investment and engagement decisions that support the net-zero transition. 3 key criteria: Commitment to Net-Zero Emissions Profitable Net-Zero Business Model Quantitative Medium-Term Targets ora.ox.ac.uk/objects/uuid...
ora.ox.ac.ukHow extreme weather makes life more expensive for Canadians, stresses Statistics Canada "The composition of cost factors has shifted meaningfully over time, with extreme weather now one of the dominant forces reshaping Canada's home insurance market"... www.cbc.ca/news/canada/...
Acute heat shocks generate sharp but transitory declines in bank lending to companies, persisting for up to five years, while chronic warming triggers a persistent decline in lending, lasting up to eight years, according to this @banquedefrance-off.bsky.social paper
Green Central BankingAs Europe faces its third heat wave of the summer, bank lending is likely to go down. A working paper from the Banque de France finds banks lend less during heatwaves. #climate #climatechange #heatwave
The U.S. Global Change Research Program is now headed by Matthew Wielicki... (end of joke) www.politico.com/news/2026/07...
The administration has a new climate change office. It’s headed by a climate critic.The office that produces the National Climate Assessment has been reconstituted, after the administration gutted it last year.www.politico.comHow Climate Change Could Raise Your Water Bill Extreme weather is already fueling higher insurance premiums and grocery prices. Water rates are also at risk... www.bloomberg.com/news/article...
Climate change-driven heat, weather extremes impact specialty crop farmers Heatwaves, floods, drought and late-spring frosts are all worrisome and can adversely affect crops throughout the year “We don’t ever seem to have a typical year anymore"... apnews.com/article/heat...
Climate change could significantly weaken Italy's long-term economic growth and make its already heavy public debt burden harder to sustain, with output potentially lowered by up to 6% by 2050 www.reuters.com/business/env...
As climate change damages streets and highways, the road ahead may be expensive "Now, as temperatures are hotter, you're starting to see the dynamics of those extremes take hold, exceeding the design thresholds of those infrastructures and their particular assets." www.npr.org/2026/07/07/n...
New study by CMCC: "without adequate climate policies and adaptation measures, Italy’s GDP could be up to 6 percentage points lower by 2050 than in a scenario without climate-related damages" www.cmcc.it/article/clim...
"Policy-makers lack the tools to anticipate the macroeconomic and financial effects of ecosystem degradation, eg, on growth, inflation, employment or financial stability", stresses the Banque de France as it announces a new research effort on nature risks www.banque-france.fr/fr/communiqu...
New Jersey’s Hell Week Is a Warning for Everyone, writes @markgongloff.bsky.social "All of this leaves us with a choice. We can keep plodding along, scrambling to clean up after each new disaster that puts fresh strain on already rickety and outmoded systems..." www.bloomberg.com/opinion/arti...
Lake Powell, a vital reservoir, plunges toward unprecedented low levels as water crisis deepens in US west Nearly 6m households and businesses rely on the power generated by Lake Powell’s Glen Canyon power plant. "It’s caused by a warming climate, period.” www.theguardian.com/us-news/2026...
Private Equity Turns to Heat Detectives as Climate Risks Intensify Erratic weather is forcing private equity investors to scrutinize a new source of financial risk: whether assets in their portfolios can withstand a changing climate... www.bloomberg.com/news/article...
Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. Also, the ECB said on Tuesday it will mark down the value of collateral that poses a climate risk, to guard against possible losses... www.bloomberg.com/news/article...
Heatwaves have quietly graduated from "weather event" to "macro variable", warns ING Bank "For years, heatwaves were treated the way insurers treat hailstorms: a regrettable but temporary cost, smoothed out over the cycle. That framing is becoming outdated"... think.ing.com/articles/hea...