Opinion / #insurance
The rapid uptake of alternative fuels in shipping is outpacing international liability regimes – leaving gaps in protection against spills and accidents.
Clean energy investments in developing countries are slowed by an outdated banking rulebook from the 2008 financial crisis. At New York Climate Week, leaders should rethink the Basel Framework and its impacts on finance flows.
Pursuing a sustainable blue economy requires striking a delicate balance between using the ocean’s resources and respecting its natural limits, especially amid the escalating climate crisis.
The Federal Reserve is perhaps the most significant independent economic actor in the US. Yet it has surrendered to Trump – the Fed Board withdrew from a global network that brought together central banks to improve climate risk management.
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