09 August 2023 - The global economy is addicted to the relentless – and unsustainable – extraction of natural resources. Yet despite our complete dependence on nature, its contribution – for example, the water used to make your clothes or the soil in which your food...
Rethinking Finance - Related Content
Rich nations need to commit to a new global financial pact
15 June 2023 - Over 25 economists and thought leaders are concerned that the summit for a new global financing pact, which takes place in Paris on 22 and 23 June, will not deliver its original ambition of increasing financial solidarity with low-income countries. When...
How is climate change mitigation affecting low- and middle-income countries?
16 August 2022 - As the planet continues to cook, so grows the need for effective climate mitigation and adaptation strategies. Such strategies are starting to unfold, but their impacts need to be examined carefully. While they are essential for saving life on planet...
Absorbing the Shock of the Energy Transition
07 July 2022 - Russia’s war on Ukraine has sent shockwaves around the world. Oil prices have skyrocketed and food prices have soared bringing political instability. The last time food prices were this volatile, riots erupted across the Arab world and from Burkina Faso...
Large number of MEPs object to the inclusion of gas and nuclear in the EU taxonomy – but vote passes
06 July 2022 - Today, a substantial number of Members of the European Parliament have objected to the Complementary Climate Delegated Act of the Taxonomy Regulation. This act labels gas and nuclear as sustainable investments. An absolute majority of MEPs would have...
MEPs must help the EU recover from its taxonomy madness
29 June 2022 - Europe’s addiction to fossil fuel corrodes our energy security and locks us into a pathway of irreversible and hostile change to our planet’s climate. Emissions from gas, oil and coal bombard our planet’s oceans with heat equal to five Hiroshima-size...
JP Morgan’s misinformation on the clean energy disruption
01 February 2022 - The JP Morgan Asset and Wealth Management Annual Energy Paper is one of the most influential publications among global investment and business leaders in the energy sector. But JP Morgan Chase’s 2021 Annual Energy Paper is a deeply flawed piece of...
Reaction to EU draft Taxonomy Complementary Delegated Act
05 January 2022 - On 31 December 2021, the European Commission sent a request for feedback to the Member States Expert Group on Sustainable Finance and the Platform on Sustainable Finance on a draft text of a Taxonomy Complementary Delegated Act covering certain gas...
The EU Taxonomy: Natural gas and nuclear power are not sustainable investments
26 November 2021 - On 1 December 2021, the European Commission is expected to publish the supplementary EU Taxonomy Climate Delegated Act. The Club of Rome is calling for the taxonomy to support global climate goals and not allow progress to be undermined by national...
COP26: Forgoing the planetary emergency and adopting incrementalism
19 November 2021 - There’s no denying that the UN Climate Talks in Glasgow had some successes. The commitments on closing the rulebook on carbon markets, deforestation, coal divestment, internal combustion engine phase out, and methane reduction are important if they...