Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Britain’s climate getting warmer, sunnier and wetter – Met Office

2021 07 28T230506Z 1 LYNXMPEH6R1N9 RTROPTP 4 CLIMATE CHANGE BRITAIN - Global Banking | Finance

By Nina Chestney

LONDON (Reuters) – Recent decades in Britain have been warmer, wetter and sunnier than in the last century, with last year the third warmest on record, a report by climate scientists said on Thursday.

The report points to how Britain’s climate is already changing as experts warn that extreme weather events, such as floods, heatwaves and droughts, will increase across the world due to the effects of global warming.

“Average temperatures for the UK continue to climb, with nearly a degree of warming when comparing the most recent 30 years with the preceding 30-year period,” said Mike Kenson, lead author and senior climate scientist at the Met Office.

The year 2020 was third warmest after 2014 and 2006, the fifth wettest and eight sunniest on record for the United Kingdom.

“No other year has fallen in the top-10 for all three variables for the UK,” the report said.

The State of the UK Climate report is based on observations of temperature, precipitation, sunshine and wind speed from the UK land weather station network managed by the Met Office.

“Our climate is changing and it is changing now and the science is clear that we will see more of it going into the future,” Kenson told journalists.

This month, catastrophic floods have swept across northwest Europe, an unprecedented heatwave sent temperatures soaring in Canada and wildfires are raging across the U.S. northwest and southwestern Canada, raising questions about how countries will protect infrastructure and deal with the changing climate.

Britain is due to host the United Nations’ Climate Change Conference COP26 in November, which is seen as a critical opportunity for countries to make more ambitious commitments to achieve net zero emissions by 2050 and keep the global average temperature rise to below 2 degrees Celsius this century, which was set under the Paris Agreement in 2015.

All of the top 10 warmest years for the United Kingdom in records dating back to 1884 have occurred since 2002, and, for central England, the 21st century so far has been warmer than the previous three centuries.

The most recent decade (2011-2020) has been on average 0.5 degrees Celsius warmer than the 1981-2010 average and 1.1C warmer than 1961-1990.

Britain has also been on average 6% wetter over the last 30 years (1991-2020) than the preceding 30 years (1961-1990). Six of the 10 wettest years in a series from 1862 have occurred since 1998, the report said.

The annual report, published in The Royal Meteorological Society’s International Journal of Climatology, was compiled by scientists at the UK’s Met Office, the National Oceanography Centre, the University of Cambridge, the Woodland Trust and Poland’s Poznan University of Life Sciences.

(Reporting by Nina Chestney; Editing by Alison Williams)

 

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post