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In Hottest City on Earth, Mothers Bear Brunt of Climate Change
Date: June 14, 2022
(Refiles with new link to photo essay in bullet points.) By Charlotte Greenfield and Gloria Dickie JACOBABAD, Pakistan (Reuters) -Heavily pregnant Sonari toils under the burning sun in fields dotted with bright yellow melons in Jacobabad, which last month became the hottest city on Earth. Her 17-year-old neighbour Waderi, who gave birth a few weeks...

EU Lawmaker Panels Object to ‘green’ Label for Gas, Nuclear Investments
Date: June 14, 2022
By Kate Abnett BRUSSELS (Reuters) -Two European Parliament committees on Tuesday backed an attempt to stop the EU labelling gas and nuclear energy as climate-friendly investments, setting the stage for a full parliament vote on whether to reject the rules next month. Parliament’s environment and economic committees supported a resolution which attempts to block a...

Euro Most Resilient to Climate Change, Yuan Most Exposed – Barclays
Date: June 14, 2022
By Joice Alves LONDON (Reuters) – Climate change could play out to the advantage of the euro, while China’s yuan and the Japanese yen are set to suffer the most without greater efforts to mitigate the effects of global warming, Barclays said in a report. The British bank mapped the effects of climate change on...

Britain’s Lgim Votes Against Fewer Companies for Climate Failures
Date: June 14, 2022
By Juliette Portala (Reuters) – Legal & General Investment Management said on Tuesday it had voted against chairs at 80 companies this year for failing to meet its minimum climate change standards, down 35% from last year after it found more businesses had laid out decarbonisation ambitions. Firms in the oil and gas, banking and...

U.N. Chief Says the Dash for New Fossil Fuels Is ‘delusional’
Date: June 14, 2022
By Kate Abnett BRUSSELS (Reuters) – Rich countries have made a dangerous dash for fossil fuels in response to the Ukraine war, the U.N. secretary-general said on Tuesday, warning that new investments being made in coal, oil and gas were “delusional” given their impact on climate change. “The energy crisis exacerbated by the war in...

Deloitte Research Reveals Inaction on Climate Change Could Cost the World’s Economy US$178 Trillion by 2070
Date: June 13, 2022
By contrast, the global economy could gain US$43 trillion over the next five decades by rapidly accelerating the transition to net-zero Key highlights: Deloitte’s Global Turning Point Report finds that unchecked climate change could cost the global economy US$178 trillion over the next 50 years, unless global leaders unite in a systemic net-zero transition The...
