THE BRIEF [Mar 4-10'24]
Global warming worse for women-led families, Insure Our Future campaign, different energy risks for low carbon energy and big meat is lying.
Welcome to this week’s edition of The Weekly Climate 🎉
References: [1], [2], [3], [4], [5] and [6].
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‼️News you can’t miss
Here’s one important scary/bad (🙀), good (😻), interesting (😼) and fossil (💩) news item.
🙀 Global warming is worse for women-led families
😻 Insure Our Future campaign focussing on getting insurance companies off fossil fuels
😼 Different energy risks with low carbon energy compared to fossil fuel based
💩 Big meat is lying about sustainability and here’s who’s helping them
This week’s highlights
[#anthropocene] — A proposal to officially declare the start of the Anthropocene, a new interval of geologic time defined by humanity's impact on the planet, has been voted down by a panel of experts. The proposal, which has been debated for nearly 15 years, aimed to acknowledge the profound changes caused by human activity. However, scientists argued that the proposed definition was too limited and recent to capture the full extent of human impact on Earth. The decision means that the current geologic epoch remains the Holocene, which began 11,700 years ago.
[#moneylaundering] — Organizations in Brazil are considering using money laundering rules to combat illegal deforestation. French NGO Sherpa filed a complaint against French banks BNP Paribas, Crédit Agricole, BPCE, and Axa, calling for a criminal investigation into their financial support for Brazil's beef companies contributing to deforestation. This is the first criminal complaint against French banks based on money laundering and concealment related to deforestation. The complaint highlights the need for due diligence processes to prevent funding of deforestation activities. The case could set a precedent for similar cases in other jurisdictions.
[#debt] — A new U.N. report highlights how climate change is driving climate-vulnerable nations, like the Bahamas, deeper into debt, hindering their ability to provide basic services. The Bahamas has taken on billions of dollars in debt for reconstruction after major hurricanes, impeding spending on programs like food assistance and unemployment benefits. The report calls for concessional loans, debt cancellation, and contributions to the Loss and Damages Fund to support climate-vulnerable nations.
That’s it for this week folks!
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See you all next week 👋