CHOP-26

18 March 2020 By George Hay Follow @gfhay

The Covid-19 outbreak could distract politicians from agreeing cuts to global emissions. The resulting slump in crude prices also removes pressure to ramp up renewables. But behavioural and societal changes to halt the pandemic may prove more potent in tackling global warming.

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International climate talks scheduled for Glasgow in November have been thrown into doubt as the global clampdown on travel intensifies because of the coronavirus pandemic, the Financial Times reported on March 18.

Government officials said it was becoming increasingly likely that the annual United Nations gathering would be postponed.

BlackRock on March 18 unveiled five areas in which it will put pressure on companies in its investment portfolios to act. These are: greater disclosure of environmental risks and opportunities; clearly laying out capital strategy and allocation using environmental sustainability guidelines; compensation that promotes long-term performance; ensuring boards are diverse, accountable and effective; and devising policies to ensure a stable and engaged workforce.

Context News

Government officials said it was becoming increasingly likely that the annual United Nations gathering would be postponed.

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