In a changing climate, the financial sector will more than ever need precise data, predictions and projections to assess investment risks and identify opportunities. Having reliable information at hand will help to accelerate the switch to a climate-resilient global economy.
Recent years have seen the financial sector under pressure to help deliver climate adaptation and mitigation actions and make greener investment decisions. Now, with the world contemplating a post-pandemic green recovery, expectations are mounting for banks and investors to drive that greening in more transparent ways.
Keeping dangerous warming below 1.5 °C and achieving net-zero emissions by 2050 comes at a long-term price. According to the UN, globally, we need to invest between $5 and $7 trillion per year to achieve the Sustainable Development Goals (SDGs) to combat global challenges such as climate change – far from the estimated $3 trillion per year currently discussed. However, financial institutions �
2020 Annual Results: SCOR absorbs the shock of Covid-19, recording a net income of EUR 234 million in 2020, and proposes a dividend of EUR 1.80 per share
2020 Annual Results
recording a net income of EUR 234 million in 2020,
and proposes a dividend of EUR 1.80 per share
2020 was marked by the historic global shock of Covid-19, as well as by a series of natural catastrophes and large man-made losses. SCOR successfully passed this real-life stress test, once again demonstrating the resilience of its business model and its shock-absorbing capacity. The Group accomplished its mission, honoring all its commitments to its clients and contributing to the protection of the people and property affected by these losses, while delivering a good set of results.
2021 should be a Year of Transformation dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.
1 February 2021 (UNEP) In February 2021, representatives of the 193 Member States of the UN, businesses leaders, civil society and environmentalists from around the world will come together virtually for the fifth session of the United Nations Environment Assembly (UNEA), the world’s highest environmental decision-making body.
Photo by UNEP / 01 Feb 2021
The UN Environment Programme (UNEP) answers frequently-asked questions about this biennial assembly, which aims to galvanize international action on climate change, pollution and ecosystem loss.
Given the enormity of challenges the world is facing, why are environmental conferences like UNEA important?
UN Secretary-General, Antonio Guterres has said it best: Humanity is waging a war on nature. And this is suicidal. In 2020, the world faced flooding, wildfires, locust invasions and a pandemic that has brought life-as-we-know-it to a halt. The message could not be clearer.