While the COVID-19 pandemic has given the world economy and unprecedented shock, Europe’s banks have weathered the initial impact relatively well, according to a report by the sector watchdog the European Banking Authority (EBA).

“Compared with the previous crisis, Read more

High-impact threats such as climate change are moving up the agenda as board rooms reassess their priorities in light of the current pandemic, according to the World Economic Forum.

The influential body suggests that boards take six steps Read more

East Africa could suffer a drop in GDP growth because swarms of locust have been devastating crops in countries in Africa including Ethiopia and parts of Kenya and Uganda, according the ratings agency Fitch.

The swarms are the Read more

Firms and auditors face a climate reporting shakeup as the industry regulator the Financial Reporting Council (FRC) has announced a major review of how companies and auditors assess and report on the impact of climate change. The FRC has Read more

Climate threats dominate the World Economic Forum’s (WEF) long-term risk outlook in its Global risks report 2020 for the first time in its history. They also comprise three of the five most impactful threats to the planet (see long Read more

The bush fires that have ravaged Australia since September 2019 have reignited climate debate among the country’s politicians.

Long-known as a climate change sceptic, Australian Prime Minister Scott Morrison has apparently shifted his position on the country’s approach to Read more

Only 10 per cent of banks are taking a strategic view of climate change – with an average planning horizon of just four years, according to Transition in thinking: The impact of climate change on the UK banking sector Read more