Francesco Bassetti

Over 1 Million Species Threatened With Extinction

In an unusually alarming tone, a new UN report reveals that nature’s decline has reached “unprecedented” levels, with species extinction rates increasing and global responses remaining insufficient. The erosion of the environment and its wellbeing is the most damming assessment yet of man’s impact on Planet Earth and reiterates the need for transformative change to restore and protect nature.

Sir. David Attenborough Gives us the Facts on Climate Change

On the 18th of April the BBC brought the familiar and soothing voice of David Attenborough back to TV screens with a new documentary: Climate Change – The Facts. However, this time, his silky voice carries a sense of urgency, taking the viewer on a heart wrenching journey that issues a clear warning: the climate is changing and we have to listen to the facts.

When Renewables are Cheaper: Coping With the Coal Cost Crossover

The coal cost crossover is when renewables become less costly than using coal. A new report reveals that the USA has officially entered this point, whereby approximately 75% of coal production is more expensive than renewables, with the US coal industry to be completely out-competed on cost by 2025. However, how this energy transition will affect local communities remains unclear.

Disbanded Climate Group Reconvenes

The climate change advisory panel disbanded by Trump in 2017 has regrouped. They warn that the US economy is set to lose $500bn due to extreme weather events and aim to develop science-based methods to support local communities in implementing mitigation and adaptation strategies.

Decarbonisation Needs “A Marshall Plan for Climate Readiness”

The IPCC special report on the impacts of global warming tells us that, although the planet is getting hotter, it is still possible to remain within the 1.5 °C mark set out in the Paris Agreement. However, for this to be achieved nothing short of reaching net zero emissions by 2050 will suffice: policymakers are looking to decarbonise the economy.

The EU and China See Eye to Eye on Climate Change

Xi Jinping’s official trip to Europe revolved around multi-billion-euro business deals including fourteen large contracts; a Chinese order for 300 Airbus planes worth 30 billion euros; transport and infrastructure plans under the Belt and Road Initiative (BRI); and, surprisingly, commitments to invest in renewable energy and fight climate change by upholding the Paris Agreements.

830 Billion in Investments: The Mission is Possible

Climate Finance is the key to drive urbanization toward Smart Cities. It also means shifting investments towards building a vision of our common future. And we already know how to do it, on both global and regional scales.