Organization for Economic Cooperation and Development News

Wall Street Faces $22 Trillion Ticking Carbon Time Bomb

The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative—that fossil-fuel use is destroying the atmosphere and life on Earth with it. It’s that their …

Floods & Drought Amid Climate Change Cost Global Economy Billions: Oxford

A new report on water insecurity says floods and drought amid climate change and a lack of investment in reliable water supplies is weighing on the global economy by tens of billions of dollars a year. “Water is productive and …