A World Climate Bank?

Investment to control climate change will bring its benefits over an equally long period, and borrowing to finance this investment will have to have a comparable term. Few national governments could borrow for such a long term. The report A World Climate Bank, suggests a new international financial institution to underwrite this sort of debt. How could this bank operate, how can it be governed, and how could it maintain its solvency, solidity, and credibility over the required long horizon?

I interview the authors John Broome and Duncan Foley in this podcast, with an intervention by commentator Augusto Lopez-Claros.

Download the report on this page at the Global Challenges Foundation and listen to the podcast with some of the sharpest minds.

New solutions for global risks?

Sweden is hosting, together with Kenya, the UN’s climate conference Stockholm 50+. Fifty years after the UN’s first environmental and climate conference took place, the Stockholm Conference in 1972. It led to the ”do no harm” principle, namely that states are obliged to prevent, reduce and control the risks of environmental damage to other states. It also led to the creation of the UN Environment Programme UNEP and the establishment of World Environment Day, held on 5 June each year. Read more in the article New solutions for global risks? published in Opulens Global on 17th June.

Stockholm +50 – tröskel till nya lösningar på de globala riskerna?

”Den 2-3 juni arrangerar FN klimatkonferensen Stockholm+50, där Sverige står som värd tillsammans med Kenya. Då är det femtio år sedan FN:s första miljö- och klimatkonferens ägde rum, Stockholmskonferensen 1972. Den ledde till “gör ingen skada principen”, nämligen att stater är skyldiga att förebygga, minska och kontrollera riskerna för miljöskador på andra stater. Den ledde också till att FN:s miljöprogram UNEP skapades och att Världsmiljödagen inrättades, som hålls den 5 juni varje år.”. Läs vidare i artikeln Stockholm +50 – tröskel till nya lösningar på de globala riskerna? publicerad i Opulens Global den 2 juni.