Time for EU bank to comply with EU’s climate objectives | EURACTIV.com


The climate clock is ticking. Every day we hear of a new species of fish that is likely to go extinct due to the steady rise of temperatures, or another glacier that will melt, or another community that will struggle to survive.

In its latest report, the Intergovernmental Panel on Climate Change (IPCC) described the devastating and even irreversible consequences of global warming beyond 1.5°C. To keep the 1.5°C objective within reach, the IPCC called for an immediate and unprecedented economic shift. Profound changes in our society thus need to happen, and to happen fast.

The report warns that at current emissions rates, the world would breach 1.5 degrees by around 2040.

Source: Time for EU bank to comply with EU’s climate objectives – EURACTIV.com

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