Temperature records on land and at sea are being broken at an alarming pace, shows research from the World Meteorological Organisation, a UN agency, as the impacts of climate change are increasingly felt. The international political will needed to slash emissions in line with science and slow global warming is, however, sorely lacking.
In the face of this inertia, divesting from fossil fuel companies may be the strongest net-zero tool banks have at their disposal, argues Hans Stegeman, chief economist at Triodos, a sustainable bank headquartered in the Netherlands.
