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Articles on Climate change

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Banks around the world are evaluating the potential impact of climate change and government regulation on their lending practices. Energy-intensive sectors, like coal and oil, tend to suffer most. (AP Photo/Martin Meissner)

What is a climate stress test? A sustainable finance expert explains

Regulators, banks and policy-makers use stress tests to uncover weak points in how financial institutions operate and identify changes that will help buffer them from harm.
Natural Resources Minister Jonathan Wilkinson is overhauling a methane-reduction program after a scathing report from Canada’s environment commissioner. THE CANADIAN PRESS/Justin Tang

Canada praised for climate leadership despite scathing watchdog report on climate-policy failures

As one of the few countries to have enshrined net-zero into law, Canada has earned praise for its climate leadership. Yet an independent report calls out its continued failures to reduce emissions.
One ‘mechanical tree’ is about 1,000 times faster at removing carbon dioxide from air than a natural tree. The first is to start operating in Arizona in 2022. Illustration via Arizona State University

These machines scrub greenhouse gases from the air – an inventor of direct air capture technology shows how it works

Klaus Lackner is finding new ways to cut the technology’s high costs and energy demand, and he’s about to launch the first ‘mechanical tree’.
Valerio Micaroni

Sponges can survive low oxygen and warming waters. They could be the main reef organisms in the future

Sponges are ancient marine animals and have already shown robustness against stresses from climate change. New research now shows they can also tolerate low-oxygen conditions.

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