Fed chair candidate Lael Brainard is worried more about the climate than inflation

If Lael Brainard is named the new chair of the Federal Reserve this week, she won’t be fretting about raising interest rates to combat inflation any time soon. Expect a central bank under Brainard’s stewardship to be more proactive about other things, though: climate change, for instance, and digital currencies. Brainard, an economist who has […]

No one knows how $80 billion in climate financing was spent in 2019

Over the past decade, rich nations and private enterprises have raised at least $500 billion to help developing countries cope with climate change. This financing plan, hatched in 2009, was supposed to build to an annual mobilization of $100 billion by 2020, and was designed to offset the unfairness of climate change—of poor countries suffering […]

Madagascar is suffering from a climate change famine

Madagascar is being hit by one of the modern world’s first climate change-induced famines—a disaster that underscores the profound unfairness of a planet heated up by carbon emissions. The famine, caused by a devastating, four-year drought, is placing at least 30,000 people in the most extreme stage of food insecurity: a level five famine, as […]

Madagascar is suffering from a climate change famine

Madagascar is being hit by one of the modern world’s first climate change-induced famines—a disaster that underscores the profound unfairness of a planet heated up by carbon emissions. The famine, caused by a devastating, four-year drought, is placing at least 30,000 people in the most extreme stage of food insecurity: a level five famine, as […]

The IPCC report predicts that South Asia will swing from droughts to floods

Man-made climate change will set off intense, frequent heatwaves in South Asia over the coming decades, according to a new report from the Intergovernmental Panel on Climate Change (IPCC). In tandem, the report said, the monsoon will strengthen over the subcontinent, leading to rain-fed flooding and humid heat stress, a combination of high temperature and […]