"The climate math is brutally clear: While the world can't be healed within the next few years, it may be fatally wounded by negligence until 2020," said Hans Joachim Schellnhuber, founder and now director emeritus of the Potsdam Climate Institute. The sense that the end of next year is the last chance saloon for climate change is becoming clearer all the time. "I am firmly of the view that the next 18 months will decide our ability to keep climate change to survivable levels and to restore nature to the equilibrium we need for our survival," said Prince Charles, speaking at a reception for Commonwealth foreign ministers recently.
"Climate Action 100+ is a group of more than 360 investors with more than $34tn (£28tn) in assets under management. They are worried not just about damage to the planet, but about the long-term viability of their investments. In short, irreversible harm to the environment would reduce or even wipe out the value of those investments. This group, which includes influential institutional investors such as the Church of England Commissioners, aims to engage with "systemically important emitters" in which they hold shares to curb greenhouse gas emissions and improve governance. One of those firms is the oil giant BP, which recently had its annual general meeting." ... See MoreSee Less