Climate Change

"Louisiana's 50-Year Coastal Master Plan Seen as $71 Billion Short"

"Louisiana's projections for funding its 50-year master plan for coastal restoration and hurricane storm surge protection are at least $71 billion short of the inflation-adjusted $91.7 billion price tag, according to a study released Friday (Nov. 6) by the Tulane Institute on Water Resources Law & Policy."

Source: New Orleans Times-Picayune, 11/10/2015

"Banks Still Fail To Incorporate Climate Risks in Lending, Report Says"

"It's been more than a year since Boston Common Asset Management published a report on the financial sector's response to the climate change crisis. While it may not seem readily apparent how an industry with relatively low emissions from its own operations could be at risk, such a perspective fails to take into account the importance of Scope 3 emissions; specifically, in the case of banks, the emissions from their lending and underwriting portfolios."

Source: GreenBiz, 11/10/2015


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