Blog: Time for lenders to move on climate change risks
Blog: Time for lenders to move on climate change risks
Regulators, it is generally agreed, were asleep at the wheel in 2005-06, when the subprime-mortgage bubble was about to pop. Lawmakers certainly wondered if officials should, perhaps, have been doing more than just watching as subprime grew into a financial crisis. I’ll say. The regulatory system neglected to spot an approaching financial hurricane. As Robert ...
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Regulators, it is generally agreed, were asleep at the wheel in 2005-06, when the subprime-mortgage bubble was about to pop. Lawmakers certainly wondered if officials should, perhaps, have been doing more than just watching as subprime grew into a financial crisis. I’ll say. The regulatory system neglected to spot an approaching financial hurricane. As Robert ...
This story continues at Blog: Time for lenders to move on climate change risks
Or just read more coverage at Mortgage Financ...
Regulators, it is generally agreed, were asleep at the wheel in 2005-06, when the subprime-mortgage bubble was about to pop. Lawmakers certainly wondered if officials should, perhaps, have been doing more than just watching as subprime grew into a financial crisis. I’ll say. The regulatory system neglected to spot an approaching financial hurricane. As Robert ...
This story continues at Blog: Time for lenders to move on climate change risks
Or just read more coverage at Mortgage Financ...
A new California legislative analysis suggests climate change poses a particular hazard to employees who cannot avoid outdoor exposure, including construction workers, and that the risk is increasing.
A new California legislative analysis suggests climate change poses a particular hazard to employees who cannot avoid outdoor exposure, including construction workers, and that the risk is increasing.
“Who cares if Miami is six metres underwater in 100 years?” asked Stuart Kirk, head of responsible investing at HSBC Asset Management, during a recent conference. “Amsterdam has been six metres underwater for ages, and that’s a really nice place. We will cope with it.”
He compared the climate crisis to the Millennium bug and complained that throughout his career, there has always been “some nut-job telling me about the end of the world”. He v...
“Who cares if Miami is six metres underwater in 100 years?” asked Stuart Kirk, head of responsible investing at HSBC Asset Management, during a recent conference. “Amsterdam has been six metres underwater for ages, and that’s a really nice place. We will cope with it.”
He compared the climate crisis to the Millennium bug and complained that throughout his career, there has always been “some nut-job telling me about the end of the world”. He v...
They are thinking more seriously about flooding, but a lack of established standards for assessing development projects is challenging their efforts.
They are thinking more seriously about flooding, but a lack of established standards for assessing development projects is challenging their efforts.
We learned this week that the world is on course to overshoot its 1.5°C warming threshold – and will likely need to rely on expensive and uncertain “negative emissions technologies” to pull the Earth’s climate back into a safe zone by the end of the century.Even once current climate pledges made by nations around the ...
This story continues at Blog: Climate change measures must be more than box-ticking
Or just read more coverage at Mortgage Finance Gazette
We learned this week that the world is on course to overshoot its 1.5°C warming threshold – and will likely need to rely on expensive and uncertain “negative emissions technologies” to pull the Earth’s climate back into a safe zone by the end of the century.Even once current climate pledges made by nations around the ...
This story continues at Blog: Climate change measures must be more than box-ticking
Or just read more coverage at Mortgage Finance Gazette
Groundsure has revealed it will host a new climate change summit for the mortgage industry that will take place on 14 June at The Law Society on Chancery Lane. The in-person event will include a keynote speech by BBC News’ energy and environment analyst Roger Harrabin, who will consider the UK’s policy response to climate ...
This story continues at Groundsure set to host climate change summit for mortgage sector
Or just read more coverage at Mortgage Finance Gazette
Groundsure has revealed it will host a new climate change summit for the mortgage industry that will take place on 14 June at The Law Society on Chancery Lane. The in-person event will include a keynote speech by BBC News’ energy and environment analyst Roger Harrabin, who will consider the UK’s policy response to climate ...
This story continues at Groundsure set to host climate change summit for mortgage sector
Or just read more coverage at Mortgage Finance Gazette
An overwhelming 91% of lawyers thought lenders should update their risk search data due diligence guidance in this area, the vote came from over 200 delegates at the climate change data firm’s London Conveyancing Climate Change Conference, which heard from climate scientists, lenders, lawyers and finance policy experts last month.
Just 9% of lawyers said they were unsure if lenders needed to update these rules, while none of the property lawyers present felt...
An overwhelming 91% of lawyers thought lenders should update their risk search data due diligence guidance in this area, the vote came from over 200 delegates at the climate change data firm’s London Conveyancing Climate Change Conference, which heard from climate scientists, lenders, lawyers and finance policy experts last month.
Just 9% of lawyers said they were unsure if lenders needed to update these rules, while none of the property lawyers present felt...
As inflation takes its toll, interest rates are rising and the best offers are drying upHomebuyers and those looking to remortgage were this week being urged to act fast if they want to lock in a competitive home loan deal.Many banks and building societies have been pulling their mortgage deals or repricing them upwards, often at very short notice, as they grapple with rising interest rates and inflation, and the wider economic volatility. Continue reading...
As inflation takes its toll, interest rates are rising and the best offers are drying upHomebuyers and those looking to remortgage were this week being urged to act fast if they want to lock in a competitive home loan deal.Many banks and building societies have been pulling their mortgage deals or repricing them upwards, often at very short notice, as they grapple with rising interest rates and inflation, and the wider economic volatility. Continue reading...
To help children and young adults understand how small changes in their diets can make a huge difference to the health of the planet, Sodexo in conjunction with WWF-UK have created Plant+ by Finer Diner. The concept behind Plant+ by Finer Diner is more than just sustainable meals, it is about raising awareness that simple ...
The post Sodexo and WWF-UK tackling climate change on school menus appeared first on FMJ.
To help children and young adults understand how small changes in their diets can make a huge difference to the health of the planet, Sodexo in conjunction with WWF-UK have created Plant+ by Finer Diner. The concept behind Plant+ by Finer Diner is more than just sustainable meals, it is about raising awareness that simple ...
The post Sodexo and WWF-UK tackling climate change on school menus appeared first on FMJ.
The 15th-century Chhode monastery is tucked into a side valley of remote Mustang, a district in northern Nepal. The monastery, with walls formed of clay and gravel, blends in with the wind-beaten cliffs; its towering roof is held up by wooden pillars. Inside the monastery, a monk is performing a ritual prayer ceremony before a crowd of crimson-robed devotees of Tibetan Buddhism. The sound echoes within the crusty earthen walls. The dome-shaped ceiling is covered with paintings of fearsome creatu...
The 15th-century Chhode monastery is tucked into a side valley of remote Mustang, a district in northern Nepal. The monastery, with walls formed of clay and gravel, blends in with the wind-beaten cliffs; its towering roof is held up by wooden pillars. Inside the monastery, a monk is performing a ritual prayer ceremony before a crowd of crimson-robed devotees of Tibetan Buddhism. The sound echoes within the crusty earthen walls. The dome-shaped ceiling is covered with paintings of fearsome creatu...