The Rockefeller Foundation’s Post

Don't underestimate the influence bond investors can have in the fight against climate change. Here, abrdn looks at how bond investors can make a difference, citing real world examples and key strategies. Read the full article:

18 min worth to spend to listen to this TED. What resonated mostly with me is: "Buckle up" that is a call to prepare for climate impacts (more extreme events, sea level rise etc) because they are happening and are inevitable. This means 3 steps in my view: 1) check how climate change will affect your home and family. Then probably, your investments, the organisation you work for, your country 2) Understand what are the biggest impacts and how much money is at stake 3) Devise an adaptation plan, make yourself more resilient I am working on this assessment for my company, but haven't yet done it for my family... https://lnkd.in/e6yzpnxe

In some places, 50% less snow is falling than a century ago. A World Economic Forum report, Bold Measures to Close the Climate Action Gap: A Call for Systemic Change, outlines the necessity of drastic action from both governments and corporations to combat climate change effectively and deliver on commitments. Read it here: https://ow.ly/IyJg50Up8e5 Boston Consulting Group (BCG) #ClimateChange #Alps #Snowfall #GlobalWarming

The alarming rate of glacier melting and changing snowfall patterns worldwide, serves as a clear reminder for regions like Gilgit-Baltistan and Chitral, home to some of the largest glaciers outside the polar regions. These ice reserves provide vital resources, including fresh water, irrigation water, and water for nearly all commercial uses, supporting billions of people and their livelihoods. However, these glaciers are under serious threat from climate change, particularly global warming. The rapid melting of glaciers has increased the occurrence of flash floods and Glacial Lake Outburst Floods (GLOFs), causing severe impacts on communities, threatening livelihoods, and changing landscapes. World Economic Forum #climatechange #saveglaciers #reduceglobalwarming #climatedisaster

Indonesia is highly vulnerable to climate change impacts, including extreme events such as floods and droughts, and long-term changes from sea level rise, shifts in rainfall patterns and increasing temperature. While rapid economic growth has led to a reduction in poverty in recent decades, with the poverty rate halving from 24% in 1999 to 9.78% in 2020, high population density in hazard prone areas, coupled with strong dependence on the country’s natural resource base, make Indonesia vulnerable to the projected climate variability and climate change. These impacts of climate change will be felt across multiple sectors and regions as the impacts of climate change could cost between 2.5–7% of the country’s GDP, with the poorest bearing the brunt of this burden. Indonesia is ranked in the top-third of countries in terms of climate risk, with high exposure to all types of flooding and extreme heat. As the climate changes, the intensity of these hazards is expected to grow. A continuous increase in air temperature will result in an increase in extreme weather events and periods of intense droughts, which will hamper the growth of important agricultural crops and cause health problems due to heat stress. Changes in rainfall will have a strong influence on the quality of human life, particularly in relation to the availability of water resources for consumption and agricultural needs. The change in rainfall patterns will also likely result in increased risk and magnitude of hydro-meteorological disasters. The lack of water due to the long drought there can be remedied by providing water assistance. High rainfall and temperatures also suddenly caused a drop in temperature in several other regions. A different solution needs to be done to anticipate the overflow of water that occurs in riverbank settlements. People must be aware of the dangers of throwing garbage in the river. Then, the government must also dig up the riverbed periodically, because garbage is not the only cause of river siltation.

We need to spark a debate in our global economy about climate change. In Forbes Magazine a great article about climate change and how it is impacting inflation around the world. The warmer weather is effecting food prices, creating national disasters, and everyone will feel the effects of climate change. What we do right now is very important for our survival in the future. I want to here your opinion on fixing the climate change problem comment below.

☔Placing an economic risk on climate change: https://lnkd.in/evcKR5QE As losses arising from natural catastrophes rise, reinsurers play an important role in underwriting the physical climate risks. If the industry prices these risks accurately, we believe it is well positioned to profitably contribute to the much-needed acceleration in climate adaptation and resilience over the decades ahead. Learn more >> https://lnkd.in/evcKR5QE

Last month, The Rockefeller Foundation, our esteemed Global Patron Member, took a significant step towards global sustainability by unveiling a strategic roadmap. This pivotal document is designed to enhance the effectiveness of Just Energy Transition Partnerships, focusing on transforming energy infrastructures in low- and middle-income countries into more equitable and sustainable systems. At our 2023 Annual Summit, Dr. Raj Shah from The Rockefeller Foundation, articulated a compelling vision: "We have a choice to make as a planet: either the climate transition is only for wealthy economies, or it’s for everyone." This statement underscores the imperative for inclusive progress in the fight against climate change. Discover more about this initiative: https://bit.ly/3IKJ2l8 Don’t miss their enlightening session at our 2023 Annual Summit, titled "Making Big Bets to Address Climate Change & Other Global Crises."

☔Placing an economic risk on climate change: https://ow.ly/xHRR50STM9J As losses arising from natural catastrophes rise, reinsurers play an important role in underwriting the physical climate risks. If the industry prices these risks accurately, we believe it is well positioned to profitably contribute to the much-needed acceleration in climate adaptation and resilience over the decades ahead. Learn more >> https://ow.ly/xHRR50STM9J

The changing climate is a market megatrend that will impact nearly all companies. Learn how we support companies proactively involved in addressing climate risk. https://bit.ly/40AgNj2 #Investing