sustainable development

Banks worth $47 trillion adopt new UN-backed climate, sustainability principles

Banks collectively with more than $47 trillion in assets, or a third of the global industry, signed up on Sunday to new United Nations-backed responsible banking principles in a massive boost for climate action and the shift from “brown to green” models of economic growth.

Wednesday’s Daily Brief: #NoTobacco Day, China’s economy, family farming, #ClimateAction

This Wednesday, we cover: the dangers of smoking for World No Tobacco Day; China’s creative economy; sustainability through family farming, floating cities and #ClimateAction.

Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN

The global economy grew at a “steady” 3.1 per cent last year and similar levels of growth are expected in 2019, but these headline figures mask growth that is uneven and often failing to reach where it is most needed, the UN’s chief economist warned on Monday.