Climate

Drought Prompts Barcelona to Declare Emergency

par This Is Beirut, 01/02 21:39 - Reading : 2 minute(s)

Barcelona Climate drought state of emergency This is Beirut

Catalonia's regional government takes unprecedented measures as reservoirs fall below 16% capacity, impacting six million residents. Spain's northeastern Catalonia region declared a drought emergency on Thursday for Barcelona and the surrounding area, which will now face tighter water restrictions following three years without significant ...

Climate Change, Is It Too Late to Act?

par Rami Rayess, 10/04 11:02 - Reading : 4 minute(s)

Climate fuels United Nations

The United Nations defines climate change as "long-term shifts in temperature and weather patterns. While these changes can occur naturally, driven by variations in solar activity or major volcanic eruptions, human activities have become their primary driver since the nineteenth century. This is mainly due to the burning of fossil fuels such as ...

Markets Face New Economic Reality Amidst Climate Change

par Christiane Tager, 24/09 11:40 - Reading : 3 minute(s)

Climate

Climate change is exerting a growing influence on the global economy and financial markets, with potential annual losses nearing $38 trillion and global stock valuations possibly dropping by around 40%. A study suggests that extreme weather events linked to climate change could reduce global GDP by nearly 19% annually by 2050, based on current ...

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