October 29, 2019 – A new study published on the prestigious journal Nature Climate Change highlights how climate-related damages impact on the stability of the global banking system. Climate change will increase the frequency of banking crises while rescuing insolvent banks will cause an additional fiscal burden and an increase of public debt to GDP […]
Euro-Mediterranean Centre on Climate Change
Posted inSci/Tech
Removing CO2 from the atmosphere can help achieve the Paris agreement but huge innovation is required
July 23, 2019 – A new Nature Communications study has shown the potential of Direct Air Carbon Capture and Storage (DACCS), a new technology for removing CO2 directly from the atmosphere, in helping to limit global temperature rise and lowering the costs of achieving the Paris objectives. However, the authors note that these technologies should […]