Europe’s wildfires in 2023 were among the worst this century, report says

Europe’s wildfires in 2023 were among the worst this century, report says

Preliminary data for the first three months of 2024 show almost double the average number of fires, although these did not have major impact in terms of burnt areas According to the report, the wildfires produced some 20 megatonnes of CO2 emissions, equivalent to...
Climate change poses challenges for monetary policy, says RBI report

Climate change poses challenges for monetary policy, says RBI report

Climate change directly impacts inflation through adverse weather events affecting agricultural production and global supply chains, climate change could impact the natural rate of interest, and the after-effects of climate change might weaken the transmission of...