Deforestation: what could be the market impact of new EU ban? City Talk The EU looks set to require companies to demonstrate that agricultural products they import do not contribute to carbon dioxide (CO2) emissions and climate change through deforestation. The bloc is finally making efforts to ensure more sustainable consumption habits, with new legislation aimed at curbing deforestation and forest degradation linked to imported commodities such as [...]
Beyond GDP growth: why natural capital matters City Talk As the climate crisis accelerates, financial markets are paying more attention to risks and opportunities stemming from the energy transition, taking into consideration the risks related to fossil fuel production and consumption. While decarbonising the production mix and promoting energy efficiency is essential to fight climate change, we think that markets are underestimating the fundamental [...]
What the data tells us about the shape of the US economic recovery City Talk Looking at high-frequency data in the US, the key question is whether momentum in consumer spending can be sustained. Some signs of the much hoped-for V-shaped recovery have started to emerge for the US economy. While consumption collapsed in March and April due to lockdown measures and a jump in unemployment, stimulus cheques provided an [...]