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  Climate and environment

  2 Debates

The world's biggest asset manager Blackrock has announced that it is withdrawing from the climate group Net Zero Asset Managers Initiative (NZAMI). The initiative brings together investment managers who are committed to the goal of a climate-neutral economy by 2050 and invest in 'green' industries. Commentators discuss whether this is symptomatic of a new global trend.

The devastating wildfires in the Los Angeles area are still only partially under control: at least 24 people have died, hundreds of thousands have been evacuated and thousands of homes and buildings have been burned to the ground. The LA Fire Department has described it as "one of the most destructive natural disasters" in the history of the Californian metropolis. Commentators see different causes, dangerous narratives and numerous necessary consequences.