Tag: Climate change

InnovationScience

Irish-Led Initiative Seeks Public Help to Digitize Historic African Climate Records

Researchers in Ireland are mobilizing volunteers worldwide to rescue millions of historical African weather records threatened by physical decay. The project aims to fill critical data gaps in one of the world’s most climate-vulnerable regions, enabling better understanding of long-term climate patterns.

Urgent Data Rescue Mission

An Irish research institution has launched an ambitious citizen science project to preserve and digitize approximately 4 million historical African weather records that risk being lost forever, according to project organizers. The initiative, led by Maynooth University’s ICARUS Climate Research Centre, aims to address critical data gaps in one of the world’s most climate-vulnerable regions.

by Elisa Romero
EnergyPolicySustainability

Global Coal Consumption Reaches All-Time High Despite Renewable Energy Boom

Global coal consumption reached unprecedented levels in 2024 despite exponential growth in renewable energy, according to a comprehensive climate assessment. The report indicates countries are falling dangerously behind emissions reduction targets needed to limit global warming to 1.5°C.

Record Coal Use Threatens Climate Goals

Global coal consumption reached a record high in 2024 despite significant growth in renewable energy sources, according to the annual State of Climate Action report published Wednesday. The findings indicate that countries are falling dangerously behind their emissions reduction targets, threatening international efforts to limit global warming to 1.5°C above pre-industrial levels as outlined in the Paris Agreement.

by Elisa Romero
BusinessEconomy

Climate Vulnerability Undervalued in Stock Markets, Research Reveals

Companies highly sensitive to temperature changes consistently underperform despite inflated stock prices, according to new financial research. A 52-year analysis reveals investors systematically underestimate climate-related financial risks, creating market inefficiencies.

Temperature Sensitivity Impacts Stock Performance

Firms with higher sensitivity to temperature fluctuations deliver significantly lower stock returns while remaining consistently overvalued, according to a comprehensive new study published in Management Science. The research analyzed over five decades of U.S. stock market data, revealing systematic mispricing of climate-related risks in financial markets.

by Elisa Romero