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Private sustainable finance practices are failing to catalyse deep transitions

At COP27, global experts from the natural and social sciences launched ten essential insights on climate change since 2021. Aaron Maltais, Director of Stockholm Sustainable Finance Centre and SEI Senior Research Fellow, contributed to the seventh insight on finance, stating that private sustainable finance practices are failing to catalyze deep transitions.

Convened by the international networks Future Earth, the Earth League, World Climate Research Programme (WCRP), scientists from around the world released the annual 10 New Insights in Climate Science report with UNFCCC Executive Secretary Mr. Simon Stiell. A press conference was held with global experts.

The 10 New Insights in Climate Science presents key insights from the latest climate change-related research this year and responds to clear calls for policy guidance during this climate-critical decade. The authors emphasize and unpack the complex interactions between climate change and other drivers of risk, such as conflicts, pandemics, food crises and underlying development challenges in the report. 

The 2022 report was prepared by a consortium of 65 leading researchers from 23 countries and responds to clear calls for policy guidance during this climate-critical decade. The authors emphasize and unpack the complex interactions between climate change and other drivers of risk, such as conflicts, pandemics, food crises and underlying development challenges in the report. 

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