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ARTICLE · 20 SEPTEMBER 2023

Can Sustainable Finance Save Our Planet?

"The era of global warming has ended; the era of global boiling has arrived" – these are the words of UN Secretary-General António Guterres, announcing that July 2023 will likely be the warmest month on record.

South AfricaEnvironment

Can sustainable finance save our planet?

"The era of global warming has ended; the era of global boiling has arrived" – these are the words of UN Secretary-General António Guterres, announcing that July 2023 will likely be the warmest month on record.

If the thought of global boiling does not alarm you, what about the impacts of climate change reported over the past few months alone:

  • The destruction of 9.4 million hectares of Canada's wild forests due to uncontrollable wildfires;
  • The accelerated bleaching of coral reefs and other critical ecosystems;
  • The permanent thawing of the Earth's cryosphere (consisting of all the frozen components of the Earth's system).
  • The loss of arable land and declining food production;

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