The Reserve Bank of Australia (RBA) has warned businesses, banks and household institutions to act against climate change or face legal action to curb the rising temperatures’ negative impacts.
The RBA and the financial regulators have gone ahead and taken such a step due to chronic risks from extreme heatwaves, thus, ensuring that economic frontiers take climate change as a “significant issue” Read more.
News Credit: The Guardian
Picture Credit: Jason O’Brien/AAP