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Report highlights vulnerability of global food systems
Posted by Blue and Green: Nicky Stubbs on June 16th, 2015
Blue and Green: Global food systems are increasingly susceptible to acute disruption and systemic shocks could lead to food price rises, food riots and changes in stock market values.
The global food system is increasingly vulnerable to acute disruptions that have the potential to cause widespread economic, social and political implications, according to a new report by the insurance firm Lloyds.
It highlights that a combination of just three catastrophic weather events could lead to the quadrupling of Wheat,...
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IMF: Fossil fuels receive $10m a minute subsidies
Posted by Blue and Green: Nicky Stubbs on May 19th, 2015
Blue and Green: The International Monetary Fund (IMF) has said that in 2015, the fossil fuel industry will receive $5.3trn in subsidies, surpassing annual health spending for all the world’s governments.
Fossil fuel companies across the planet are set to receive the huge sum from public funds throughout 2015, equating to $10m per minute.
In a working paper published on Monday, the IMF described the figures as “shocking”, adding that the study is “extremely robust”. It says that the sum is owed largely to the...
37 dead in Balkans worst floods in decades
Posted by Blue and Green: Nicky Stubbs on May 19th, 2014
Blue and Green: A major rescue operation is underway in Serbia after the region’s worst flooding in decades claimed the lives of 37 people, with thousands more forced to flee their homes.
Soldiers, police officers and volunteers are also battling to protect local power plants that are situated on the river Sava. The river is experiencing high water levels after three months’ worth of rain fell in just a few days.
According to the EU floods directive, flood alerts remain in place for many parts of the region....