Autor

Nico Beckert

Analyse

Klimawandel: Shanghai droht im Meer zu versinken

Chinas Küstenstädte sehen sich mit einem Feind konfrontiert, den keine noch so große Marine besiegen kann: dem stetig steigenden Meeresspiegel. Wichtige Wirtschaftszentren wie Shanghai und das Perlflussdelta sind besonders gefährdet. Shanghai ist sogar, gemessen an der Einwohnerzahl, die am stärksten betroffene Stadt der Welt. Die UN mahnt in einer neuen Prognose: Um die Klimaziele zu erreichen, müssen die Emissionen schneller sinken.

Von Nico Beckert

Feature

Climate change: Shanghai could sink into sea

China's coastal cities are facing an enemy that no navy, no matter how large, can defeat: the steadily rising sea level. Major economic centers like Shanghai and the Pearl River Delta are particularly at risk. Shanghai is even the most affected city in the world in terms of population. In a new forecast, the UN warns that emissions must decrease faster to achieve the climate goals.

Von Nico Beckert

Feature

Sovereign wealth funds lack climate plans

China announced that it will invest its gigantic foreign exchange reserves more heavily in green assets in the future. A rethink is urgently needed because sustainability considerations have hardly played a role in investment decisions so far. According to rumors, the largest fund even wants to invest $19 billion in the oil giant Saudi Aramco. At present, sovereign wealth funds around the world are finding it difficult to switch to green investments: Their profitability is uncertain and the switch entails costs.

Von Nico Beckert