IN THE NEWS

The FT: Scorching and surrounded by water, Singapore is on climate's front lines

Associate Professor Radhika Khosla told the Financial Times that rising temperatures and changing demographics will increase the demand for cooling systems in Asia. 'It is hard to say to families at the cusp of an increase in income that they should not have access to a service that is tied to the idea of development... India and Indonesia are on track for very high penetration of air conditioners in the next decade,' she said.

IN THE NEWS

Business Green: Big banks' big footprint: UK financial institutions responsible for double UK's annual carbon emissions, report warns

A report from WWF and Greenpeace found that UK banks and investors are responsible for almost double the UK's net annual carbon emissions. Dr Ben Caldecott, director of the Oxford Sustainable Finance Programme, told Business Green: 'UK institutions providing financial products and services globally can make a massive contribution to solving the problem and there is no time to lose.'

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