{"id":43756,"date":"2020-10-06T05:43:49","date_gmt":"2020-10-05T19:13:49","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=43756"},"modified":"2020-10-06T05:43:49","modified_gmt":"2020-10-05T19:13:49","slug":"axa-climate-covid-mb1709","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/axa-climate-covid-mb1709\/","title":{"rendered":"In A Fight Between COVID And Climate Change, Which Would Win?"},"content":{"rendered":"

\"AXA<\/p>\n

AXA’s seventh edition of its Future Risks Report states climate change has been knocked from the no.1 spot this year. No prizes for guessing what took its place.<\/p>\n

The Future Risks Report highlights the perceptions of risks of more than 2,700 risk experts from 54 countries, and close to 20,000 of the general population.<\/p>\n

Climate change-related risk had held the no.1 spot for years, but in 2020 it came in second to pandemics and infectious diseases; which ranked at no.8 last year.<\/p>\n

That this should steal the attention is no surprise given COVID-19.\u00a0 However, the perceived risk level of climate change varied on geography. It remained the number one perceived risk in Europe but fell to third place in Asia and America. In North America, the proportion of experts who consider climate change a major risk has plummeted from 71% in 2019 to 46% in 2020.<\/p>\n

In Australia, just 55% selected climate change as one of the top five emerging risks that may have a significant impact on society at large in the next five to ten years – and it wasn’t that long ago the place was on fire.<\/p>\n

The changing attitude concerns AXA.<\/p>\n

“There is a danger that, in focusing on COVID-19, the issue that is most pressing and visible, other emerging risks such as climate change or pollution get overshadowed,” said AXA Group Chief Risk Officer Renaud Guid\u00e9e.<\/p><\/blockquote>\n

Even in the economic recovery from COVID, there’s risk building back better will be trumped by building back buggered in terms of climate change. The Organisation for Economic Co-operation and Development (OECD) recently expressed concern about recovery cash going into fossil fuels and stated the case for making COVID-19 recovery greener<\/a>. OECD Secretary-General Angel Gurr\u00eda made mention of solar PV employing more people per unit of investment and energy than fossil fuel based electricity generation.<\/p>\n

CEO of AXA Thomas Buberl said this year’s edition highlights the growing interconnection of risks.<\/p>\n

The Future Risks Report can be viewed here<\/a>.<\/p>\n

What Is AXA Doing About Climate Change?<\/h2>\n

AXA is a French multinational insurance and investment management firm. It has a presence in 57 countries including Australia, boasts 160,000 employees and distributors, and serves 108 million clients. So, it has a bit of influence.<\/span><\/p>\n

The report is interesting, but it’s much easier to engage in hand-wringing over climate change than to act on it. However, AXA has committed to sourcing 100% of electricity consumed at its office sites and AXA-owned data centers from renewable energy sources by 2025, in line with its RE100 commitment. It has also committed to achieving investment climate neutrality by 2050, to double its green investment target by 2023 and totally exit the coal industry through underwriting restrictions.<\/p>\n","protected":false},"excerpt":{"rendered":"

AXA’s seventh edition of its Future Risks Report states climate change has been knocked from the no.1 spot this year. No prizes for guessing what took its place.<\/p>\n","protected":false},"author":17,"featured_media":43757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-43756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nIn A Fight Between COVID And Climate Change, Which Would Win?<\/title>\n<meta name=\"description\" content=\"AXA's new Future Risks Report states climate change has been knocked from the no.1 spot this year. 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The Final Report from The Scientific Inquiry into Hydraulic Fracturing, released late last month, signified the end of a long investigation into the associated\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Fracking in the Northern Territory","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/fracking-northern-territory.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/fracking-northern-territory.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/fracking-northern-territory.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/fracking-northern-territory.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":44887,"url":"https:\/\/www.solarquotes.com.au\/blog\/health-climate-renewables-mb1763\/","url_meta":{"origin":43756,"position":3},"title":"Health Coalition Calls For Greater Commitment To Climate Change Action","author":"Michael Bloch","date":"November 17, 2020","format":false,"excerpt":"Imagine if climate change was addressed with the same energy, urgency and resources as tackling COVID-19. That's what a collective of Australian health care organisations want to see happen. A coalition of 29 Australian health groups have written to Prime Minister Scott Morrison thanking him and other elected leaders for\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Health coalition - renewable energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/health-renewable-energy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/health-renewable-energy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/health-renewable-energy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/health-renewable-energy.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/11\/health-renewable-energy.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":79635,"url":"https:\/\/www.solarquotes.com.au\/blog\/inverter-security-standards\/","url_meta":{"origin":43756,"position":4},"title":"Australia Progressing Solar Inverter Cybersecurity Standards","author":"Richard Chirgwin","date":"October 31, 2023","format":false,"excerpt":"While political China-baiting in the solar market continues unabated, we learned last week that the government is moving ahead on the security of internet-connected inverters. That news came in Senate Estimates, when Liberal senator Hollie Hughes pursued the line taken by MP James Paterson earlier this year when he warned\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/10\/inverter-hacker-og.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/10\/inverter-hacker-og.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/10\/inverter-hacker-og.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/10\/inverter-hacker-og.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/10\/inverter-hacker-og.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":39558,"url":"https:\/\/www.solarquotes.com.au\/blog\/stimulus-summit-renewables-mb1513\/","url_meta":{"origin":43756,"position":5},"title":"“Stimulus Summit” Today: A Renewables-Led Economic Recovery","author":"Michael Bloch","date":"May 6, 2020","format":false,"excerpt":"The \"Stimulus Summit\" is a free online event being held today that will delve into government stimulus packages relating to renewables and climate change action, and discuss the critical role of decarbonisation in Australia\u2019s economic recovery in the wake of the COVID-19 pandemic. Experts from across the renewables sector will\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Stimulus Summit - Renewable Energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/stimulus-summit-renewables.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/stimulus-summit-renewables.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/stimulus-summit-renewables.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/stimulus-summit-renewables.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/stimulus-summit-renewables.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/43756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=43756"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/43756\/revisions"}],"predecessor-version":[{"id":43761,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/43756\/revisions\/43761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/43757"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=43756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=43756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=43756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}