The City can’t afford to make the climate crisis a tomorrow problem, writes City of London Corporation policy chairman Chris Hayward

As the tremors of macroeconomic and geopolitical uncertainty are felt in every world capital, it’s easy to focus exclusively on immediate and short-term challenges.

While understandable, this is, in the longer-term, profoundly mistaken.

The climate crisis, and our response to it, has arguably been the victim of this dynamic. Our changing climate and deteriorating ecology are constant, fundamental threats to human society as we know it, but too often this most critical of issues has been sidelined or relegated – put on tomorrow’s to-do list.

Both the science and the economics are clear – we stand at a historic crossroads, where the costs of inaction are catastrophic and action more urgent than ever.

According to the World Economic Forum, climate change has caused more than $3.6 trillion in damage since 2000. What’s more, the Forum estimates that,........

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