https://www.scmp.com/rss/511214/feed Xavier Vives, professor of economics and finance at IESE Business School, is the co-author (with Patrick Bolton, Harrison Hong and Marcin Kacperczyk) of the report Resilience of the Financial System to Natural Disasters. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com “Blah, blah, blah.” That was how young climate activist Greta Thunberg characterised this year’s UN climate change conference (COP26) in Glasgow even before it began. She was right, in a way. Talk is cheap whenever international agreements lack effective mechanisms to verify and enforce commitments. Gatherings like COP26 tend to lack credibility, even when they are presented as a “last chance” to prevent the end of the world as we know it. Nonetheless, such meetings help raise awareness about... https://www.scmp.com/comment/opinion/article/3156472/cop26-cheap-talk-weak-necessary-first-step-climate-change?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3156472/cop26-cheap-talk-weak-necessary-first-step-climate-change?utm_source=rss_feed Thu, 18 Nov 2021 17:30:28 +0000