Olga Bershatskaja

Olga Bershatskaja

Climate “Black Swans” Reach Pension Funds

Climate “Black Swans” have reached pension funds. Institutional investors are beginning to model what could happen to their portfolios if the Earth crosses irreversible climate tipping points. The term was coined by JPMorgan: the probability is low, but the consequences…

Heat Becomes the Economy’s New Leading Indicator

Economists have a new macroeconomic indicator to watch: heat. Bloomberg surveyed analysts from ING, Allianz, and other institutions, and they largely agree that the thermometer now deserves as much attention as inflation. One analyst put it bluntly: temperature has become…

Western Europe Shatters Temperature Records Again

Western Europe is rewriting temperature records for the second time this month. Tuesday became the hottest day ever recorded in France, with temperatures exceeding 44°C (111°F) in the country’s southwest, according to the national weather service. In the UK, temperatures…

2026 Environmental Performance Index Released

The 2026 Environmental Performance Index (EPI) has been published. Compiled every two years by Yale University and Columbia University, the ranking evaluates 177 countries across 47 environmental indicators in 12 categories, including environmental health, ecosystem vitality, and climate change. Top…

DHL to Transport Cargo on Sailing Ships

It sounds like something out of steampunk, but this is actually planned for 2027. DHL has partnered with the French startup Vela Transport, which is building 67-meter aluminum trimarans. Each vessel can carry up to 415 tonnes of cargo—roughly five…

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