INSIGHTS FROM PICO ANALYTICS

Sustainable Finance News and Insights to help you navigate the current financial climate.

Kate Martin Kate Martin

The New Face of Poverty: How Climate Change is Impacting the Poor and How Sustainability is the Only Way Ahead

Global poverty is on the rise. With the toxic mixture of the Covid-19 pandemic, the war in Ukraine, the ensuing economic instability, and the mushrooming cost of living crises, for people and communities around the world it is difficult to imagine how life could be any harder or how it could improve. The World Bank estimates that in 2020 the number of people living in extreme poverty rose by 70 million to more than 700 million. The bumpy road to post-pandemic recovery has brought little improvement as the present overall number is only expected to have dropped to around 685 million people. If this global turbulence were to continue then we can expect to still see 574 million people living in extreme poverty i.e. living on less than $2.15 a day, in 2030 (The World Bank, 2022)…

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter: Indigenous Communities & The Climate Crisis Edition

The territories of the world’s 370 million Indigenous peoples cover 24% of land worldwide and contain 80% of the world’s biodiversity. The Indigenous population of our planet are truly the gatekeepers of our knowledge and understanding of those ecosystems and life cycles upon which we all rely. In recent years we have seen a change in the portrayal of and discourse surrounding Indigenous people. As a global society we are beginning to move away from the victimization and stereotypes that have historically defined how Indigenous people have been viewed and the narrative is changing to reflect the resilience, power, and strength of these communities as well as their transformation into critical agents of environmental conservation.

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter:  Women's Month Edition

The gendered aspects of climate change are often discussed by international organizations, policy makers and researchers and yet there is a clear chasm between recognizing the disproportionate effect climate change has on women and girls versus implementing and seeing through policies or actions which would help to close this gap.

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter: Biodiversity Edition

Cop15 2022 put biodiversity on the map for many in the financial and investment world and with it came a reminder of how crucial biodiversity and the natural world are to our ability to survive and thrive. US$41.7 trillion of economic value generation is either all or in part dependent upon nature, making the protection of our wild spaces and the various flora and fauna which reside within them of the upmost importance. However, the key to securing a balance between biodiversity and human development is not to look upon the value of the natural world in solely monetary terms. Instead, we must remind ourselves of how our survival as a species is deeply interconnected with those ecosystems on which we rely for food, fresh air, water, and raw materials.

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Kate Martin Kate Martin

Environmental Inequality 

Over the past few years racial inequality has found itself once again in the headlines. Former students of residential schools run by the Catholic church across Canada have been speaking out on the decades long abuse experienced by indigenous pupils. The shocking murder of George Floyd electrified the world to action for Black Lives Matter. The hate crimes against people of Asian heritage rocketed with the outbreak of Covid-19. The conflict in Syria brought thousands of migrants to the gates of Europe and the US leading to far right backlash and scenes of racial hatred not seen since Enoch Powell’s infamous “rivers of blood” speech. The once bright image of a cosmopolitan, globalised and egalitarian society almost appeared to be disintegrating as inequality, the Covid-19 pandemic, a shaky economy and government parties dividing faster than bacteria began to jeopardise the harmony that communities across the globe have been striving to achieve. Yet, race-based inequality continues to reach its bony fingers into the structural inequalities we see and hear about in education, employment and general standard of living. Hidden away in plain view are the environmental inequalities that numerous minority ethnic and Indigenous communities are now experiencing as climate change lands on their doorstep and large polluting companies set up shop in their back yard.

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter: Eight Billion People and Counting Edition

As the global population tops eight billion we are facing challenges few of us would have envisioned even ten years ago. Food and water insecurity are already prevalent in "hunger hotspots" across the globe with famine threatening people from the Horn of Africa to Afghanistan. The impacts of war and violence are bleeding across national borders and migration is on the rise. The cost-of-living crisis is forcing families to choose between heating or eating and in some cases not being able to do either, instead being forced to rely on the charitable donations of others. Accessing basic resources is rapidly becoming a battle ground as affordability slips through the fingers of the general public, whilst political infighting leaves national economies in tatters. Meanwhile, climate change lingers over us exacerbating every crisis yet further leading to increased gender-based violence, displacement and malnutrition amongst children and adults alike. Yet, we continue our current path, patting ourselves on the back for making compromises at Cop27, or remembering to take the recycling out and all the while either forgetting about or failing to appreciate the bigger picture.

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter: Industry & Agriculture Edition

Never before has climate change been so apparent to the global population. As heat waves, wildfires, floods, and every imaginable extreme weather event continues to shake the foundations of modern society we are rapidly reaching a breaking point. As Europeans and Americans flock to the beaches and leave the fans and AC running 24/7 in an attempt cool down during the second major heat wave of the year it can be easy to forget the true source of the heat and how issues such as this are a daily battle for many areas of the global South. As climate change clashes with war, limited socio-economic development, pandemics, racial inequality, gender inequality, ineffective/inefficient governments and greenwashing across industry and agriculture it can be difficult to see any possible future for our planet.

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Kate Martin Kate Martin

Pico Analytics Fortnightly Newsletter: Our Mid Year Review Edition

2022 marked a year of hope as numerous nations continued to speak out on climate change and the need for sustainable development. The Cop26 agenda appeared to be in full force as not just international governments but entire communities were dedicated to making changes that would positively benefit our planet. Six months later and the progress we have made leaves much to be desired.

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Kate Martin Kate Martin

Women in Climate Policy; The Trailblazing Women of Africa

Women have been the strength and stay of many African Nations throughout history as warriors, mothers, matriarchs, freedom fighters and now politicians, NGO workers and climate activists. The disenfranchised, poor, and repressed image of African women and girls often portrayed in global media could not be further from the truth for many amazing women who are taking their place in what was and to some extent remains a patriarchal society in almost every nation across the continent. The strength of these women to defy traditional gender roles and seek a career and voice outside of the home evidences at least in part the importance of their role in politics and in particular their steering of the climate policies to come. In a region which is already experiencing the grave impacts of climate change in the form of drought, desertification, forced migration, etc. the inevitable loss of life, livelihoods and futures are often felt most deeply by women due to the systemic gender inequalities which are so deeply rooted in African society. This does not mean however that these women are either powerless or vulnerable as many have weathered far greater storms and when given the opportunity will exhibit far greater resilience to disasters and crises than their male counterparts. 

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