Extreme temperature changes on our planet, more and more often and for a longer period of time, can be characterized as huge and even monstrous, while they are unique in the history of meteorological observations. In addition, over the last twenty years, the number of heat waves has increased significantly in areas of the earth where until recently this phenomenon was considered extremely rare. The destabilization of the earth's climate is here, and it is real, along with its consequences.
In fact, in areas of the earth such as Siberia, the phenomenon of temperature rise that recently reached 48 degrees of Celsius is becoming more and more intense and more and more frequent. Consequently, the important issue in the case of Siberia is that the ice in Southern Siberia is melting at an astonishing rate, thus enhancing the possibility that even the coronavirus comes from melting ice in the region of Southern Siberia.
Indeed, the rising temperature of our planet in combination with the increasingly frequent occurrence of extreme weather events is likely to cause changes not only in the seasonality and geography of the earth but also in the intensity of infectious diseases. Unfortunately, rising temperatures and subsequent floods create the right environment for the growth, survival, and spread of infectious agents.
The spread of insects such as mosquitoes, which are carriers of serious diseases such as malaria, dengue fever, and West Nile virus, will shift to areas of the planet that are colder today. West Nile virus, for example, first appeared in the Western Hemisphere, New York, after a prolonged period of high temperatures followed by heavy rainfall in 1999.
It is characteristic that about 75% of all new emerging and re-emerging infectious diseases come from animals. These include SARS, H5N1 poultry disease, and H1N1 influenza virus. More and more animals that have been carriers of the disease for many years without infecting humans are changing their behavior while migrating to new areas due to climate change. This fact, combined with people's search for alternative food sources to meet their needs, increases the chances of humans coming into contact with carrier animal, -an animal that is capable of transmitting infection but shows no clinical signs-, and thus becoming infected.
Deforestation in the Amazon is also an additional factor as not only reduces biodiversity but also forces many potential carrier animals to find new natural habitats, thus pushing them closer to residential areas. It is reported that the Ebola outbreak in Africa has been directly linked to the consumption of carrier wildlife meat, such as bats.
The World Health Organization states that the patterns of transmission of infectious diseases will change because of climate change. Therefore, there is a need to learn more about the complex cause-and-effect relationships, by applying comprehensive mathematical models to predict as far as possible, the future effects of climate change on the transmission and spread of infectious diseases.
All the above demonstrates that we are all obliged to face a very serious situation where everyone, from their own field of responsibility, must contribute to the effort of optimal management of this situation. Scientists will continue to do their research on climate change and, recognizing the magnitude of their responsibilities, will continue to inform everyone with the results of their projections about what climate change can create. Based on these, governments, institutions, and companies have an even greater burden of responsibility, but also a huge opportunity to lead the planet to a better future.
The actions that governments will take and have already taken to develop and implement clean energy policies are vital and important. The risk of these actions being undermined, due to the great global economic crisis resulting from the consequences of the coronavirus pandemic, is real. But if the coronavirus pandemic delays the energy transition to clean energy, then we probably have not taken seriously the power of nature and the threats we will have to face in the future.
Investments in clean energy must be huge, smart, and innovative. Companies, governments, and institutions should create these characteristics in investments and energy products, also provide these incentives to create them, with the aim of ensuring that the earth will be a sustainable planet.
Companies around the world are now recognizing the importance of the climate crisis, as those who are not interested in reducing their energy footprint will sooner or later be considered obsolete.
Governments try to motivate everyone to leave a low energy footprint, but environmental awareness requires information, knowledge, and financial well-being. Thus, the difference in approaches between rich and poor countries, countries with strong institutions, and those operating with totalitarian regimes, in the end, the difference in approaches to the climate crisis between developed and developing countries seems in some cases chaotic.
Thus, perhaps the greatest responsibility for managing the climate crisis rests with the global institutions but also those who can manufacture innovative products that will support the idea of clean energy and sustainable development.
The financial and investment sector can play an important role in the sustainable development effort, introducing the idea of sustainable development to as many people as possible. In this light, investment companies in which traders can exchange products such as CFDs on stock exchanges, commodities, currencies, and cryptocurrencies, it may be a good idea to consider together with the institutions, the possibility of construction, design, development, creation, and marketing, financial products which will be related, for example, to CFDs of clean energy companies or CFDs for clean energy products.
Maybe the time has come. Today, not yesterday. For financial companies, along with institutions, to consider creating innovative financial products such as CFDs that will invest in the sustainability of the planet we live in, promoting environmental awareness to a huge range of people such as investors and traders.
Climate change is a fact. The earth warns us more and more about what is going to happen if we do not take appropriate action immediately. So, it is our duty to use all the tools we can have at our disposal.
Thus, it seems that the time has come also for the capital market committees, that along with compliance and efforts to reduce money laundering and terrorist financing, now they need to promote new compliance: Environmental compliance.
As climate crisis knows no borders, companies, and institutions that will create environmental awareness products, which could potentially be traded in CFD platforms around the world, could also create global environmental awareness and compliance. Assisting along with financial activity, environmental sustainability for all the inhabitants of the earth.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Article/Information available on this website is for informational purposes only, you should not construe any such information or other material as investment advice or any other research recommendation. Nothing contained on this Article/ Information in this website constitutes a solicitation, recommendation, endorsement, or offer by LegacyFX and A.N. ALLNEW INVESTMENTS LIMITED in Cyprus or any affiliate Company, XE PRIME VENTURES LTD in Cayman Islands, AN All New Investments BY LLC in Belarus and AN All New Investments (VA) Ltd in Vanuatu to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. LegacyFX and A.N. ALLNEW INVESTMENTS LIMITED in Cyprus or any affiliate Company, XE PRIME VENTURES LTD in Cayman Islands, AN All New Investments BY LLC in Belarus and AN All New Investments (VA) Ltd in Vanuatu are not liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the website, but investors themselves assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Article/ Information on the website before making any decisions based on such information or other Article.
Editors’ Picks
AUD/USD struggles near multi-month low; looks to US CPI for fresh impetus
AUD/USD languishes near a multi-month low during the Asian session on Wednesday and seems vulnerable amid a bullish USD. Expectations that inflationary import tariffs from US President-elect Donald Trump will push up prices and limit the scope for the Fed to cut rates remain supportive of elevated US bond yields.
USD/JPY sits near its highest level since July, close to 155.00 as traders await US CPI
USD/JPY stands firm near its highest level since July 30 amid speculations that a fragile minority government in Japan will make it difficult for the BoJ to tighten its monetary policy further. Moreover, fears that US President-elect Donald Trump might again hit Japan with protectionist trade measures continue to undermine the JPY.
Gold price oscillates around $2,600, just above a nearly two-month low ahead of US inflation
Gold price consolidates its recent heavy losses to the lowest level since September 20 as bears opt to pause for a breather ahead of the crucial US CPI report, which will influence Fed rate-cut expectations and provide a fresh impetus.
Ripple could rally 50% following renewed investor interest
Ripple's XRP rallied nearly 20% on Tuesday, defying the correction seen in Bitcoin and Ethereum as investors seem to be flocking toward the remittance-based token. XRP could rally nearly 50% if it sustains a firm close above the neckline resistance of an inverted head and shoulders pattern.
Five fundamentals: Fallout from the US election, inflation, and a timely speech from Powell stand out Premium
What a week – the US election lived up to their hype, at least when it comes to market volatility. There is no time to rest, with politics, geopolitics, and economic data promising more volatility ahead.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.