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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Plans & Membership

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Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

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Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

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1.5°C vs 2°C Global Warming

1.5°C vs 2°C Global Warming

Kevin Trenberth

Former Coordinating Lead Author of the IPCC

It is crucial to limit and slow down global warming, and this cannot be emphasised enough. Every small increase in temperature is accompanied by a corresponding increase in hot extremes, severe storms, droughts, rising oceans etc. Join Kevin, as he talks us through the importance of rates of change vs one-off climate events, along with the differences the planet will see at 1.5 vs 2 degrees of warming.

It is crucial to limit and slow down global warming, and this cannot be emphasised enough. Every small increase in temperature is accompanied by a corresponding increase in hot extremes, severe storms, droughts, rising oceans etc. Join Kevin, as he talks us through the importance of rates of change vs one-off climate events, along with the differences the planet will see at 1.5 vs 2 degrees of warming.

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1.5°C vs 2°C Global Warming

8 mins 52 secs

Overview

It is clear climate change is having an impact on the planet, every year climate events seem to get bigger and last longer. An IPCC report highlighted the importance of attempting to limit warming to 1.5 degrees vs 2 degrees. With every incremental increase in temperatures, we see increased hot extremes, more extreme storms, worsening droughts, rising oceans, loss of species, food shortages, health risks and increased poverty and displacement. It is imperative that everyone on the planet attempts to limit and slow down the rate of warming.

Key learning objectives:

  • Understand the difference between rates of change vs one-off climate events

  • Outline how different 1.5°C vs 2°C warming looks

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This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 7-day free trial to watch more.

Summary

What is the importance of rates of change vs one-off climate events?

The climate has always varied, however rapid climate change is always disruptive and we are seeing climate changes at unprecedented rates. It may be that climate locally changes to be one that is better, but it won’t stay that way as it keeps changing. 

One factor not adequately appreciated is that the evidence policy responses rely on may be muted or delayed given the massive inertia and time horizons of climate change. By the time the problems become visible and clear, it may be too late to do anything about it. 

The inertia and long time-horizons come about due to the centuries-long atmospheric life of carbon, the slow response of the climate system due to dlow warming of the oceans, land, ice etc, and the complexity of current infrastructure.

It is estimated that the current rates of change are a factor of 100 or greater more rapid than natural changes. It is the rates of change that are very disruptive, not only to natural ecosystems and biodiversity, but also society. 

What will the planet look like at 1.5°C vs 2°C warming?

The goal of the COP21 Paris agreement is to attempt to limit global warming to well below 2°C, preferably to 1.5°C compared to pre-industrial levels. The IPCC released a report outlining what the differences would be at the two temperatures. They found that even at 1.5°C the world will face severe climate impacts, but the effects will be much worse at 2°C warming. 

 

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Kevin Trenberth

Kevin Trenberth

Dr. Kevin Trenberth is a Distinguished Scholar at the National Center for Atmospheric Research (NCAR). He was a Coordinating Lead Author of the 1995, 2001, and 2007 Scientific Assessment Reports of the Intergovernmental Panel on Climate Change (IPCC). Kevin also shared the 2007 Nobel Peace Prize which went to the IPCC and Al Gore. Between 1999 to 2006, Kevin served on the Joint Scientific committee of the World Climate Research Programme (WCRP). Kevin then went on to chair the WCRP Observation and Assimilation Panel from 2004 to 2010 and the Global Energy and Water Exchanges (GEWEX) Scientific Steering Group from 2010 to 2013. He has also served on many US national committees and is a Fellow of the American Meteorological Society (AMS), the American Association for the Advancement of Science (AAAS), the American Geophysical Union (AGU), and an honorary fellow of the Royal Society of New Zealand Te Apārangi. Kevin has received many awards throughout his career. In 2000, he received the Jule G. Charney award from the AMS; in 2003, he was given the NCAR Distinguished Achievement Award. In 2013 he was awarded the Prince Sultan Bin Abdulaziz International Prize for Water, and he received the Climate Communication Prize from AGU and in 2017 he was honoured with the Roger Revelle medal by the AGU.

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