SGOL:California’s Climate Lawsuit, the Cost of Climate Change and Planetary Guardians

This week, the team discusses California drawing the battle lines for the fight on climate change. Governor Newsom announced plans to approve CA SB 253 – or the Climate Corporate Data Accountability Act. While Attorney General Rob Bonta has filed a lawsuit against some of the world’s largest fossil fuel companies. With California being the worlds’ fifth largest economy, the implications of these actions will be widely felt.

Next up is Heather's choice, with new research detailing that four economies that rely on the production and export of apparel are at risk of losing $65 billion in earnings by the end of the decade, due to their increasing exposure to extreme heat and flooding.

Finally, the team discuss Planetary Guardians and their new framework that was launched during New York Climate Week. This is a framework to help countries translate the hard science around the planetary boundaries – the nine systems which that support human life, the environment and economic activity – into tools and approaches that can help formulate policy, corporate and investment decisions.

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