Some coastal cities will experience extreme flooding every year if climate change remains unchecked, according to a new report from the United Nations. Global sea levels could rise more than three feet by 2100, with melting glaciers harming water supply and heated oceans wiping out sea life. (The Logic)
Talking point: While there is still little political consensus in Canada around how to tackle climate change, a growing number of the country’s wealthiest and most powerful institutions are trying to tackle it on their own. Canada has the sixth-most organizations in the world that have agreed to make climate-related financial disclosures. On Monday, pension giant Caisse de dépôt et placement du Québec, which manages $327 billion in assets, pledged to make its portfolio carbon neutral by 2050. Whether such changes come fast enough to make the necessary impact is an open question. According to the UN report, if nothing improves by 2060 British Columbia and the Maritimes will be hit annually by coastal floods, the likes of which are currently seen once a century.