Leaked IPCC report reveals coastal communities around the world will be destroyed. Global banking on board with UN-backed climate principles.

Here we go, again.

The Scotsman (via Webpage Archive): Leaked IPCC report reveals coastal communities around the world will be destroyed.

A new UN report is set to issue a stark warning on the impact of climate change on oceans and frozen areas, amid a push to ratchet up efforts to tackle the crisis.

The latest in a series of special reports from the Intergovernmental Panel on Climate Change (IPCC) is being published in the same week as countries meet at the UN for a summit aimed at upping ambitions on tackling global warming.
[.]
[The study] warn[s] of huge increases in flooding damage, melting ice caps and glaciers and more ocean heatwaves that bleach and kill coral.

A draft of the report leaked to AFP suggested that if global temperatures rise to 2C above pre-industrial levels, 280 million people could be displaced by rising seas.

This report was leaked. Yeah. Sure. That's believable.

What if the IPCC report is wrong and the reality of their outlook is far, far worse than they ever imagined? Shouldn't there be a mass exodus of people living near bodies of water who immediately put their homes up for sale and start moving inland? Why wait? Why take the chance? When the Elites start abandoning their ocean property, let the rest of us know.
-
Global financial institutions have caved to the U.N. and the worldwide, self-induced climate crisis hyperbole.

SBS News: Banks worth $69 trillion commit to new UN-backed climate principles.

Banks with more than $69 trillion in assets, or a third of the global industry, have adopted new UN-backed "responsible banking" principles to fight climate change that would shift their loan books away from fossil fuels.

Deutsche Bank, Citigroup and Barclays were among 130 banks to join the new framework on Sunday on the eve of a United Nations summit in New York aimed at pushing companies and governments to act quickly to avert catastrophic global warming.

"These principles mean banks have to consider the impact of their loans on society - not just on their portfolio," Simone Dettling, banking team lead for the Geneva-based United Nations Environment Finance Initiative, told Reuters.
[.]
Under pressure from investors, regulators and climate activists, some big banks have acknowledged the role lenders will need to play in a rapid transition to a low-carbon economy.

Financing for oil, gas and coal projects has come under particular scrutiny as climate scientists step up calls to change the global economy's deep reliance on fossil-fuels to avert disastrous warming.

-
SBS News Archived