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Flawed economic models mean climate crisis could crash global economy, experts warn

States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points

Flawed economic models mean the accelerating impact of the climate crisis could lead to a global financial crash, experts warn.

Recovery would be far harder than after the 2008 financial crash, they said, as “we can’t bail out the Earth like we did the banks”.

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© Photograph: Mohamed Messara/EPA

© Photograph: Mohamed Messara/EPA

© Photograph: Mohamed Messara/EPA

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Green energy sector drove more than 90% of China’s investment growth last year, analysis finds

Industry bigger than all but seven world economies, and accounts for more than third of China’s economic growth

China’s clean energy industries drove more than 90% of the country’s investment growth last year, making the sectors bigger than all but seven of the world’s economies, a new analysis has shown.

For the second time in three years, the report showed the manufacture, installation and export of batteries, electric cars, solar, wind and related technologies accounted for more than a third of China’s economic growth.

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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

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‘Leave things better than you find them’: the volunteer army cleaning New Zealand’s remote hiking huts

Armed with rubber gloves and cleaning supplies, helpers trek through the wilderness to spruce up remote huts dotted across the country

From two-person shelters to a 54-bunk fortress, New Zealand’s countryside is scattered with huts that offer weary hikers a safe place to rest. Some huts sit along the popular Milford and Routeburn tracks, others are perched in remote valleys in the wilderness, with views ranging from snowy peaks to flourishing bush.

But the publicly owned network is too vast for the government to maintain, so ordinary people in New Zealand are filling their backpacks with cleaning supplies and hiking into the hills to clean and maintain the huts.

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© Photograph: Liz Wightwick

© Photograph: Liz Wightwick

© Photograph: Liz Wightwick

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