https://www.ft.com/content/3be2100f-3ea5-42a2-9523-33e05953705c?accessToken=zwAGDClbwdTwkc874hAPPqVCotOVIzPgWVNwXA.MEQCIHT1yBcO55ONzsrmsoZxsFYiyQrsyRpR386NdGaMpL4SAiA9pnlxrD-Dr4x0p–78Rwrq0U3fhb1SIK5Mufb_NaWsw&sharetype=gift&token=2536f27a-c18b-4616-82e3-8ddbf2b0413c
Unprecedented dry spell plunges residents into crisis and highlights threats to rainforest’s role as carbon sink
One of the world’s largest rivers and a major tributary of the Amazon, the yawning Rio Negro is a pillar of the rainforest ecosystem that is crucial to the stability of the global climate. But vast sections of the waterway are currently dry. For weeks, an unprecedented drought has pummelled the region, reducing water levels in key Amazonian arteries to record lows and wreaking havoc on local communities and the unique wildlife of the biome.
Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. and executive-in-residence and co-director of the Marquette S-Lab. He is also founder and chair of the board of Water + Energy Forward, a green bank focused on market-based climate solutions. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught “Sustainable Finance” since 2009. He publishes
Sustainable Finance and is co-author of
The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.
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