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King Charles III at SXSW London – from Royal Family website https://www.royal.uk/news-and-activity/2025-06-05/the-king-visits-sxsw-london-and-old-spitalfields-market-in-shoreditch SXSW London last week drew a panoply of high-level speakers, from His Majesty, King Charles III, to Idris Elba, Orlando Bloom and Bryce Dallas Howard, to business leaders from across the U.K. and the global economy. This was the first SXSW outside the annual Austin, Texas event. A few other government leaders spoke too, including Rachel Kyte, UK Climate Envoy, who spoke at SXSW London’s Nature & Climate House, which was hosted by Bellwethers Group. As usual, Rachel Kyte did not mince words, while also showing her diplomatic skills. Rachel Kyte (l), UK Climate Envoy & David Gelles of The New York Times, at Nature & Climate House, … More SXSW London Joan Michelson Here are highlights from Kyte’s conversation with David Gelles of The New York Times on June 3rd at the Nature & Climate House: We have the money: “There is no question whether or not we have the money, we have the money,” Kyte told Gelles and the audience. “We have wealth funds, we have ways of generating more income. We can remove subsidies, we can put taxes and levies on the things which are highly polluting. Pollution is extremely concentrated into certain sectors of the economy, certain companies and certain tiers of wealth in the world. And if we were to, you know, rethink that, then there’s no doubt that there’s the money.” “Climate change (can) destabilize our financial systems”: “This (is) the ability of climate change to destabilize our financial systems, our economic systems to undermine people’s prosperity and wealth. This is charging at us at like a gray rhino, right? Political science. It’s a gray rhino event, which means that you’re standing on this pathway and a very big, terrifying and lethal…

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Filed under: News - @ June 16, 2025 12:23 pm