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Climate activists smear paint over Gucci Christmas tree in Milan - The Independent

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Climate activists smear paint over Gucci Christmas tree in Milan | News | Independent TV

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Climate activists smear paint over Gucci Christmas tree in Milan

Climate activists targeted a Gucci-sponsored Christmas tree in a shopping mall in Milan, Italy, smearing it with orange paint.

The group of activists called ‘Last Generation’ (Ultima Generazione) posted a video of the tree being covered on Friday, 29 December.

They announced it was part of a “repair fund” campaign, asking the government to issue a fund of €20 billion to repair the damage caused by climate change.

In explaining why targeted Gucci tree, they called it “a symbol of a lifestyle that is totally unsustainable,“ adding: “A company with sales of €10 billion per year that donates €1 million in charity [initiatives] and at the same time continues to fuel a system of luxury and consumerism that is decreeing our death sentence.

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Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics