Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
New York Proposes Guidance for Insurers on Financial Risks of Climate Change
Mar 25 2021 // The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change. The proposed guidance comes after a circular letter was...
RMS Launches New Climate Change Models
Mar 23 2021 // New Solutions Turn Climate Change Science into Business Risk Insights and Strategy Newark, CA – March 22, 2021 – RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch...
Central Europe Could Face Megadroughts as Climate Change Hits
Mar 23 2021 // Policy makers who are raising the alarm over water scarcity could still be underestimating the scale of droughts in store for central European economies, according to new research. More frequent dry spells over the last...
Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study
Mar 22 2021 // LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit...
Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done
Mar 18 2021 // With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead investors over climate change risks, but that may be easier said than done, more than a dozen...
Maryland Senate Passes Measure to Fight Climate Change
Mar 16 2021 // The Maryland Senate voted Friday for a package of steps to fight climate change by planting 5 million trees over 10 years, increasing energy efficient buildings and committing to more electric state vehicle use. The...
Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals
Mar 16 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The...
Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance
Mar 4 2021 // Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning Circulation during the 20th century has weakened more than at any other time over the...
Maryland Capital Sues Oil, Gas Companies Over Climate Change
Mar 1 2021 // Maryland’s capital city has filed a lawsuit against 26 oil and gas companies, saying their industry was taking the environment to a point where fighting climate change would be difficult. The City of Annapolis filed...
Florida Lawmakers Unveil $100M Plan to Tackle Climate Change, Sea Rise
Mar 1 2021 // Low-lying Florida, surrounded by the sea, is one of the most vulnerable U.S. states to ocean level rise driven by climate change. State Republican legislative leaders on Friday announced a $100 million-a-year plan to...
Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks
Feb 25 2021 // Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks of climate change, under a government program, according to a statement in...
UK Prime Minister Warns Climate Change Is Threat to World Security
Feb 25 2021 // British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations and sharply criticized people across the globe who say this is “green stuff from a bunch of...
AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential
Feb 24 2021 // All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a...
Securities Regulators Back International Climate Risk Disclosure Body
Feb 11 2021 // Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate risks and sustainability, saying it would cut the scope for so-called...
Climate Group Urges South Carolina Towns to Tackle Climate Change
Feb 4 2021 // A new group in Charleston is committed to lowering the area’s carbon footprint, and they’ve notched a recent success on James Island. The Charleston Climate Coalition, an all-volunteer group, was a driving...
Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts
Feb 2 2021 // Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal economies already struggling to adapt. The revised estimates published Tuesday...
Massachusetts Governor Charlie Baker Vetoes Sweeping Climate Change Bill
Jan 20 2021 // Massachusetts Governor Charlie Baker vetoed a sweeping climate change bill Thursday, just days after top Democratic lawmakers on Beacon Hill vowed to immediately refile and pass it again if the Republican refused to sign...
Supreme Court Hears Baltimore’s Climate Change Damages Claim Against Energy Firms
Jan 20 2021 // The U.S. Supreme Court on Tuesday grappled with a dispute that one justice called a “close call” over a lawsuit filed by the city of Baltimore against energy companies seeking monetary damages due to the impact...
How Climate Change May Affect Hurricane Risk and Losses: AIR, Brookings, AXIS
Jan 19 2021 // By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or more and in some cases doubling them, even without any increase in the concentration of...
Warming Arctic Is Key to Understanding Climate Change Risks, Experts Say
Jan 14 2021 // HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next...
