Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
‘Delay Means Death’ – UN Report Warns Window for Climate Action Is Rapidly Closing
Mar 1 2022 // Climate change is already disrupting billions of lives and humanity is not doing enough to limit the suffering, the United Nations climate science panel warned in a major report on Monday. Noting that nearly half the...
EPA Power to Curb Carbon Emissions Questioned by Supreme Court
Mar 1 2022 // Conservative U.S. Supreme Court justices on Monday appeared skeptical of the federal government’s authority to issue sweeping regulations to reduce carbon emissions from power plants in a case that could undermine...
Climate Change Could Push Flood Losses in U.S. to $40B by 2050
Feb 17 2022 // Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by 2050, according to new research. The research, led by the University of Bristol and published in Nature Climate...
French Insurer CNP to Stop Financing New Oil/Gas Projects to Help Limit Global Warming
Feb 17 2022 // France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling...
NASA: Earth’s Temperature in 2021 Was 1.5 Degrees F Above Baseline
Feb 3 2022 // Earth’s global average surface temperatures in 2021 were 1.5 degrees Fahrenheit (0.85 degrees Celsius) above the average for NASA’s baseline period, a new report shows. The average tied with 2018 as the sixth...
Viewpoint: Climate Change Litigation – Why Better Disclosure Is Vital as Cases Rise
Feb 2 2022 // With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and reputational repercussions for corporates. Thomas Englerth, associate director at S&P...
Alaska Court Rules Against Youths in Climate Change Lawsuit
Jan 31 2022 // The Alaska Supreme Court upheld the dismissal of a lawsuit filed by 16 young Alaskans who claimed long-term effects of climate change will devastate Alaska and interfere with their individual constitutional rights. The...
Crop Insurance Payouts Rise as Climate Change Worsens Droughts, Floods
Jan 27 2022 // Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released...
Climate Risk Is Top London Market Challenge, IUA Survey Shows
Jan 27 2022 // The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association (IUA) has revealed. In a survey of its members, the organization recorded 27%...
Nearly 8-in-10 Executives Believe World Is at ‘Climate Change Tipping Point’
Jan 20 2022 // Two-thirds of executives say their companies are “very concerned” about climate change, and 79% believe the world is at “a climate change tipping point,” according to the recently released Deloitte...
California Budget Aims to Tackle Climate Change, Wildfires, Crime
Jan 12 2022 // California Gov. Gavin Newsom proposed a $286.4 billion budget that sets off months of budget talks with his fellow Democrats, who control the state Legislature, before the new fiscal year begins July 1. Newsom focused much...
Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link.
Jan 10 2022 // Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured, according to a report from Munich Re, which noted that U.S. natural catastrophes...
2021 Ranked as Fifth Hottest Year by EU Climate Change Service
Jan 5 2022 // The year 2021 ended as the fifth hottest in records maintained by the European Union’s Copernicus Climate Change Service that go back to 1979. That finding comes from publicly available data analyzed by Zeke...
Climate Change, New Construction Mean More Destructive Wildfires in West
Jan 3 2022 // The winter grassland fire that blew up along Colorado’s Front Range was rare, experts say, but similar events will be more common in the coming years as climate change warms the planet – sucking the moisture out of...
Connecticut Governor Signs Sweeping Order on Climate Change, Pollution
Dec 21 2021 // Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a month after pulling back his support of a regional climate initiative amid concerns it...
Regulators Warn of Climate Change, Stablecoins as Systemic Financial Risks
Dec 21 2021 // Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit closer...
Meteorological Society Details Extreme Weather Made More Likely by Climate Change
Dec 16 2021 // The American Meteorological Society released a report this week detailing some of the extreme weather events made more likely by human-caused climate change in 2020. The report, Explaining Extreme Events in 2020 from a...
RMS Working with Canopius to Enhance Climate Change Risk Analysis with RMS Climate Change Models
Dec 14 2021 // LONDON – 13th December, 2021 – RMS, the world’s leading catastrophe risk solutions company, is working with leading global specialty (re)insurer Canopius to develop and enhance Canopius’ climate change risk...
From Wildfires to Floods, Climate Change Worsens Extreme Weather Across Globe
Dec 13 2021 // Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon...
Renominated Federal Reserve Chair Powell Committed to Addressing Climate Risk
Nov 23 2021 // U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s policymaking decisions during his conversations with President Joe Biden, the White...
