Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Climate Change Will Increase Weather Disasters and Need for Humanitarian Aid: U.N.
Oct 14 2020 // GENEVA – In the wake of heat waves, global warming, forest fires, storms, droughts and a rising number of hurricanes, the U.N. weather agency is warning that the number of people who need international humanitarian help...
Washington Commissioner’s Climate Summit Highlighted Area, Global Vulnerabilities
Oct 8 2020 // “The insurance buying public wants to know that insurance is going to be available and affordable to them when they need it.” That was the take-home message from Washington Insurance Commissioner Mike Kreidler,...
Supreme Court Agrees to Hear Jurisdiction Question in Climate Damages Lawsuit
Oct 5 2020 // The U.S. Supreme Court on Friday agreed to hear an appeal by energy companies including BP PLC, Chevron Corp., Exxon Mobil Corp. and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for...
Pandemics Surpass Climate Change as Biggest Worry for Insurance Professionals: Study
Oct 1 2020 // Pandemics became the top concern for insurance professionals this year as the COVID-19 crisis roils the industry worldwide. Infectious diseases and pandemics were ranked as the most significant risks to society over the...
UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure
Sep 28 2020 // United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to more accurately reflect climate-related risks in their financial accounts. Such risks can range from...
Chinese Companies Lag Far Behind in Climate Risk Disclosure
Sep 24 2020 // A report on the current state of climate risk disclosures among the largest companies in China and the United States found that Chinese companies lag significantly behind their global peers in the S&P 500 in climate...
New York, California Could be Fastest Growing States for Renewables
Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report. The report depicts a “a credit positive for renewable energy developers” in...
Catastrophe Losses Driven Higher by Secondary Perils – And Climate Change
Sep 23 2020 // Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe...
New York Calls on Insurers to Address Climate-Related Financial Risks
Sep 22 2020 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these...
California Burnin’ – a Warning Against One-Party Rule: Opinion
Sep 22 2020 // “California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a...
Frequent Wildfires Decimating Forests Becomes Concern Worldwide
Sep 22 2020 // Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons. But as climate change makes the region more arid, wildfires...
Zurich Insurance Supports Reforestation in Brazil’s Atlantic Forest With 1 Million Trees
Sep 21 2020 // Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life. The eight-year project will help to restore...
Connecticut Sues Exxon for Allegedly Deceiving Consumers About Climate Change
Sep 15 2020 // Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state...
Charleston, South Carolina Sues Big Oil Companies Over Climate Change Costs
Sep 15 2020 // Charleston is now the first city in the American South to sue major oil companies in an attempt to hold them accountable for the “daunting” costs of climate change, city officials announced Sept. 9. The 24...
Delaware Joins List of States and Localities Suing Big Oil
Sep 14 2020 // Delaware has joined the list of state and local governments that have sued the petroleum industry in an attempt to hold oil producers accountable for costs related to climate change. The attorney general’s office...
Report Urges Urgent Action from Financial Regulators to Address Climate Change
Sep 10 2020 // Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission. The report was commissioned by...
Why Some Organizations Are Managing Coronavirus Risk Better Than Others
Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations...
Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel
Aug 31 2020 // The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board...
Germany’s Merkel Urges Stronger Global Effort on Climate Change
Aug 28 2020 // German Chancellor Angela Merkel said on Friday that global efforts to combat climate change were insufficient, and that she would accelerate the fight to combat it in coming years. At a news conference, she said the...
Why Damage from Hurricanes Keeps Rising
Aug 28 2020 // A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. Gulf Coast, because of a...
