Global Carbon Emissions From Fossil Fuels to Hit Record Peak in 2023: Report December 5, 2023 By Eric Roston The Global Carbon Project, an international collaboration of scientists, estimates that worldwide carbon dioxide emissions from burning fossil fuels will...
War Risk Insurance Rates Edge Up After Surge in Red Sea Ship Attacks December 5, 2023 By Jonathan Saul War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday...
Severe Cyclone May Bring Floods to Parts of Southeast India December 4, 2023 By Atul Prakash A severe cyclone in the Bay of Bengal is likely to cause heavy rain and strong winds across southeast India,...
Australia Faces Increased Risk From Bushfires Ahead of El Niño Summer December 4, 2023 By Renju Jose and Cordelia Hsu Australia faces an increased risk of bushfires during the approaching summer, authorities warned on Thursday, with the El Niño weather...
Global Regulators Propose Tougher Scrutiny of Voluntary Carbon Markets December 4, 2023 By Huw Jones A global securities watchdog proposed 21 safety measures on Sunday to improve integrity, transparency and enforcement in voluntary carbon markets...
Spanish Media Association Files $598M Lawsuit Against Facebook Owner Meta December 4, 2023 By Inti Landauro A group representing 83 Spanish media outlets has filed a 550 million euro ($600 million) lawsuit against Facebook owner Meta...
Multiple Commercial Vessels Attacked in Red Sea December 4, 2023 Three commercial vessels came under attack in international waters in the southern Red Sea, the U.S. military said Sunday, as...
Hillary Clinton Calls for Reform of Insurance Sector at COP28 Climate Talks December 4, 2023 By Elizabeth Piper and Valerie Volcovici Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly...
Climate Finance Takes Center Stage at COP28 Climate Talks December 4, 2023 By Simon Jessop, Maha El Dahan and Hadeel Al Sayegh Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning...
Insurance, Cat Bonds Can Help Boost Poorer Countries’ Resilience to Climate Risks December 1, 2023 By Alessandro Parodi, Simon Jessop and Libby George Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help protect them from the...