Protecting 1.2% of Earth Would Prevent Most Extinctions, Study Says June 25, 2024 By Jake Spring Setting aside an additional 1.2% of the world’s land as nature preserves would prevent the majority of predicted plant and...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
Migratory Animals in Peril From Overhunting, Habitat Loss: UN Report February 12, 2024 By Leslie Kaufman Every year, mammals, birds, fish and insects make epic migrations between habitats. The humpback whale, famously, can travel 5,000 miles...
Financial Services Firms ‘Largely Blind’ to Exposures From Nature-Related Risks: Report August 17, 2023 By Alastair Marsh Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate...
Association of British Insurers Pushes Members to Act on Biodiversity Loss July 6, 2023 By Priscila Azevedo Rocha A British insurance group is pushing its members, which include Allianz SE, Aviva Plc and Chubb Ltd., to step up...
Climate Change to Cost Germany Up to €900B by 2050: Study March 7, 2023 Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage...
Biodiversity Emerges as New Risk for Asset Managers After UN Summit December 20, 2022 By Alastair Marsh Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in...
African Insurers and Banks Form Alliance to Tackle Biodiversity Crisis June 10, 2022 By Natasha White Many of Africa’s biggest banks and insurers have joined forces to tackle the continent’s biodiversity crisis while at the same...
Financial Services Firms Face Disclosure Requirements for Biodiversity Investments May 27, 2022 By Divya Chowdhury and Jessica DiNapoli DAVOS, Switzerland – Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure requirements...
AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change May 13, 2022 Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro...