Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel August 31, 2020 By Balazs Koranyi and Frank Siebelt The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change...
Bank of England Governor Warns Investors Failing to Consider Climate Risks June 30, 2017 By Jessica Shankleman and Francine Lacqua Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will...
G20 Task Force Develops Climate-Related Financial Disclosure Framework Supported by Insurers June 29, 2017 By Nina Chestney A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial...
Companies May Soon Be Required to Disclose Financial Impact of Climate Risk May 24, 2017 By Nina Chestney Companies’ disclosure of risks to their business from climate change could become mandatory in a few years as investor pressure...
Insurers, Banks & Pension Funds ‘Must Address’ Climate Risk Exposures July 13, 2016 By Doug Alexander The world’s insurers, banks and pension funds are “inherently susceptible” to threats from climate change and must make adjustments, from...
Swiss Re & Partners Unveil Initiative to Speed Economic Recovery After Cat Event January 22, 2016 Swiss Re Corporate Solutions Ltd. and Veolia have joined forces, under the auspices of The Rockefeller Foundation, to launch an...
Insurers Unprepared for Costs of Climate Change, Warns UN Climate Diplomat October 28, 2015 By Alex Morales Insurers are unprepared for the costs of climate change, the top United Nations climate diplomat said as world leaders make...
As Climate Talks Resume, Divisions Between Poor & Rich Nations Highlighted September 1, 2015 By Ewa Krukowska Just days before global negotiators were set to meet for talks on climate change, Tropical Storm Erika killed at least...
Commentary: Have We Learned the Right Lessons From Sandy? December 4, 2013 By Jeff Marqusee and David Titley One year ago, Hurricane Sandy slammed into the New York and New Jersey coasts. As a result, 43 people died,...
Conn.-Based Insurers Now Required to Participate in NAIC Climate Risk Surveys July 17, 2013 Connecticut Insurance Commissioner Thomas Leonardi today announced that Connecticut-based insurance companies will now be required to complete the annual Climate...