EU Weighs Stress Tests to Improve Financial Firms’ Buffers Against Climate Risks November 7, 2019 The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks,...
Companies in Polluting Industries Slow to Disclose Climate Change Risks: Moody’s October 22, 2019 By Nichola Groom U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though...
Insurers to Offer up to $5B in Capacity to Hike Developing Nations’ Climate Resilience September 25, 2019 By Katherine Chiglinsky Insurers are partnering with the United Nations and other public groups to help the poorest countries bounce back from natural...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
French Utility EDF Prepares Its Nuclear Reactors for Climate Change July 11, 2019 By Francois de Beaupuy Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades...
Greenhouse Gas Emissions Must Be Halved by 2030 to Avoid 3C Warming: Scientists June 19, 2019 By Nina Chestney Emissions need to be halved by 2030 to limit warming to 1.5 degrees Celsius but temperatures are on track to...
Companies Failing to Disclose Exposure to Risks of Climate Change: Global Task Force June 6, 2019 By Susanna Twidale Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a...
World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion June 4, 2019 By Eric Roston An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose,...
New Crop of Satellites Will Identify Biggest Contributors to Climate Change April 18, 2019 By Aaron Clark A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down...