Energy infrastructure will become more vulnerable to extreme weather such as heatwaves and hurricanes, the World Meteorological Organization warned on...
Climate change risks News
The European Central Bank will limit purchases of longer-term debt issued by companies that rank poorly under a new scoring...
Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of...
Australia’s mounting extreme weather events threaten to make home insurance premiums unaffordable for an estimated 1 million households. On average,...
A sudden jump in carbon prices coupled with floods and droughts this year would lead to losses of at least...
Europe’s landmark test of banks’ resilience to global warming was far softer than many lenders had expected, according to people...
The UK’s accounting watchdog is proposing new rules for insurance companies to make sure actuaries factor in climate change risk....
Insurance broker WTW has enhanced the capability of its Climate Diagnostic tool, which was first launched in April 2021. In...
Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and...
LONDON – Banks and insurers that fail to manage climate risks as a “first-order” issue could face a 10% to...