Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather June 10, 2025 By Frances Schwartzkopff For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate...
South African Insurers to Face Climate Stress Test, SARB Says June 9, 2025 By Adelaide Changole South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to...
Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...
US SEC Will Not Defend Climate Rule in Court February 12, 2025 By Isla Binnie, Virginia Furness and Jonathan Stempel The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial...
Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
German Watchdog Raises Focus on Physical Risks Stemming From Climate Change January 28, 2025 By Nicholas Comfort German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because...
80% of Residents Say New York City Is Unprepared for Climate Risks October 24, 2024 A recent survey reveals that a 80% of New York City residents feel their city is unprepared for climate-related risks....
Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds August 6, 2024 By Leslie Kaufman The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer...
Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...