Severe Storms Expected to Bring Relief, New Risks to Bushfire-Stricken Australia January 15, 2020 By Lidia Kelly Severe storms are expected to bring some relief in the coming days from huge bushfires scorching Australia but the heavy...
World Economic Forum Sounds Alarms About Climate Change Risks January 15, 2020 By Jill Ward The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term...
Climate Scientists Warn that Australia’s Bushfires Could Become the New Normal January 14, 2020 By Matthew Green Bushfires ravaging Australia have provided a foretaste of the kinds of conditions that could become normal unless the world moves...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment January 10, 2020 By L.S. Howard Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires...
Australians Evacuate Their Homes as Soaring Temperatures, Winds Fan Bushfires January 10, 2020 By Colin Packham and Swati Pandey Australia urged nearly a quarter of a million people to evacuate their homes on Friday and prepared military backup as...
Insurance Industry Calls for Action to Mitigate Climate Risk as Australia Bushfires Widen January 8, 2020 By Emily Cadman As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of...
European Investors Urge Big-Four Auditors to Take Action on Climate Risks December 2, 2019 By Matthew Green and Simon Jessop European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action...
France to Require Insurers, Banks to Run Climate Change Stress Tests in 2020 December 2, 2019 France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy...
Coastal Damages from Climate Change Could Cost U.K. Economy Billions by 2050: WWF November 27, 2019 By Jill Ward The U.K. economy could face hits of more than 12 billion pounds ($15.4 billion) a year by 2050 from coastal...
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,...