Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund November 28, 2023 By Tommy Wilkes and Simon Jessop Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising...
Biden’s Clean Energy Agenda Faces Mounting Headwinds November 27, 2023 By Nichola Groom and Jarrett Renshaw Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate...
Many Australians Abandon Insurance as Premiums Surge on Climate Costs: ICA Head November 27, 2023 By Ben Westcott Increasing numbers of Australians are abandoning their insurance policies as premiums surge in response to climate-linked natural disasters, the head...
Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report November 22, 2023 By Frances Schwartzkopff As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk...
France, US Plan to Seek Ban on Private Finance to Coal-Fired Plants at COP28: Sources November 22, 2023 By Sarita Chaganti Singh, Kate Abnett and Valerie Volcovici France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the...
Climate on Track to Warm by Nearly 5.2F Without Aggressive Actions: UN Report November 21, 2023 By Gloria Dickie Countries’ current emissions pledges to limit climate change would still put the world on track to warm by nearly 3...
India Tunnel Collapse Shows Risk of Construction in Fragile Himalayas November 20, 2023 By Lou Del Bello For nearly a week, 40 workers have been trapped in an under-construction tunnel after a landslide demolished its entrance, derailing...
US Climate Report Shows Rising Temps, Greenhouse Gas Emissions Headed Down November 17, 2023 By Don Jergler A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S....
Poor Countries Are Missing Out on Pre-Arranged Climate Disaster Finance: Study November 16, 2023 By Alessandro Parodi The poorest and most vulnerable countries do not benefit enough from pre-arranged financing to cope with disasters and are most...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...