Australia Settles Lawsuit Over Climate-Related Systemic Risks to Sovereign Bonds August 31, 2023 The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related...
Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice August 31, 2023 By Tommy Wilkes and Simon Jessop More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies...
Coal Producers Forced to Self-Insure as They Are Cut Adrift by Insurers August 31, 2023 By Clara Denina and Sarah McFarlane Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they...
Climate Change Doubled Odds of Eastern Canada’s Extreme Wildfire Weather: Research August 23, 2023 By Kendra Pierre-Louis This summer’s wildfires in eastern Canada have raged so intensely that smoke from them darkened skies as far away as...
How Satellites Are Helping Farmers Adapt to Climate Crisis August 21, 2023 By Paul Tullis When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is...
Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected August 21, 2023 By David Sharp, Jim Morris and Martha Bellisle Firefighters kept wildfires at bay near the capital of Canada`s Northwest Territories as well as a threatened city in British...
Raging Wildfires Prompt Evacuation of Northern Canadian City, Yellowknife August 18, 2023 By Danielle Bochove Wildfires have forced an evacuation of Yellowknife, the capital of Canada’s Northwest Territories. Officials with the territorial government told residents...
How Climate Change Drives Heatwaves and Wildfires in Europe August 18, 2023 By Kate Abnett Europe is once again battling scorching temperatures this summer, with wildfires blazing across the continent from the Mediterranean to Spain....
Financial Services Firms ‘Largely Blind’ to Exposures From Nature-Related Risks: Report August 17, 2023 By Alastair Marsh Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate...
More Funding for U.S.-Based Provider of Retained Climate Risk Reinsurance August 17, 2023 By Don Jergler Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses...