Housing Market Downturn Among Top Risks to Canada’s Financial System: Regulator April 21, 2023 A potential downturn in Canada’s housing market and adjusting to rapid increases in interest rates are among the biggest risks...
Record Heat and Drought Force Europe to Accelerate Climate Adaptation April 21, 2023 By Jonathan Tirone The record heat and drought hurting European farmers, power utilities and insurers foreshadows even faster change to the continent’s climate,...
Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050 April 20, 2023 By Don Jergler Cannabis enthusiasts have the 4/20 holiday, but in two days some 7.9 billion people have cause to celebrate. Earth Day...
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance April 19, 2023 By Tom Sims and Simon Jessop German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing...
Climate Activists Sue EU for Labeling Gas and Nuclear Investments as ‘Green’ April 18, 2023 By Kate Abnett Greenpeace and other campaign groups are set to take the European Commission to court on Tuesday, seeking to overturn European...
Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Companies That Form Global Climate Alliances Need Antitrust Guidance: Experts April 5, 2023 Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to...
Leading Investor Group NZAOA Toughens Stance on New Upstream Oil & Gas Projects April 3, 2023 The Net Zero Asset Owner Alliance (NZAOA) said on Wednesday [March 29] it expects members to make no new direct...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks April 3, 2023 By Laura Malsch and Alastair Marsh Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says...
Activist Group Calling for Immediate Halt to Insuring Fossil Fuels March 30, 2023 By Don Jergler A letter to the world’s insurance companies from a climate activist group calls on the industry to immediately stop insuring...