World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience December 7, 2022 By Esteban Duarte The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for...
Data on Natural Disaster Risks Crucial for Australia’s Climate Resilience December 5, 2022 By Harry Brumpton Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia’s economy more resilient to...
NASA: U.S. Coastlines Could Experience a Foot of Sea Level Rise Within 30 Years December 1, 2022 By Don Jergler Sea levels along U.S. coastlines could rise as much as 12 inches above today’s waterline by 2050, according to NASA...
Dutch Court Denies RWE and Uniper Compensation for Closure of Coal-Fired Plants December 1, 2022 The Dutch state does not have to compensate German energy suppliers RWE and Uniper for the decision to close coal-fired...
COP27 Delivers Climate Fund Breakthrough at Expense of Progress on Emissions November 21, 2022 By Valerie Volcovici, Dominic Evans and William James Countries closed this year’s U.N. climate summit on Sunday with a hard-fought deal to create a fund to help poor...
How Climate Change Will Affect Countries Around the World November 9, 2022 By Gloria Dickie While delegates at the COP27 climate conference discuss the shared problem of climate change, each country will face its own...
COP27 Kicks Off With Deal to Discuss Compensating Poor Nations for Global Warming November 7, 2022 By Gloria Dickie and Kate Abnett Delegates from nearly 200 countries kicked off the U.N. climate summit in Egypt on Sunday with an agreement to discuss...
Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles November 3, 2022 By Don Jergler A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or...
Earth Is on Track to Warm Above 2C, Even With Climate Action: UN Report October 26, 2022 By Laura Millan Government plans to cut greenhouse gas emissions aren’t enough to avoid catastrophic global warming, with the planet on track to...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...