Eight Leading Insurers and Reinsurers Launch Net-Zero Climate Alliance July 12, 2021 Eight of the world’s leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition...
Global Financial Regulators Seek Coordinated Response to Climate Change Risk July 7, 2021 By Nicholas Comfort The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still...
Record High Temperatures Hit Nordic Region, Arctic Circle, Adding to Wildfire Dangers July 7, 2021 By Laura Millan and Lars Paulsson Record-high temperatures from Canada to Scandinavia and intense wildfires flaring up from California to Russia’s Far East are adding to...
AIG Releases Its First Environmental, Social and Governance Report July 1, 2021 By Don Jergler The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must...
EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources June 30, 2021 By Huw Jones The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its...
Prince Charles Launches Partnership with Insurance Industry to Tackle Climate Change June 24, 2021 His Royal Highness the Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit today...
Czech Utility CEZ Manages to Find Insurance After 2 Providers Exit from Coal Coverages June 21, 2021 PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants...
UK Struggles to Adapt to Impact of Climate Change June 18, 2021 By Jessica Shankleman The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused...
Is a Climate Change-Driven ‘Megadrought’ Looming over Parts of U.S.? June 17, 2021 By Don Jergler The Western U.S. could be in for a wild ride thanks to climate change. That’s the brunt of the buzz...
Major Reinsurers Look to Exclude Coal from Treaty Policies, as Climate Pressure Grows June 17, 2021 By Carolyn Cohn and Simon Jessop Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global...