Complex Financial Products Aren’t the Solution to Climate Change or Pandemic: Opinion May 8, 2020 By Kate Mackenzie, Bloomberg Opinion Almost exactly four years ago the World Bank announced a pioneering project, the Pandemic Emergency Financing Facility, designed to develop...
Billions Will Experience ‘Sahara’ Like Heat in Next 50 Years, Report States May 8, 2020 By Don Jergler Roughly a third of the global population could experience an average annual temperature of 84.2 degrees Fahrenheit (29C) in the...
Global Temperatures in April Matched Warmest on Record: European Climate Group May 6, 2020 By Laura Millan Temperatures in April were on par with the previous warmest April on record four years ago, with extremely high temperatures...
German Economy Relies on Rhine River – But Levels Are Low Without April Rainfall April 28, 2020 By William Wilkes and Brian Parkin Germany’s spring showers haven’t materialized this year, and that’s drying out the country’s most important river, prompting concerns that key...
Rising Sea Levels Could Double Extreme Flooding Events on Coastline, Report States April 16, 2020 By Don Jergler “Sea-level rise will radically redefine the coastline of the 21st century.” That’s from a new study that shows rising sea...
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re April 8, 2020 By L.S. Howard Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty...
Exxon Loses Jurisdiction Fight in Massachusetts Climate Suit March 20, 2020 By Erik Larson Exxon Mobil Corp. suffered a setback in a climate change case when a federal judge ruled that a consumer protection...
Report: Climate Change Requires a ‘Rethink’ of How Catastrophic Events are Funded March 19, 2020 By Don Jergler Severe weather events and demographic challenges will continue to strain government finances, a trend that will require “a rethink of...
After Australia’s 2019 Floods, Insurers Begin to Bail, Banks Keep Lending March 16, 2020 By Swati Pandey, Carolyn Cohn and Simon Jessop Only a year after losing their homes to floods in parts of Australia’s north eastern coast of Queensland, people are...
Australia Faces Worsening Bushfires Without Climate Change Action: Report March 11, 2020 By Rob Verdonck Australia risks worse wildfires than this season’s record-breaking blazes unless it reduces emissions and phases out fossil-fuel exports, climate scientists...