Grounded Airplanes at Risk from Asia’s Tropical Storm Season, Industry Experts Warn June 3, 2020 By Jamie Freed and Ben Blanchard Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm...
After Big Oil Loses Appeal, Climate Suits Appear Headed to California Courts May 28, 2020 By Brian Melley Big Oil lost a pair of court battles this week that could lead to trials in lawsuits by California cities...
Report: Financial Community Sees Climate Risk as Improperly Priced May 21, 2020 By Don Jergler Climate risk is widely seen in the financial community as being improperly priced. A recent survey with an emphasis on...
Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists May 18, 2020 By Jonathan Tirone Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on...
Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
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...