30 Central Banks, Minus U.S., Call for More Green Financing, Better Climate Risk Assessment April 18, 2019 By Reed Landberg With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group including 30 central banks...
Rhine River Could Be Impassable to Ships this Summer if European Drought Returns April 12, 2019 By William Wilkes Germany’s Rhine River could be impassable to ships again this summer if Europe has another drought, a once-rare weather phenomenon...
Mozambique City of Beira Tried to Battle Climate Change – Then Cyclone Idai Hit March 29, 2019 By Cara Anna Long before Cyclone Idai roared in and tore apart Mozambique’s seaside city of Beira, the mayor dreamed of protecting his...
Global Carbon Emissions Hit Record in 2018 on Higher Fossil Fuel Consumption March 27, 2019 By Mathew Carr and Jeremy Hodges Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
BNP Paribas’ Insurance Unit Cuts Exposure to Coal on Climate Change Concerns March 19, 2019 The Cardif insurance division of BNP Paribas, France’s largest bank, on Monday outlined new targets to reduce its exposure to...
Government Overhaul of National Flood Insurance Cheered by Climate Resilience Experts March 18, 2019 By Christopher Flavelle Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities...
NYC Mayor Proposes $10B Plan to Flood-Proof Manhattan as Climate Risk Grows March 15, 2019 By Henry Goldman and Christopher Flavelle New York Mayor Bill de Blasio proposed a $10 billion plan to push out the lower Manhattan coastline as much...
Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry March 14, 2019 By Don Jergler Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects...
Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan March 12, 2019 By Christopher Flavelle Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration...