Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture October 19, 2023 By Brian Kahn Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
Oka Gets ‘In Principle’ Approval to Launch Lloyd’s Syndicate-in-a-Box 1922 October 17, 2023 Asta, the leading third-party managing agent at Lloyd’s, and Oka, the Carbon Insurance Company, announced that Lloyd’s has granted “in...
Markets/Coverages: Howden Launches Climate Parametrics Practice to Help Clients Derisk Net-Zero Climate Transition October 17, 2023 Howden, the London-based insurance group, announced the creation of Howden Climate Parametrics, a global practice that brings together re/insurance, climate,...
UK Closer to Mandatory CO2 Disclosures With New Guidelines October 10, 2023 By Alastair Marsh The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that...
European Insurers Underwrite 30% of US Coal: Study September 28, 2023 By Gautam Naik and Alastair Marsh Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the...
Australia’s New Hope to Ramp Up Coal Output, Sees Modest Insurance Premium Hikes September 19, 2023 By Melanie Burton and Navya Mittal Australian miner New Hope Group’sCEO Rob Bishop said on Tuesday plans are progressing to double output over the next three...
Regulators Move to Stop Greenwashing Before It Gets Worse September 18, 2023 By Olivia Rudgard In 2021, a series of HSBC advertisements started appearing on bus stops around the UK. Part of a campaign centered...
Climate Change Sends Most Indicators of Earth’s Health Into Danger Zone: Study September 15, 2023 By Laura Millan From dangerously warm temperatures to vast species extinctions, humans are living on a planet that is becoming inhospitable — with...
World’s Largest Ports May Be Unusable by 2050 Without More Climate Action: Report September 11, 2023 By Jonathan Saul Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to...