All the headlines from our Climate Change Topic Page, ordered by recency.
Feb 17 2022 // Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by 2050, according to new research.The research, led by the University of Bristol and published in Nature Climate...
Feb 17 2022 // France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling...
Feb 3 2022 // Earth’s global average surface temperatures in 2021 were 1.5 degrees Fahrenheit (0.85 degrees Celsius) above the average for NASA’s baseline period, a new report shows.The average tied with 2018 as the sixth...
Feb 2 2022 // With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and reputational repercussions for corporates. Thomas Englerth, associate director at S&P...
Jan 31 2022 // The Alaska Supreme Court upheld the dismissal of a lawsuit filed by 16 young Alaskans who claimed long-term effects of climate change will devastate Alaska and interfere with their individual constitutional rights.The...
Jan 27 2022 // Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more than threefold over the past 25 years, according to an analysis of federal data by the Environmental Working Group (EWG) released...
Jan 27 2022 // The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association (IUA) has revealed.In a survey of its members, the organization recorded 27%...
Jan 20 2022 // Two-thirds of executives say their companies are “very concerned” about climate change, and 79% believe the world is at “a climate change tipping point,” according to the recently released Deloitte...
Jan 12 2022 // California Gov. Gavin Newsom proposed a $286.4 billion budget that sets off months of budget talks with his fellow Democrats, who control the state Legislature, before the new fiscal year begins July 1.Newsom focused much...
Jan 10 2022 // Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured, according to a report from Munich Re, which noted that U.S. natural catastrophes...
Jan 5 2022 // The year 2021 ended as the fifth hottest in records maintained by the European Union’s Copernicus Climate Change Service that go back to 1979. That finding comes from publicly available data analyzed by Zeke...
Jan 3 2022 // The winter grassland fire that blew up along Colorado’s Front Range was rare, experts say, but similar events will be more common in the coming years as climate change warms the planet – sucking the moisture out of...
Dec 21 2021 // Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a month after pulling back his support of a regional climate initiative amid concerns it...
Dec 21 2021 // Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit closer...
Dec 16 2021 // The American Meteorological Society released a report this week detailing some of the extreme weather events made more likely by human-caused climate change in 2020.The report, Explaining Extreme Events in 2020 from a...
Dec 14 2021 // LONDON – 13th December, 2021 – RMS, the world’s leading catastrophe risk solutions company, is working with leading global specialty (re)insurer Canopius to develop and enhance Canopius’ climate change risk...
Dec 13 2021 // Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon...
Nov 23 2021 // U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s policymaking decisions during his conversations with President Joe Biden, the White...
Nov 22 2021 // Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and possibly more destructive — because of climate change, scientists said.Columns in...
Nov 15 2021 // The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change.After issuing a proposed...