Latest Climate Change Headlines

All the headlines from our Climate Change Topic Page, ordered by recency.

U.S. Heatwave ‘Virtually Impossible’ Without Climate Change, Scientists Say

Jul 15 2021 // An international group of 27 climate scientists have concluded that the recent heat wave in the Pacific Northwest was “virtually impossible without human-caused climate change.”National Weather Service reports...

Howden Launches Climate Risk and Resilience Division

Jul 15 2021 // Howden, the London-based insurance group, announced the launch of a Climate Risk and Resilience division.Led by Charlie Langdale, the team will focus on risk transfer products that help to accelerate and de-risk the move...

Global Financial Regulators Seek Coordinated Response to Climate Change Risk

Jul 7 2021 // The world’s top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the biggest threats...

Biden Calls Heat Wave a ‘Wake-Up Call’ on Climate Change, Commits to More Firefighters

Jul 2 2021 // The Biden administration said Wednesday it is hiring more federal firefighters — and immediately raising their pay — as officials ramp up response efforts in the face of a severe drought that is setting the stage for...

Japanese Insurers Struggle with Climate Change Cost Estimates

Jun 25 2021 // TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current...

Explaining Climate Change and Financial Disclosure for Insurers

Jun 25 2021 // TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions.Non-life insurer...

Prince Charles Launches Partnership with Insurance Industry to Tackle Climate Change

Jun 24 2021 // His Royal Highness the Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit today at Lloyd’s.The SMI Insurance Task Force, convened by Prince Charles and chaired by...

Some House Republicans Eye Private Sector Plan to Address Climate Change

Jun 24 2021 // U.S. House Republicans aim to use private sector to tackle climate changeWASHINGTON, June 23 (Reuters) – More than 50 Republicans in the U.S. House of Representatives on Wednesday formed a group to discuss how to use...

UK Struggles to Adapt to Impact of Climate Change

Jun 18 2021 // The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused by pollution, the government’s independent adviser on climate matters has warned.Average land...

Is a Climate Change-Driven ‘Megadrought’ Looming over Parts of U.S.?

Jun 17 2021 // The Western U.S. could be in for a wild ride thanks to climate change.That’s the brunt of the buzz in the news this week, as multiple media outlets gave heavy coverage to the severe drought and heatwave currently...

Bank of England Launches Climate Change Stress Test for Insurers, Banks

Jun 8 2021 // The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial system to cope with climate change, saying the results will not be used to determine capital requirements...

World’s Largest Insurers ‘Failing’ to Address Climate Change, Biodiversity Loss

Jun 3 2021 // Most of the world’s largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the lowest, according...

Climate Change Protesters Set Off Stink Bomb at Lloyd’s of London in Ongoing Activism

Jun 2 2021 // Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off a stink bomb in front of the market’s London headquarters.The activist group, Insurance...

From Heat Officers to Mobilization Directors, Specialists Help Cities With Climate Change

Jun 2 2021 // Tucson hired a forester. Miami named a heat officer. And Los Angeles appointed a climate emergency mobilization director.Across the United States, cities have launched new programs focused on dealing with extreme weather,...

Swiss Financial Watchdog Requires Insurers, Banks to Disclose Climate Change Risks

Jun 1 2021 // ZURICH – Large Swiss banks and insurance companies will have to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an...

Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report

May 27 2021 // There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the next five years — and these odds are rising, a U.N. report said on Wednesday. a U.N....

To Protect a Community from Climate Change, New York is Elevating a Park

May 25 2021 // Superstorm Sandy flooded lower Manhattan in 2012 with nearly 5 feet (1.5 m) of water, swamping the city’s subway and destroying homes and businesses.The storm and its aftermath were a wake-up call that New York City...

Impending Dutch Court Decision to Test Shell’s Responsibility for Climate Change

May 25 2021 // A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally.A panel of judges in a lower court...

Canada Faces Mega-Hurricanes if Climate Change Pushes Storms North: Swiss Re Warns

May 21 2021 // Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses and insurers underestimate that escalating risk, according to one of the...

Biden Executive Order Initiates Broad Strategy to Assess, Mitigate Climate Change Risks

May 21 2021 // President Joe Biden on Thursday directed federal agencies to assess and mitigate the increasing and serious risks that climate change poses to individuals, businesses, the federal government and the U.S. financial system,...