All the headlines from our Climate Change Topic Page, ordered by recency.
Sep 24 2020 // U.S. environmental policies will drive long-term demand for renewable energy, Moody’s Investors Service said in a new report.The report depicts a “a credit positive for renewable energy developers” in the...
Sep 23 2020 // Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers.Indeed, broker Aon reveals that more than 60% of 2020’s insured catastrophe...
Sep 22 2020 // New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these...
Sep 22 2020 // “California, folks, is America fast forward.” Thus said Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a...
Sep 22 2020 // Wildfires among ponderosa pines and Douglas firs of the U.S. West have long been part of nature’s cycle of renewal, as much as the changing of the seasons.But as climate change makes the region more arid, wildfires...
Sep 21 2020 // Zurich Insurance Group said it will sponsor a reforestation project in Brazil to convert barren farmland back into native forest that is rich in plant and animal life.The eight-year project will help to restore...
Sep 15 2020 // Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state...
Sep 15 2020 // Charleston is now the first city in the American South to sue major oil companies in an attempt to hold them accountable for the “daunting” costs of climate change, city officials announced Sept. 9.The 24...
Sep 14 2020 // Delaware has joined the list of state and local governments that have sued the petroleum industry in an attempt to hold oil producers accountable for costs related to climate change.The attorney general’s office...
Sep 10 2020 // Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators, the Federal Reserve and the Securities Exchange Commission.The report was commissioned by...
Sep 1 2020 // While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others.According to risk expert Jim Wetekamp, some organizations...
Aug 31 2020 // The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board...
Aug 28 2020 // German Chancellor Angela Merkel said on Friday that global efforts to combat climate change were insufficient, and that she would accelerate the fight to combat it in coming years.At a news conference, she said the...
Aug 28 2020 // A destructive storm rising from warm waters. Again.America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. Gulf Coast, because of a...
Aug 27 2020 // America and the world are getting more frequent and bigger multibillion dollar tropical catastrophes like Hurricane Laura because of a combination of increased coastal development, natural climate cycles, reductions in air...
Aug 27 2020 // A multiyear trend of increasing climate condition measurements from the U.S. and Canada hit a new high in winter 2019-2020, according a new Actuaries Climate Index released this week.The quarterly data’s key metric...
Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Aug 17 2020 // The current heatwave broiling Californians like no event in decades is also elevating the risk for another potential disaster in the weeks ahead: wildfires.While heat and dry conditions have contributed to the Lake and...
Aug 14 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Aug 13 2020 // Last year will be remembered as among the world’s hottest, while greenhouse gases reached their highest levels on record, according to the 30th annual State of the Climate report.The international annual review of...