Latest Climate Change Headlines

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

World’s Largest Companies Forecast Climate Change Could Cost Them $1 Trillion

Jun 4 2019 // An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years.Some $2.1 trillion worth of potential good news is...

IBHS Chief Wright Urges Congress to Consider Tax Credits for Climate Resilience

May 30 2019 // Roy E. Wright, CEO and president of the Insurance Institute for Business & Home Safety, wants Congress to consider financing resilience.The IBHS chief testified during a recent appearance before the House Ways and...

European Central Bank Calls for ‘Deeper Understanding’ of Climate Risks

May 29 2019 // Climate change could hit bank balance sheets with a knock-on effect on financial stability, the European Central Bank warned on Wednesday.In a special feature for its semi-annual Financial Stability Review on Wednesday,...

Is Sea Rise Wrecking Coastal Home Values? The Answer: Maybe

May 20 2019 // For sale: waterfront property with sweeping views of the Atlantic Ocean. Waves erode beach regularly. Flooding gets worse every year. Saltwater damage to lawn.Asking price: anyone’s guess. Some research suggests...

Bills Proposing Climate Change Studies Stall in Texas Legislature

May 17 2019 // A few months before this year’s biennial legislative session, a report commissioned by Gov. Greg Abbott on lessons learned from Hurricane Harvey declared a dire need to “future-proof” the state.Some...

California’s New Climate and Sustainability Chief in Talks with Insurers

May 16 2019 // Michael Peterson has had about five months to come in and tackle what promises to be unique job.Peterson is California’s deputy commissioner for climate and sustainability. After California Insurance Commissioner...

Lenders Scolded for Climate Ignorance in ‘Insane’ Florida Deals

May 14 2019 // Hurricane Michael killed seven people and caused more than $6 billion in damage in Florida in October, a toll compounded by warmer, higher seas and wetter air, the signs of climate change scientists have long warned...

Climate Change Threatens One Million Species with Extinction: Scientists

May 6 2019 // Relentless pursuit of economic growth, twinned with the impact of climate change, has put an “unprecedented” one million species at risk of extinction, scientists said on Monday in a landmark report on the...

House Passes Climate Now Act, But What’s The Next Step?

May 2 2019 // The U.S. must take an active role in mitigating climate change on the global stage.So says the U.S. House of Representatives, which voted today on H.R. 9, the Climate Action Now Act. The bill, which passed 231-190, largely...

UK Climate Change Adviser to Recommend Target of Zero Emissions by 2050: Sources

Apr 30 2019 // The U.K. government’s official adviser on climate change is set to recommend the country adopt a target to drive net fossil fuel emissions to zero by 2050, according to people familiar with the plan.If adopted, the...

Washington D.C. Plans to Confront Climate Change by Retrofitting Flood-Prone Buildings

Apr 29 2019 // Washington is announcing a goal of retrofitting or removing all of its flood-prone buildings by 2050, the first major U.S. city to set such a policy.The proposal is part of a broader plan to protect Washington, which is...

California Insurance Commissioner Rejects Petition to Require Fossil Fuel Underwriting Disclosure

Apr 23 2019 // California’s new insurance commissioner wasn’t getting along so well on Earth Day with groups of climate change and consumer activists.California Insurance Commissioner Ricardo Lara, who put battling climate...

Municipalities Try to Reassure Investors on Climate Risks in Bond Offerings

Apr 23 2019 // When Miami Beach borrowed $162 million from Wall Street this week, it wanted investors to know rising seas and extreme weather are a real risk to the city and that it’s doing something about it.An increasing number...

S&P Will Issue ‘Environmental, Social and Governance’ Evaluations Including on Insurance Sector

Apr 18 2019 // If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may want to rethink.ESG standards, which companies use to highlight...

New Crop of Satellites Will Identify Biggest Contributors to Climate Change

Apr 18 2019 // A wave of satellites set to orbit the Earth will be able to pinpoint producers of greenhouse gases, right down to an individual leak at an oil rig.More than a dozen governments and companies have or are planning to launch...

30 Central Banks, Minus U.S., Call for More Green Financing, Better Climate Risk Assessment

Apr 18 2019 // With insurers shouldering a record $160 billion in climate-related losses from last year alone, a group including 30 central banks called for measures to spur green finance and better assessment of the risks from higher...

Experts Give Texas Mixed Reviews on Disaster Preparedness

Apr 17 2019 // More than a year and a half after Hurricane Harvey slammed into Texas, killing dozens, the state is still waiting on billions in federal recovery dollars. In the meantime, Texas lawmakers are looking to prepare the state...

Insurers Pitch Quick-Paying Parametric Disaster Insurance to Public Sector

Apr 9 2019 // Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The catch: Even a...

From Insurers to Traders to Retailers, More Industries Depend on Weather Tracking

Apr 1 2019 // Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts.Eilts, senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an unexpected cold front in...

Mozambique City of Beira Tried to Battle Climate Change – Then Cyclone Idai Hit

Mar 29 2019 // Long before Cyclone Idai roared in and tore apart Mozambique’s seaside city of Beira, the mayor dreamed of protecting his people from climate change.It would be a huge challenge. Large parts of the city of 500,000...