Climate Change

Earth heading towards irreversible "hothouse" state: Study

International News       Aug 07, 2018

  London: Our planet is at the risk of entering an irreversible 'hothouse' condition - where the global temperatures will rise by four to five degrees and sea levels may surge by up to 60 metres higher than today - even if targets under the Paris...

Apple, and Swiss Re collaborate to accelerate Renewable Energy Development in US

International News       Aug 06, 2018

  NEW YORK: Apple, Akamai, Etsy and Swiss Re today announced an agreement to develop two new wind and solar energy farms in Illinois and Virginia. Spearheaded by Apple, the new projects will generate 290 megawatts to the PJM electric grid serving much of the Eastern...

Extreme Weather in Europe and Asia Sparks Wildfires, Floods

Facts       Jul 27, 2018

  Extreme weather that’s gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that’s parched crops and sparked devastating forest fires.   Temperatures have risen to a record from Japan to Norway because of a stationary blocking high-pressure system, the...

Climate Change Is Beginning to Shift Planet’s Seasons: Scientists

Facts       Jul 23, 2018

  Poring over four decades of satellite data, climate scientists have concluded for the first time that humans are pushing seasonal temperatures out of balance—shifting what one researcher called the very “march of the seasons themselves.”   Ever-mindful of calculable uncertainty and climate deniers, the authors give...

Europe’s Banks move to greener finance in response to Climate Change Risks

International News       Jul 14, 2018

  Some of Europe’s largest banks are unveiling plans to lend and manage money in greener ways as pressure mounts to account for risks associated with climate change.   “It is coming, it’s a trend that’s started,” said Louis Douady, head of corporate social responsibility at Natixis...

Rising sea levels may cost $14 trillion worldwide annually by 2100: Experts

International News       Jul 04, 2018

  Rising sea levels could cost $14 trillion worldwide annually by 2100, say scientists who warn that failing to limit global warming to two degrees Celsius will lead to dire global economic consequences. The researchers from UK National Oceanographic Centre (NOC) also found that upper-middle income...

Almost Half of South Asia Vulnerable to Climate ‘Hotspots’: World Bank

International News       Jul 02, 2018

Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in one of the world’s poorest regions, the World Bank said.   A World Bank report released on June 28 analyzes two scenarios: “climate sensitive,” based on...

Climate Change:Swiss Re stops covers for businesses with 30% thermal coal exposure 

International News       Jul 02, 2018

  Zurich: Swiss Re, the second largest global reinsurer,on Monday has started the implementation of its thermal coal policy announced in June 2017.Under the coal policy, Swiss Re will not provide re/insurance to businesses with more than 30% exposure to thermal coal across all lines of...

Climate change could cost India 2.8% of GDP by 2050:World Bank

Indian News       Jun 28, 2018

  Climate change could cost India 2.8 per cent of GDP, and depress living standards of nearly half of its population by 2050, as average annual temperatures are expected to rise by 1-2 per cent over three decades, a World Bank report today said.   If no...

Global Warming Likely to Exceed Paris Agreement Cap of 1.5°C by 2040: UN

International News       Jun 15, 2018

  Global warming is on course to exceed the most stringent goal set in the Paris agreement by around 2040, threatening economic growth, according to a draft report that is the U.N.’s starkest warning yet of the risks of climate change.   Governments can still cap temperatures...

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