Climate Risks: More than 450 people sue Japan govt seeking damages of 1,000 yen ($6) each

Climate Risks: More than 450 people sue Japan govt seeking damages of 1,000 yen ($6) each

The case in Japan follows similar global lawsuits in which groups of individuals have attempted to hold governments or companies to account over climate action. At least 226 new climate cases were brought in 2024, according to a June report from the Grantham Research...
Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance

Munich Re and Germany’s KfW Development Bank launch a state-backed geothermal risk insurance

Geothermal power is an abundant energy source that can provide clean electricity and heat crucial for meeting net zero goals, and is expected to make up a sizable share of Germany’s future heating needs. But the big upfront costs needed for drilling can often exceed...