More than 25 people were killed Thursday in landslides in the...
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India likely to cross $4 trillion economy mark this fiscal: CEA Nageswaran
Chief Economic Advisor V. Anantha Nageswaran noted India is fully...
Heavy rainfall unleashes deadly floods across Southeast Asia
Total number of confirmed dead in Vietnam is now 91.Flooding in...
Delhi records worst air pollution, 447 Indian districts fail air quality test
The report by the independent research organisation Centre for Research on Energy and Clean Air said Chandigarh recorded the second-highest annual average PM2.5 level at 70 micrograms per cubic metre during the study period from March 2024 to February 2025, followed...
UN climate deal increases money to countries hit by climate change, but no explicit fossil fuel plan
“I cannot pretend that COP30 has delivered everything that is needed. The gap between where we are and what science demands remains dangerously wide.”U.N. Secretary-General Antonio Guterres BELEM, Brazil: After two weeks of negotiations, this year’s United Nations...
G20 Summit: PM Modi calls for stronger global cooperation on disaster preparedness, Climate Change, open satellite data access
Narendra Modi, Prime Minister, India "Recalling the commitments made at the 2023 New Delhi G20 Summit to triple renewable energy capacity and double energy-efficiency rates by 2030, Modi urged developed nations to deliver affordable climate finance and technology on...
Belgian farmer sues French energy giant for damage caused by climate change
Worldwide, environmental groups and individual citizens have brought nearly 100 cases against major oil producers including BP, Exxon Mobil and Shell in the last two decades. A 2023 report by the United Nations Environment Program found that the number of lawsuits had...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
World’s first impact bond on weather and climate data opens for contributions
“This Impact Bond will increase internationally shared data five-fold, strengthening the world’s ability to forecast and prepare for extreme weather and climate hazards. Studies show that closing the data gap could generate USD 5 billion in direct annual benefits and...
Deadly heat worldwide prompts $300 million for climate health research at COP30
An October report in The Lancet scientific journal estimates the yearly number of deaths from heat-related causes worsened by climate change at nearly 550,000. Another 150,000 annual deaths can be linked to air pollution, often from the burning of fossil fuels but...
Banks at crossroads as AI costs rise and risks escalate: S&P Report
In terms of risk management practices, the report pointed out that deploying AI technologies introduces new technical risks and increases reliance on third-party vendors. At the same time, AI can help banks improve risk identification, monitoring, and pricing. New...
Willis and Rare partners to launch innovative insurance solution for fishers in the Philippines
Christopher Au, Head of APAC Climate Risk Centre, at Willis, said: “With over 1.9 million registered small-scale fishers relying on the nearshore for their livelihoods, the impacts of climate change, such as high winds, rough seas and heavy rainfall, pose increasing...
Hurricane Melissa to trigger Jamaican Cat Bond, reinsurance losses
Hurricane Melissa will trigger the $150 million, International Bank for Reconstruction and Development (IBRD) Capital-at-Risk (CAR) Jamaica 2024 parametric catastrophe (cat) bond. New York: Fitch Ratings expects minimal disruption to the global (re)insurance sector...