Category:

Climate, Environment, Renewable Energy

Global economic losses from natural disasters top $232 bn in 2019, as the costliest decade on record comes to a close:AON

From a climate perspective, 2019 was the second warmest year on record for land and ocean temperatures since 1851. Notably, record temperatures of 46.0°C were seen in France and 42.6°C in Germany, while the January to May period was the wettest on record in the United States, with 15.71 inches (399 millimeters) of rainfall.

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Top Indian industrialists join hands to fight climate change

Since 1980, nearly 60,000 suicides in India are attributed to warming temperatures, accounting for almost seven percent of the national upward trend in suicide rates.There has been a 150 per cent rise in air pollution-related deaths over the past 20 years and in 2017 alone, India saw 1.2 million deaths due to air pollution.India suffered an economic loss of $37 billion due to climate change in 2018, of which losses due to floods amounted to US $2.8 billion.

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Financial Services CEOs in Davos complain they can’t save planet without clients’ help

Financial companies are under pressure to retreat from funding industries including coal-fired power, and the European Union is working on a so-called taxonomy governing sustainable investments. Lawrence Fink, who runs BlackRock Inc., last week pledged to incorporate environmental concerns into the asset manager’s investment process for both active and passive products.

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