"Crossing six boundaries in itself does not necessarily imply a...
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Climate, Environment, Renewable Energy
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Regulators are trying to stop greenwashing before it gets worse
The Australian Competition & Consumer Commission (ACCC) lists...
‘Radical reorientation’ needed as half of humanity lacks basic health coverage
“The fact that so many people cannot benefit from affordable,...
Insurer Group warns on property losses due to Climate Change
The warning is the latest from the financial sector of the physical and financial risks posed by rising temperatures. While some investment strategists think climate change will offer opportunities, others warn of physical damage to commercial and residential real estate
Insurance not enough to offset financial risks of climate change, analysts say
Over the next 30 years, the risks from heatwaves, storm surges and floods will increase substantially because of warming already underway, the physical threats report noted
International push to improve food safety
Climate change and the globalization of food production, coupled with a growing global population and increasing urbanization, pose new challenges to food safety. Food systems are becoming even more complex and interlinked, blurring lines of regulatory responsibility. Solutions to these potential problems require intersectoral and concerted international action.
2018 fourth hottest year on record: NASA
“2018 is yet again an extremely warm year on top of a long-term global warming trend,” GISS Director Gavin Schmidt said in a statement on Wednesday. Since the 1880s, the average global surface temperature has risen about 1 degree Celsius. This warming has been driven in large part by increased emissions into the atmosphere of carbon dioxide and other greenhouse gases caused by human activities.
Insurers need to diversify investments to tackle climate risks:IRDA chief
Alice Vaidyan, CMD, GIC Re said that the reinsurance and insurance sector have witnessed varies catastrophes in the last few years and in case of hurricane scenario, some patterns can be found. She emphasised that there is urgent need by insurers and govt. to put forth finances and support the risk management processes.
Power & renewable energy companies facing considerable disruption:Willis Report
George Nassaouati, Head of Natural Resources, Asia at Willis Towers Watson, commented: “It is incumbent on the insurance industry to embrace the risks presented by these new developments and provide the appropriate risk advisory and risk transfer / retention solution. It is essential that today’s power and renewable organisations prepare themselves for the turbulence that disruptive change inevitably brings.”
A.J. Gallagher’s ‘clean coal’ business draws ire of green investors
Now, the Green Century Funds and Calvert Funds – which include A.J. Gallagher in their portfolios based on its record as an insurance firm, not a coal supplier – said they will review the company’s green credentials. Green Century and Calvert are two of nation’s leading money managers focused on corporate environmental, social and governance matters.
World Bank Gr announces $50 bn over five yrs for Climate Adaptation & Resilience
Our new plan will put climate resilience on an equal footing with our investment in a low carbon future for the first time. We do this because, simply put, the climate is changing so we must mitigate and adapt at the same time,” said World Bank Chief Executive Officer Kristalina Georgieva. “We will ramp up our funding to help people build a more resilient future, especially the poorest and most vulnerable who are most affecte
65% chance that weak El Niño will emerge in Spring, U.S. Weather Service
El Niño can affect rainfall and temperature patterns in many regions, with important consequences for agricultural and food security sectors, according to the United Nations World Meteorological Organization.
Underestimating Climate Change Risks could hit iInvestors: Opinion
A comprehensive new study most companies expect climate change will increase their operational costs and reduce or disrupt production capacity due to events such as floods, drought or hurricane damage. And awareness is growing rapidly: The number of companies seeing such risks as either “virtually certain” or “more likely than not” to occur surged from 34 percent in 2011 to 67 percent in 2016. Yet serious complacency persists