Asia, led by China and India, commissioned 131 GW of new capacity,...
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APAC Cat Report:Economic losses of $76 bn,Insured losses at $7 bn in 2025, says Aon
Extreme heat is also emerging as one of Asia Pacific’s most...
Global Cat Report:Q1 of 2026 records $37 bn of economic losses and $20 billion of insured losses
The report highlights Q1 economic losses of at least $37 billion...
US spends nearly $1 trillion on disaster recovery and other climate-related needs over last one year
Overall, increased climate costs from insurance premiums, power outages, disaster recovery and uninsured damage are responsible for $7.7 trillion, or 36%, of US GDP growth since 2000. Risks are rising both from climate change, as it increases the severity and...
Action plan should be made to tackle heat waves: Amit Shah
Amit Shah ,Union Home Minister ``For the first time, we have also created a National Disaster Risk Management Fund at the national level with ₹68,000 crore,'' revealed Amit Shah New Delhi: Union Home Minister Amit Shah said over the past two years, workshops of all...
Hindu Kush Himalayas at greater risk Of landslides, floods this monsoon: Report
While the monsoon is crucial for refilling these rivers, the danger from water-related disasters, such as floods, landslides, storms, heatwaves, wildfires, droughts and GLOFs, is increasing due to the worsening impacts of climate change. New Delhi: There is a high...
Climate change altering laws of mortgage risk: Fitch
Fitch is now in the process of integrating physical climate risks into credit assessments. The move reflects an evolving concern among ratings firms and regulators alike that climate change is hitting the mortgage market — and the bonds that finance it — in ways that...
BackBlue Ocean Finance Commitment surges beyond USD$3 trillion in assets under management
BNP Paribas, Eurazeo and Mirova are the latest financial institutions to join the Commitment which ensures a regenerating and sustainable ocean has a seat at the table in finance and insurance decisions. They join existing endorsers including Deutsche Bank, Standard...
India is a strategic focus for World Business Council for Sustainable Development, says President CEO Peter Bakker
Peter Bakker. President and CEO, World Business Council for Sustainable Development WBCSD is mobilizing members in India to advance efforts in measuring and managing physical risk across value chains.These risks arise from the physical impacts of climate change and...
India calls for transboundary cooperation to address extreme heat risks
PK Mishra, Principal Secretary to the Indian Prime Minister Outlining India’s transition from a preparedness-only approach to long-term heatwave mitigation, including cool roof technologies, passive cooling centers, urban greening, and the revival of traditional water...
Strengthening early warning systems and coordination crucial for disaster resilience: PM Modi
Narendra Modi, Prime Minister Prime Minister Modi underscored that disaster resilience requires innovative financing and called for the creation of actionable programs to ensure developing nations have access to necessary funds as the third priority New Delhi:...
NSE Sustainability launches ESG ratings for listed companies
"NSE Sustainability's mission is to provide stakeholders, including investors, businesses, regulators and the public with accurate, comprehensive and unbiased evaluations of corporate sustainability practices," NSE MD and CEO Ashishkumar Chauhan said. New Delhi: NSE...
As part of the ESG Bond deal, L&T is committed to environmental targets, including a decrease in intensity of fresh water withdrawal and emissions of greenhouse gases. These initiatives are in line with the company’s long-term sustainability goals of achieving...