The report by Zurich Kotak General Insurance and Zurich Resilience...
Category:
Climate, Environment, Renewable Energy
Latest
MS Amlin joins Natural Disaster Fund as capacity provider
The NDF is a blended risk transfer vehicle designed to mitigate...
Warming Pacific fuels fears of powerful El Niño event
El Niño is a naturally occurring climate phenomenon that can cause...
US:Record drought sparks worries about fires, water supply and food prices
“Right now 61% of the country is in drought and that’s steadily been going up for the calendar year.We just haven’t seen too many springs where this amount of the country has been in this kind of shape.'' said Brian Fuchs, a climatologist with the National Drought...
Record 165 GW of wind power capacity added in 2025, led by China, report says
Asia, led by China and India, commissioned 131 GW of new capacity, which was 80% of the global total. China made up the bulk of that, adding a record 120.5 GW of new wind capacity. Europe was the second-highest region for installations, commissioning 19 GW of new...
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 consequential climate risks, with rising temperatures placing increasing strain on public health systems, infrastructure and workforce productivity, Across the region, working hours lost to heat stress have...
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 (Q1 2025: $113 billion) –the lowest since 2015 and 43 percent below the 21st century Q1 average – and insured losses of more than $20 billion, six percent higher than the 21st century average. Flooding...
Lagos State goes live with Parametric Flood Insurance policy, Protecting up to 4 million people
The parametric flood-risk product was designed by a team of Insurance Development Forum(IDF)member insurance organizations in partnership with the Lagos State Government, including AXA Climate, AXA Mansard in Nigeria, Swiss Re, flood modeler JBA Risk Management,...
‘Polluter pays’ principle must not be reduced to ‘pollute and pay’, SC told
On November 18 last year, a three-judge bench headed by the then Chief Justice of India (CJI) B R Gavai reversed by a majority of 2:1 its own verdict by an interim order and paved the way for retrospective environmental clearance to projects found violating...
Govt launches carbon market portal,domestic market to start within next 4 months
Manohar Lal the Union Minister for Power & Housing and Urban Affairs said the carbon market would function as a mechanism to balance emissions by allowing entities with surplus carbon credits to sell them to those falling short of compliance targets. New Delhi:The...
Iran war should trigger faster exit from fossil fuel dependence, UN climate chief says
In the longer term, the European Commission says its climate change strategy to replace fossil fuels with locally-produced renewable and nuclear energy will secure energy security, and cut countries free from volatile fuel prices. The disruption to energy markets...
A backlash against data centres is spilling into French municipal election races
This mirrors trends across Europe and the United States, where a surge in data center construction has fueled a backlash and turned power use and Big Tech’s footprint into electoral issues on a local and national level. In the town of Le Bourget outside Paris, Sofiane...
Extreme Heat:Making life increasingly unlivable
Scientists determined that on average, those 65 and older experience a month a year when heat prevents them from routine activities. Parts of Asia, Africa, Australia and North America are becoming unlivable for senior citizens, the researchers said. Younger adults...