“Insurers have a key role to play in the development of the...
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Climate, Environment, Renewable Energy
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Govt props up India’s climate preparedness
Jitendra Singh, Union Minister,Ministry of Earth Sciences “We are...
Global natural disasters cause overall losses of around $ 131bn,insured losses at $ 80bn in H1 2025, says Munich Re
Thomas Blunck, Member of the Board of Management After the record...
Lloyd’s of London inadequate on ESG, Report says
French insurer Axa SA topped the property & casualty league table, while Japan’s Sony Financial Group came bottom London: The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel...
ANALYSIS-Climate verdict for Swiss women a warning for European states, oil industry
It's "going to have a significant impact on the other pending cases before the European Court," said Tom Cummins, partner at British multinational law firm Ashurst. There are seven lawsuits pending at the ECtHR that rest their argument on the same rights violation...
PM Modi chairs high-level meeting to review preparedness for heat wave conditions this summer
Prime Minister also stressed upon awareness creation along with adequate preparation in hospitals. He also highlighted the need for quick detection and putting out forest fires New Delhi: Prime Minister Narendra Modi on Thursday chaired a meeting to review...
Europe’s wildfires in 2023 were among the worst this century, report says
Preliminary data for the first three months of 2024 show almost double the average number of fires, although these did not have major impact in terms of burnt areas According to the report, the wildfires produced some 20 megatonnes of CO2 emissions, equivalent to...
Takeaways from the Swiss women’s climate victory
This is the first time a regional human rights court has ruled that countries can violate human rights by failing to reduce their climate-warming emissions fast enough.The Court said it interpreted the European Convention on Human Rights language on a right to private...
IDF announces plans to facilitate investments in resilient infrastructure in emerging markets
Philipp Hildebrand, Vice Chairman of BlackRock, said,``“BlackRock is delighted to partner with a group of our most strategic insurance investors to help advance their objective of building greater resilience against climate change and other natural disasters in...
March marks yet another record in global heat
"It's the long-term trend with exceptional records that has us very concerned," C3S Deputy Director Samantha Burgess told Reuters. "Seeing records like this - month in, month out - really shows us that our climate is changing, is changing rapidly," she added The world...
India likely to get normal monsoon this year, Skymet says
The weather forecaster expects "sufficiently good rains" in southern, western and north-western parts of the country. Punjab, Haryana, Rajasthan and Uttar Pradesh in the north together make the farm bowl of north India New Delhi: India is expected to see a normal...
Experts hail SC ruling on climate change but warn against impacts of renewable energy projects
Manshi Asher, a researcher and an activist working on environment justice issues, said the judgment needs to be examined closely because it is being invoked to justify large-scale centralised solar production and transmission, which has a high material footprint...
Zurich Insurance to halt coverage of new fossil-fuel exposures
Zurich says its policy update is limited to new fossil-fuel projects, and that it will continue to underwrite existing ones. The company also says the measures are unlikely to have a significant impact on its bottom line Zurich Insurance Group AG will no longer...