The report's authors flagged that SDG progress has stalled at the...
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Climate, Environment, Renewable Energy
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Asia warming twice as fast as global average: WMO
The sea surface in Asia is also warming at nearly double the global...
Battery Ventures invests in Descartes Underwriting
“Over the past six years, Descartes has established itself as the...
Climate’s ‘Catch-22’: Cutting pollution heats up the planet
The removal of the air pollution – a term scientists call “unmasking” – may have had a greater effect on temperatures in some industrial Chinese cities over the last decade than the warming from greenhouse gases themselves, the scientists said Air pollution, a global...
Australian companies, directors face new liability for nature-based risks
Directors could be held personally liable for breaching their “duty of care and diligence” under the Australian Corporations Act by not identifying and disclosing nature-based risks. The most egregious violations of director duties can carry large fines or lead to...
Electric cars to increase by almost 10 times by 2030: International Energy Agency
"The transition to clean energy is happening worldwide and it's unstoppable. It's not a question of 'if', it’s just a matter of ‘how soon’ -- and the sooner the better for all of us,” said International Energy Agency Executive Director Fatih Birol New Delhi: The...
Global study shows over half of Earth’s vital signs at record extremes
''Life on our planet is clearly under siege,'' said co-lead author William Ripple, a distinguished professor at the Oregon State University, US New Delhi: A global team of scientists has shown in a new study that 20 of the Earth's 35 vital signs have ''worsened beyond...
World far off track on pledges to end deforestation by 2030 – report
Deforestation increased by 4% worldwide in 2022 compared with 2021, as some 66,000 square kilometers (25,000 square miles) were destroyed, the annual Forest Declaration Assessment report said. That means the world is 21% off track to end deforestation by 2030. The...
Amazon River falls to lowest in over a century amid Brazil drought
Brazil's Science Ministry blames the drought on this year's onset of the El Nino climate phenomenon, which is driving extreme weather patterns globally. In a statement earlier this month, the ministry said it expects the drought will last until at least December, when...
Lloyd’s approves Oka syndicate-in-a-box 1922, to focus on solution to protect against buyer-side carbon credit risks
The volume of carbon credit purchases has quadrupled over the past four years, with the market expected to grow exponentially as corporations make commitments to achieve net zero targets as a priority LONDON: Asta, the leading third-party managing agent at Lloyd’s,...
Howden launches climate-focused parametric insurance unit
The global market for parametric insurance is expected to reach $29.3 billion by 2031, analysis from Allied Market Research showed, up from $11.7 billion in 2021 London: UK-based insurance broker Howden said on Tuesday it had created a new unit to focus on climate-...
EU banks told to review clients in historic ESG crackdown
Global banking and financial stability organizations are all reviewing reporting and capital frameworks, though none has moved as fast as the EU in setting firm requirements. The Basel Committee on Banking Supervision expects to publish a proposed framework for...
India to start monitoring high-risk glacial lakes next year
There are 56 at-risk glacial lakes in India and the urgency to monitor them was stepped up after Lhonak Lake in the eastern Himalayas burst its banks two weeks ago and caused widespread damage in Sikkim, a small mountainous state wedged between China, Nepal and Bhutan...