According to preliminary estimates, 1H economic losses in the U.S....
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Climate, Environment, Renewable Energy
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US hurricane losses could surge by 50% under 2°C global warming, MS Amlin study warns
The findings come as the industry grapples with an intensifying...
Expanding Indian EV Market: Securing Battery Insurance
Battery, making up about 60% of an EV’s total cost often doesn’t...
Allianz and Dutch development bank back $1.1 bln sustainable loans fund
The fund will co-invest in a portfolio of about 100 loans targeting the energy, financial and agribusiness sectors to help developing countries meet three SDGs – boosting economic growth, equality, and fighting climate change Allianz Global Investors and Dutch...
Impact of climate change on health takes centre stage at COP28: WHO
7 million premature deaths annually are attributed to air pollution The health community recognizes the role health systems play in contributing to emissions, and advocates for greening the health sector. This involves decarbonizing health systems, digitalizing...
Net zero goal calls for USD 5 trillion in annual green investments: IMF
Of the 50 per cent cut to emissions needed by 2030 to stay on track for the 1.5-degree target, more than 80 per cent can be achieved from technologies available today. Getting to net zero by 2050 will, however, require technologies that are still under development or...
Spiraling climate costs make insurance unaffordable for some Australians
Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...
Climate change events may soon start affecting your brain functioning: Study
In the new study, teams from the universities of Geneva, New York, Chicago, Washington, Stanford, Exeter in the UK and the Max Planck Institute in Berlin, said that climate change events may change brain structure, function, and overall health, while calling for more...
Workers face double hit from climate change and new technologies, ILO head warns
ILO Director-General, Gilbert F. Houngbo also highlighted rising inequality, insecurity and vulnerability. He told the leaders that this made work on improving and protecting skills even more important ILO Director-General, Gilbert F. Houngbo, has warned that workers...
Villagers resist India’s biofuel push, fearing hidden health risks
Touted as a green fuel and a solution to cut tailpipe emissions from vehicles when blended with gasoline, ethanol - a biofuel - is key to India's action to tackle climate change. But the residents of Chittanur village in Telangana state say they are not ready to pay...
Corporate America is rethinking diversity hiring
America First Legal — founded by Stephen Miller, a former senior adviser to President Donald Trump — has lodged complaints with the US Equal Employment Opportunity Commission against more than 20 companies, including American Airlines Group Inc., Macy’s Inc.,...
Number of global climate-related court cases rise almost three times in last 6 yrs
In the last five years, the number of climate-related court cases that have been filed around the world more than doubled, according to a 2023 report by the U.N. Environment Programme (UNEP) and New York’s Columbia University, from 884 filed by 2017 to nearly 2,500 as...
Economic models buckle under strain of climate reality
"But climate change is fundamentally different to other shocks because once it has hit, it doesn't go away," said Thierry Philipponnat, author of a report by Finance Watch, a Brussels-based public interest NGO on financial issues Record temperatures, droughts, floods...