While the monsoon is crucial for refilling these rivers, the danger...
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Climate, Environment, Renewable Energy
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Climate change altering laws of mortgage risk: Fitch
Fitch is now in the process of integrating physical climate risks...
BackBlue Ocean Finance Commitment surges beyond USD$3 trillion in assets under management
BNP Paribas, Eurazeo and Mirova are the latest financial...
Climate change likely driving early arrival of intense tropical cyclones: Study
The study shows that this seasonal shifting may be related to ocean warming, primarily driven by greenhouse gas emissions. A new study has found that climate change is likely driving the early arrival of intense tropical cyclones. The study, which was published in the...
Climate Change, poor planning make India’s monsoon season devastating
Climate change compounds the phenomenon of weather extremes, said Anjal Prakash, a research director at the Indian School of Business, with both droughts and deluges expected to intensify as the world warms. In the Himalayas, the problem of climate changed-boosted...
Three-quarters of companies globally are not ready for ESG rules: KPMG Report
“Now there will be regulatory and assurance requirements to report accurate information, which raises the bar on controls and processes as well as qualitative statements that will need to be made around the data,” Mike Shannon, Global Head of ESG Assurance at KPMG,...
Metal-mining pollution impacts 23 mn people globally: Study
``Our new method for predicting the dispersal of mine waste in river systems worldwide provides governments, environmental regulators, the mining industry and local communities with a tool that, for the first time, will enable them to assess the offsite and downstream...
Lloyd’s and the UN team up to get insurance to climate vulnerable countries
After the initial focus on the Pacific, the partnership will seek to roll out the model to Asia and parts of Africa LONDON: Lloyd's of London is teaming up with the United Nations Capital Development Fund (UNCDF) to try and improve access to insurance for climate...
Offshore wind industry: Economic pressures and tech innovation need to be managed
Around 380GW of offshore capacity is expected to be added across 32 markets over the next 10 years, according to the Global Wind Energy Council, with half of that growth expected to come from the Asia Pacific region. Developers and their insurers need to manage a...
US home insurance ‘Bubble’ closer to popping as climate risks mount: Report
At the core of the problem is an increase in the severity of disasters exacerbated by climate change and the damage they wreak. Until now, state regulations that cap increases in insurance premiums and subsidized insurer-of-last-resort programs have hidden the...
Annual cost for reaching the SDGs? More than $5 trillion
When expanded to cover all developing economies, using the median per-capita cost for the 48 in the study, total annual needs ris to between $6.9 trillion and $7.6 trillion The analysis focuses on six paths for transformation through sustainable development: social...
Six of nine planetary boundaries now exceeded: Study
"Crossing six boundaries in itself does not necessarily imply a disaster will ensue but it is a clear warning signal. We can regard it as we do our own blood pressure," Katherine Richardson, professor at the University of Copenhagen in Denmark said. Human activities...
Regulators are trying to stop greenwashing before it gets worse
The Australian Competition & Consumer Commission (ACCC) lists sustainability communication among its key priorities, and in Italy an oil company was fined €5 million for calling its diesel “green.” The US Federal Trade Commission (FTC) is currently updating its...