Fossil fuels are the main culprit, accounting for over 75 per cent...
Category:
Climate, Environment, Renewable Energy
Latest
Climate change risks impacting financial system, need India-specific data: RBI’s Dy Gov
“Over the last few years, we have taken several incremental...
Some infectious diseases saw a huge surge in 2024
“The resurgence of preventable and climate-sensitive illnesses...
Climate change much deadlier than cancer in some places, UNDP data shows
The data shows that climate change could increase mortality rates in Faisalabad, Pakistan by near 67 deaths per 100,000 population – causing more fatalities than strokes, the country’s third leading cause of death In Riyadh, Saudi Arabia, however, higher incomes could...
ESG will increasingly influence insurers’ strategies: Fitch
Large weather-related losses for property and casualty (P&C) insurers highlight increasing environmental physical risks many experts link to climate change. In response, we expect P&C (re)insurers to increase premium rates and, in some cases, pull back from...
Europe hotting up more than twice global average: WMO
In 2021, high impact weather and climate events led to hundreds of fatalities, directly affected more than half a million people and caused economic damages exceeding $50 billion. About 84 per cent of the events were floods or storms As the climate continues to...
Heat waves due to climate change have cost world economy trillions so far
The study is among the first to specifically examine how heat waves affect economic output, said senior author Justin Mankin, an assistant professor of geography at Dartmouth It has discovered that from 1992 to 2013, heat waves statistically correlated with changes in...
EU approves effective ban on new fossil fuel cars from 2035
"This deal is good news for car drivers… new zero-emission cars will become cheaper, making them more affordable and more accessible to everyone," Parliament's lead negotiator Jan Huitema said BRUSSELS: The European Union struck a deal on Thursday on a law to...
Fungal infection list launched by WHO flags global health threat
"Emerging from the shadows of the bacterial antimicrobial resistance pandemic, fungal infections are growing, and are ever more resistant to treatments, becoming a public health concern worldwide," said Dr Hanan Balkhy, WHO Assistant Director-General for antimicrobial...
Climate change becomes the number one risk in all geographies: AXA Report
Thomas Buberl, CEO, AXA Geopolitical risks come in second place, overtaking cyber and pandemic risks. 95% of the experts surveyed expect geopolitical tensions to persist and spread throughout the world. As an indirect consequence, energy-related risks are now in...
India suffered income loss of $159 bn in key sectors due to extreme heat in 2021: Report
Suruchi Bhadwal, director for earth science and climate change at The Energy and Resources Institute, said,'' Extreme weather events in our regions have shown that the effects of climate change are increasing, and more and more people are being affected.'' ''The need...
Australian banks may have to rethink mortgages in risk areas -NAB
Ross McEwan, chief executive officer of National Australia Bank Ltd said that as devastating floods become more frequent it raises questions about whether banks will help people buying assets in flood-prone areas and what the cost will be Australian banks may have to...
U.S. Treasury proposes a new rule to collect data on climate-related risks from P&C insurers
U.S. Treasury Secretary Janet Yellen has pressed U.S. financial regulators to make assessment of climate change risks a normal part of their everyday work, including a demand that companies increase disclosures of such risks to investors Treasury said the proposed...