An one day event on ``Disaster Risk Transfer and Financing...
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Climate, Environment, Renewable Energy
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Trump signs executive order directing US withdrawal from the Paris climate agreement — again
US President Donald Trump Trump also signed a letter to the United...
“For Munich Re, it is of utmost importance that rates and conditions are risk-adequate to insure sustainability of the business”
With the beginning of the renewal season in Asian region, Hitesh...
COP27 begins a ‘new era to do things differently’, issue of “loss and damage” to be discussed
29 countries have now come forward with tightened national climate plans since COP26, five more since the publication of last week’s UNFCCC NDC Synthesis report, but still not a majority, said Simon Stiell, the new Executive Secretary of the UN Climate Convention...
TotalEnergies to take legal action after Greenpeace says it under-reports emissions
Greenpeace France earlier accused the oil giant of under-reporting emissions, sparking a debate about its seriousness in the fight against climate change days ahead of the next round of global climate talks. France’s TotalEnergies said on Thursday it would take legal...
Dutch govt to stop banks credit insurance for fossil fuel exports
Around 20 countries including Germany, the United States, Britain and Canada made similar commitments, but only a few including France have so far implemented them into policy The Dutch government on Thursday said it intends to stop giving companies and banks credit...
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...