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...
Majority of world’s largest companies exposed to impacts of climate change by 2050: S&P
“Investors and companies are seeking advanced analytics to respond to the financial impact of climate change. Essential to this, is the ability to quantify the financial impact of climate change at asset level to enable meaningful mitigation and adaptation planning,”...
Air Canada purchases 30 electric-hybrid planes to combat climate change effects
The revolutionary regional aircraft, expected to enter service in 2028, will generate zero emissions flying on battery power and yield significant operational savings and benefits. Ottawa: Air Canada announced a purchase agreement for 30 ES-30 electric-hybrid aircraft...
Climate change, salinity and menstrual health problems: Sundarbans women battle triple whammy
"With agriculture becoming unviable due to the increase in salinity of the water because of sea level rise, more and more women are becoming dependent on fishing. This means their exposure to saline water is also increasing," said Nihar Ranjan Raptan, director of the...
Pakistan facing risk of fresh floods, more deaths as toll crosses 1,500
“The economic impact of the floods is a major source of concern for global investors,” said Abdul Kadir Hussain, head of fixed income asset management at Dubai-based Arqaam Capital Ltd. Also, there is nothing tangible on dollar inflows that were supposed to follow the...
‘Clairvoyant’ 2012 climate report warned of extreme weather
In a report that changed the way the world thinks about the harms of global warming, the Intergovernmental Panel on Climate Change’s special report on extreme events, disasters and climate change warned in 2012: “A changing climate leads to changes in the frequency,...
Temp expected to go up by 2.2 degrees Celsius by 2050 in Assam
Assam is highly vulnerable to climate change due to its geographic proximity to the delta region and poor socio-economic conditions and it is reflected in the exposure, sensitivity, and adaptive capacity of the local population to climate-induced extreme events such...
Climate Change intensified rain that fueled Pakistan’s deadly floods, heatwave
The death toll from the floods has risen to nearly 1,500 and the physical damage to the country may surpass $30 billion. More than a million homes are damaged and thousands of schools and health facilities were destroyed Climate change made peak rainfall last month in...
MOODY’s unveils new ESG insurance underwriting solution for P&C insurers
As insurers are seeking to measure the ESG impact of their portfolio, alongside the assessment of traditional insurance risks, this new offering is a great example of how our integrated risk-assessment strategy helps meet our customers’ needs,” said Colin Holmes,...
India: Just 44 pc of premium office space green certified; Green buildings command higher rent,Report
The seven cities are Mumbai, Delhi-NCR, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata. ''It is imperative to look at growing the overall certification coverage if we are to look at achieving the net-zero pledge of 2070 for India, with real estate set to play a...
Howden launches ‘World-First’ voluntary carbon credit insurance product, to help scale the market
Capacity comes from the Lloyd’s market, with Nephila’s Syndicate 2357 as the lead market Charlie Langdale, Head of Climate Risk and Resilience at Howden, says: “For the voluntary carbon market to grow to $50bn by 2030, buyers need to be able to trust that the carbon...