"The dramatic rise of trade and geopolitical risk highlights a new...
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New Zealand makes changes in earthquake-prone buildings its assessment to reduce costs
“While well intentioned, the current system for assessing and...
Heat, Air Quality & Insurance Costs: How climate change is affecting our homes – and our health
Ang Li, Melbourne School of Population and Global This year, ten...
Wayanad landslide declared as ‘disaster of severe nature’
``Keeping in view the intensity and magnitude of the Meppadi landslide disaster in Wayanad district, it has been considered by the Inter-Ministerial Central Team as a disaster of severe nature for all practical purposes," a communication to the Kerala government from...
Spectee expands crisis management system to the Philippines following success in Japan
This system, designed to monitor and manage disasters like earthquakes, floods, typhoons, and criminal accidents, gathers real-time visual and textual information from social media platforms (SNS) and official sources Tokyo: Spectee, a Japanese crisis management...
European Central Bank plans insurance for climate risks
One part of the plan is a voluntary public-private reinsurance mechanism that would pool private risks across the EU to help backstop weather-related losses. The second pillar would be to create a mandatory European Union fund to pay reconstruction costs when...
Centre sanctions Rs 1,480 crore to Uttarakhand for disaster management
Earlier, a high-level committee, headed by Union Home Minister Amit Shah, had approved Rs 1,000 crore for various disaster mitigation and capacity-building projects in 15 states. Dehradun: The Centre has sanctioned Rs 1,480 crore to Uttarakhand for disaster...
Give utilisation certificate for SDRF funds spent before seeking more money Kerala HC to govt
The court was hearing a plea initiated by it for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district and claimed over 200 lives Kochi: The Kerala High Court on Thursday directed...
Govt working on policy of ‘zero casualties’ during disasters: Union Minister Rai in Lok Sabha
“India faces a variety of disasters across seasons. The government is working on the policy of ‘zero casualties’ in line with Prime Minister Narendra Modi’s pledge of making India a developed country by 2047,” Union Minister Nityanand Rai said in the Lok Sabha on...
Kerala HC criticises Centre, state on lack of clarity in Wayanad relief aid
The queries from the court came during a hearing of a plea initiated by it for prevention and management of natural disasters in the state in the wake of the landslides that devastated three villages in Wayanad district and claimed over 200 lives Kochi: The Kerala...
Italy makes it mandatory for companies to buy climate risk covers
Most Italian businesses — especially small and mid-sized ones — have no protection at all. The new law will require companies to buy coverage and insurers to write policies or face fines. The plan is backed by a €5 billion ($5.3 billion) reinsurance fund, set up by a...
Zurich Resilience Solutions and GoImpact Capital Partners forge strategic alliance for APAC climate resilience
Initially targeting businesses in Hong Kong, Singapore, and Malaysia, the strategic alliance aims to address key climate risks such as extreme weather events, supply chain disruptions, and operational vulnerabilities HONG KONG SAR: Zurich Resilience Solutions (ZRS),...
Vanuatu urges World Court to recognise climate change harms
Vanuatu, one of the small island states that has spearheaded the effort to get the World Court to give a so-called advisory opinion, was the first of more than 100 states and international organisations to give its views during two weeks of proceedings THE HAGUE:...