Category:

Disaster & Management

Clean energy assets face climate risks, Zurich Insurance Says

Clean energy assets face climate risks, Zurich Insurance Says

Roughly 46% of Europe’s total renewable generation capacity will be at “critical risk” from the fallout of climate change unless owners do more to protect existing and planned assets, according to a report by Zurich Resilience Solutions, a unit of Zurich Insurance...

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US spends nearly $1 trillion on disaster recovery and other climate-related needs over last one year

US spends nearly $1 trillion on disaster recovery and other climate-related needs over last one year

Overall, increased climate costs from insurance premiums, power outages, disaster recovery and uninsured damage are responsible for $7.7 trillion, or 36%, of US GDP growth since 2000. Risks are rising both from climate change, as it increases the severity and...

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