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Banks’ climate risk  assessment to include their reputational risks:RBI

Banks’ climate risk assessment to include their reputational risks:RBI

by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Indian News, Policy, Regulation

Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...

Luton Airport runway meltdown shows airports vulnerable to climate change

by AIP Online Bureau | Jul 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Airports Council International (ACI), a group representing airports globally, said it will soon publish an airfield maintenance handbook for members with a section dedicated to pavement management “This includes lists of probable cause of pavement distresses, and some...

Most major nations lag in acting on climate-fighting goals: Scientists

by AIP Online Bureau | Jul 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Policy

The tracker describes as insufficient the policies and actions of the world’s top two carbon polluters, China and the U.S., as well as Japan, Saudi Arabia and Indonesia. It calls Russia and South Korea’s polices highly insufficient, and Iran comes in as...

Britain swelters on its hottest day ever as temperatures hit 40C

by AIP Online Bureau | Jul 19, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

Stephen Belcher at the Met Office said he had not expected to see such temperatures in Britain in his career “Research conducted here at the Met Office has demonstrated that it’s virtually impossible for the UK to experience 40C in an undisrupted climate...
Record 40°C UK temperatures linked to climate change: WMO

Record 40°C UK temperatures linked to climate change: WMO

by AIP Online Bureau | Jul 19, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Non-Life

The heatwave is also acting as a lid, trapping atmospheric pollutants, including particulate matter, resulting in a degradation of air quality and adverse health effects, particularly to vulnerable people, explained Lorenzo Labrador, Scientific Officer at WMO’s Global...
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