by AIP Online Bureau | Feb 22, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts
A lawyer for the group said the case submitted to the Constitutional Court is modeled on a similar lawsuit in Germany that prompted the government there to set new targets for reducing greenhouse gas emissions two years ago. A dozen minors filed a lawsuit with...
by AIP Online Bureau | Jan 26, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Christian Mumenthaler,, group chief executive officer, Swiss Re The difficulties are forcing the insurance industry to get creative. There are three levers it can use to reduce climate risks: reduce its own emissions, force the companies it invests in to reduce their...
by AIP Online Bureau | Dec 3, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts
The analysis shows that finance flows to NbS are currently only USD 154 billion/year, which is less than half of the USD 384 billion/year investment needed by 2025 and only a third of investment needed by 2030 (USD 484 billion/year) Geneva: Financing for nature-based...
by AIP Online Bureau | Nov 23, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
In a dire report released Wednesday that will add to pressure on the government to take firmer action on climate change, the Commonwealth Scientific and Industrial Research Organisation and the Bureau of Meteorology said rising greenhouse gas levels are causing the...
by AIP Online Bureau | Nov 9, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Serving policyholders at all the milestones in their lives, (re)insurers play a crucial role in addressing climate-related risks, primarily through their measuring, pricing and assumption of risk and thus through their payment of insured claims — including life and...