Build capabilities to ensure correct assessment of climate change risks: RBI Dy Guv Rao

Build capabilities to ensure correct assessment of climate change risks: RBI Dy Guv Rao

The climate-specific vulnerabilities’ interplay with real economy and financial sector vulnerabilities can lead to financial stability risks, Reserve Bank Deputy Governor M Rajeshwar Rao said New Delhi: Reserve Bank Deputy Governor M Rajeshwar Rao has stressed on...

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),...
Developing nations blast $300 billion COP29 climate deal as insufficient

Developing nations blast $300 billion COP29 climate deal as insufficient

The showdown over financing for developing countries comes in a year scientists predict will be the hottest on record. Climate woes are stacking up, with widespread flooding killing thousands across Africa, deadly landslides burying villages in Asia, and drought in...

10 most climate-vulnerable countries got less than $1 year climate finance: Report

The data also shows the 10 countries most affected by climate change between 2000 and 2019 received just $23bn, less than two per cent of all climate finance, despite accounting for nine per cent of the world’s population. The 750 million people now living in these...