Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Tech Update: Aon Launches Climate Risk Monitor to Aid Risk Mgmt, Renewal Decisions
Mar 22 2024 // Insurance broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures to physical climate risk in order to enable better business decisions. The property...
Climate Change Speeds Up as Major Indicators Blow Off the Charts, WMO Warns
Mar 20 2024 // All the major indicators of climate change smashed historic records last year, with some rising so steeply that the United Nations’ World Meteorological Organization warned they were “off the charts.” The...
Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules
Mar 15 2024 // A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect...
Australia Warns of Critical Financial Risks to Insurers and Banks From Climate Change
Mar 12 2024 // Australia’s worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events, potentially triggering “cascading effects” across the...
Europe Faces 3C of Global Warming. Here’s How It Plans to Cope.
Mar 8 2024 // Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing with it the heightened peril of extreme weather and trillions of euros of damages to the...
Republican-Led States Sue SEC Over Climate Risk Disclosure Rules
Mar 7 2024 // Ten Republican-led states have sued to challenge new federal rules that require U.S.-listed companies to report climate-related risks, a spokesperson for the West Virginia Attorney General’s Office said on Wednesday,...
City of Chicago Sues Oil and Gas Corporations for Climate Change Deception
Feb 22 2024 // The City of Chicago is suing six oil and gas corporations and their largest trade association for deceiving Chicago consumers about the climate change dangers associated with their products, mayor Brandon Johnson announced...
Global Warming Exceeded Benchmark Over 12-Month Period for First Time on Record
Feb 9 2024 // Global warming exceeded temperatures of 1.5 degrees C over a 12-month period for the first time in record keeping. The European Union’s Copernicus Climate Change Service released its findings in its Global Climate...
Money Managers Try to Put a Price on Climate Risk. It’s Not Easy.
Feb 8 2024 // When investors contemplate risk, it’s straightforward to think about measurable economic shifts like rising interest rates, inflation and sales trends. The data are readily available and simple enough to incorporate...
Climate Change Poses Significant Risk for South African Insurers: Old Mutual
Jan 29 2024 // Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat...
Climate Change Drives Amazon Rainforest’s Record Drought: Study
Jan 26 2024 // Climate change is the main culprit for a record drought in the Amazon rainforest that has drained rivers, killed endangered dolphins and upended life for millions of people in the region, according to a study released on...
Judge Limits Delaware’s Sweeping Climate Change Lawsuit Against Fossil Fuel Companies
Jan 14 2024 // A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry has downplayed the risks of climate change. Tuesday’s ruling significantly narrows...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
Jan 9 2024 // A new Chubb report has found that 76% of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes. Sixty-three percent of respondents to the...
Climate Change Makes Forecasting Harder, Australia’s Agriculture Minister Says
Jan 2 2024 // Climate change is making it harder to accurately predict extreme weather events, said Australia’s agriculture minister Murray Watt, amid criticism the country’s meteorology department failed to provide timely...
Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets
Dec 12 2023 // As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days. The storm, supercharged by the warm July waters of the Pacific, delivered Beijing’s worst...
Climate Change, El Niño Bring T-Shirt Weather in December for Northern Hemisphere
Dec 8 2023 // It’s the cusp of winter in the Northern Hemisphere, but in many places from the US to Japan, it feels more like spring — and forecasters say that’s a sign of what to expect over the next couple of months,...
Insurers Heavily Exposed to Impact of Climate Change: Global Watchdog
Dec 6 2023 // Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of Insurance Supervisors said in a report on...
Florida Commissioner, NAMIC Latest to Push Back on Federal Climate Change Data Call
Dec 6 2023 // Florida’s insurance commissioner and the National Association of Mutual Insurance Companies are pushing back against a plan by the U.S. Treasury to collect data from insurers on risks from climate change, calling it...
EWG Report Finds Rapidly Rising Crop Payouts As Climate Change Hits U.S. Agriculture
Dec 4 2023 // Drought, heat, hail, rain and freezing temperatures – the five horsemen of crop insurance. A new report from EWG found that crop insurance payouts for the top five weather-related losses totaled over $118.7 billion...
Climate Change, Natural Disasters Sent Texas Homeowners Insurance Rates Skyrocketing in 2023
Dec 1 2023 // Insurance companies across Texas have dramatically increased home insurance rates this year, state filings show, as climate change spooks executives and inflation pushes up costs to rebuild after natural disasters. Texas...
