Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Canada Releases Draft Guidelines to Manage Financial Risks of Climate Change
May 27 2022 // A Canadian financial regulator released draft guidelines on Thursday to mitigate the risks of climate change as the country’s financial institutions prepare for mandatory disclosures starting in 2024. The guidelines,...
Study Finds Climate Change Could Hit U.S. Corn Belt Hard
May 26 2022 // Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without “major technological advances in agricultural practices,” the U.S. Corn Belt will be unsuitable for...
HSBC Banker Suspended After Playing Down Financial Risks of Climate Change
May 23 2022 // UK pension schemes should not ignore climate change, a senior executive at The Pensions Regulator said on Monday, the first watchdog to weigh in after a top HSBC banker was suspended after playing down the financial risks...
Financial Risks of Climate Change Are Exaggerated: Senior HSBC Banker
May 20 2022 // Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in charge of sustainable investments said in remarks that drew criticism from climate...
Climate Change Boosted Cost of Japan’s Typhoon Hagibis by $4B: Study
May 19 2022 // The effects of human-caused climate change were responsible for roughly $4 billion of the $10 billion in insured losses resulting from Typhoon Hagibis that struck Japan in October of 2019, according to a new analysis of...
Climate Change Is Hurting Insurance Industry: Report
May 17 2022 // Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from...
Climate Change Exacerbated Deadly Floods in South Africa: Study
May 16 2022 // South Africa’s deadliest floods in almost three decades was exacerbated by climate change and similarly heavy rainfall can be expected to occur more regularly, according to scientists collaborating under the World...
How Climate Change Is Fueling More Intense Global Wildfires
May 16 2022 // Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change — and all parts of the world fall under threat. It’s only expected to get worse, with drought and heat waves looming...
AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change
May 13 2022 // Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on...
U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal
May 10 2022 // The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its landmark proposal to require U.S.-listed companies to disclose a range of climate-related risks and...
FutureProof Secures $6.5M to Launch Climate Risk MGA
May 6 2022 // San Diego-based FutureProof Technologies, which calls itself a “climate-smart property/casualty insurtech,” announced that it has raised $6.5 million in capital led by AXIS Digital Ventures, bringing its total...
Central Banks, Supervisors Must Focus on Financial Resilience to Climate Change: BoE
May 3 2022 // The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by 2050 but will also help bolster investment in renewable energy, a Bank of England (BoE) policymaker...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P Study
Apr 27 2022 // Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated. Ratings firm S&P Global, which gives...
Climate Change Exacerbates Extreme Weather in Europe: Report
Apr 25 2022 // Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change...
Climate Change Could Cost U.S. Budget $2 Trillion a Year by End Century
Apr 18 2022 // Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment, released in early...
Climate Change Exacerbates Africa Cyclones: Study
Apr 14 2022 // Extreme rainfall in southeast Africa has become heavier and more likely to occur during cyclones because of climate change, according to a new analysis released Monday [April 11] by an international team of weather...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters
Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of protests at...
Baltimore Gains State Court Edge It Sought in Climate Change Suit Against Big Oil
Apr 8 2022 // Big oil firms totally failed to make a federal case in their defense of a lawsuit seeking to hold them accountable for damages caused by climate change. The city of Baltimore won its fight to have its climate change...
Cities Drive Greenhouse Gas Emissions but Can Provide Solutions to Climate Change
Apr 6 2022 // The world’s cities are a big driver of planet-warming emissions but can play a major role in addressing climate change in the near future. U.N. scientists on Monday laid out ways to rein in emissions and curb climate...
Climate Change Could Cost U.S. Budget $2 Trillion a Year by End Century
Apr 4 2022 // Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on Sunday. The Office of...
