Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
California Budget Aims to Tackle Climate Change, Wildfires, Crime
Jan 12 2022 // California Gov. Gavin Newsom proposed a $286.4 billion budget that sets off months of budget talks with his fellow Democrats, who control the state Legislature, before the new fiscal year begins July 1. Newsom focused much...
Natural Disasters Cost Insurers $120B in 2021. Munich Re Points to Climate Change Link.
Jan 10 2022 // Natural disasters across the globe caused economic losses of US$280 billion in 2021, of which roughly US$120 billion were insured, according to a report from Munich Re, which noted that U.S. natural catastrophes...
2021 Ranked as Fifth Hottest Year by EU Climate Change Service
Jan 5 2022 // The year 2021 ended as the fifth hottest in records maintained by the European Union’s Copernicus Climate Change Service that go back to 1979. That finding comes from publicly available data analyzed by Zeke...
Climate Change, New Construction Mean More Destructive Wildfires in West
Jan 3 2022 // The winter grassland fire that blew up along Colorado’s Front Range was rare, experts say, but similar events will be more common in the coming years as climate change warms the planet – sucking the moisture out of...
Connecticut Governor Signs Sweeping Order on Climate Change, Pollution
Dec 21 2021 // Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a month after pulling back his support of a regional climate initiative amid concerns it...
Regulators Warn of Climate Change, Stablecoins as Systemic Financial Risks
Dec 21 2021 // Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit closer...
Meteorological Society Details Extreme Weather Made More Likely by Climate Change
Dec 16 2021 // The American Meteorological Society released a report this week detailing some of the extreme weather events made more likely by human-caused climate change in 2020. The report, Explaining Extreme Events in 2020 from a...
RMS Working with Canopius to Enhance Climate Change Risk Analysis with RMS Climate Change Models
Dec 14 2021 // LONDON – 13th December, 2021 – RMS, the world’s leading catastrophe risk solutions company, is working with leading global specialty (re)insurer Canopius to develop and enhance Canopius’ climate change risk...
From Wildfires to Floods, Climate Change Worsens Extreme Weather Across Globe
Dec 13 2021 // Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new records for carbon...
Renominated Federal Reserve Chair Powell Committed to Addressing Climate Risk
Nov 23 2021 // U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s policymaking decisions during his conversations with President Joe Biden, the White...
Climate Change Could Fuel Atmospheric Rivers, Which Caused Recent Canada Floods
Nov 22 2021 // Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger — and possibly more destructive — because of climate change, scientists said. Columns in...
New York Issues Final Guidance to Insurers on Managing Risks of Climate Change
Nov 15 2021 // The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change. After issuing a proposed...
COP26 Climate Agreement Targets Fossil Fuels as Key Driver of Global Warming
Nov 15 2021 // GLASGOW – U.N. climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the key driver of global warming, even as coal-reliant countries lobbed last-minute objections. While the agreement...
Risky Business: Climate Change Turns Up Heat on Insurers, Policyholders
Nov 12 2021 // Tony and Jhan Dunn never thought they would leave California, where they grew up, built a life together and planned to retire. But after a wildfire swept through their Northern California town of Paradise three years ago,...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change
Nov 8 2021 // A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the talks will lead to changes needed for business to play a bigger role in...
Louisiana Governor Addresses Climate Change Challenges at COP26
Nov 8 2021 // With his trip to an international climate change conference, Gov. John Bel Edwards acknowledged Louisiana’s obvious front-row seat to the problems of a warming planet while raising his profile on an issue few of the...
Reports from U.S.-based Group Will Examine Impacts of Climate Change on Terrorism
Nov 4 2021 // A new global partnership with the National Consortium for the Study of Terrorism and Responses to Terrorism will focus on the impact of climate change on terrorism. START, which is based at the University of Maryland, with...
Insurance Regulators: Mitigation, Solvency Are Keys to Surviving Climate Change
Nov 4 2021 // The United States will not be able to insure its way out of coming climate disasters, but must focus on mitigation and resiliency – along with insurer solvency — to reduce risk and exposure, insurance regulators...
New York DFS Announces New Climate Change Division, Appoints Dr. Chen to Lead
Nov 3 2021 // In its latest move to address the effects of climate change, the New York Department of Financial Services (DFS) announced a new climate risk division and appointed Dr. Nina Chen as its executive deputy superintendent. Dr....
Bank of England to Push Banks, Insurers on Climate Risk Capital Requirements
Oct 29 2021 // The Bank of England will crack down from next year on banks and insurers that do not hold enough capital to cover risks from climate change, while also considering bespoke safety buffers. Climate-related financial risks...
