Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
RMS Global Catastrophe Model Leader Launches First Climate Change Models, Enabling New Risk Insights
May 6 2021 // New Climate Change Models Show Impact of Climate Change on Losses; Losses from Hurricanes Could Increase by 24 percent by 2050 Newark, Calif., May 5, 2021 – RMS, the world’s leading catastrophe risk modeling and...
French Regulator Urges Insurers, Banks to Speed Climate Change Response
May 5 2021 // French banks and insurers should speed up their response to climate change, France’s banking regulator said on Tuesday, after publishing what it called the world’s first climate-related stress test of...
New Jersey to Bake Climate Change Risk Into Policies, Share Costs
Apr 27 2021 // New Jersey will incorporate the impacts of climate change and rising seas into all its major policy decisions in the near future, and will seek to share the costs of protecting the state among all levels of government and...
Climate Change Activists Protest at Lloyd’s of London, Dumping a Load of ‘Coal’
Apr 23 2021 // Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a dump truck to deposit a large pile of fake coal in front of the Lloyd’s...
Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re
Apr 22 2021 // If nothing is done to combat climate change, global temperatures could rise by 3.2°C within the next 30 years, shrinking the world economy by 18%, according to new research from Swiss Re, which was rolled out on Earth...
Kenya Startup Pula Offers Insurance to African Farmers Hit by Effects of Climate Change
Apr 20 2021 // KITUI, Kenya – When Kenyan farmer Waki Munyalo’s crop of lentils shrank by three quarters last year because of unusually low rainfall, disaster was averted thanks to a simple remedy that was previously unavailable...
Russia Vulnerable to Climate Change, Causing Expensive Natural Disasters
Apr 14 2021 // The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to negative 60 degrees Celsius (-76 Fahrenheit) last January, even they had to submit to the...
New Zealand Becomes 1st Country to Introduce Climate Change Law for Insurers, Banks
Apr 13 2021 // New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said...
Rhode Island Governor Signs Climate Change Bill Into Law
Apr 12 2021 // A wide-ranging climate bill that requires Rhode Island to reach net-zero greenhouse gas emissions by 2050 was signed into law Saturday by Governor Daniel McKee. “With four hundred miles of coastline, urban and rural...
Hawaii Study Offers Steps to Battle Climate Change
Apr 12 2021 // A new study from the University of Hawaii’s School of Architecture has offered detailed short- and long-term design alterations that could help the state combat the effects of climate change. Scientists have warned...
New York City Loses Appeal Seeking to Hold Oil Firms Liable for Global Warming Effects
Apr 1 2021 // A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming. Ruling in favor of BP Plc, Chevron Corp.,...
Zurich Insurance Deepens Climate Change Strategy
Apr 1 2021 // Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming. Targets will include its own internal operations,...
New York Proposes Guidance for Insurers on Financial Risks of Climate Change
Mar 25 2021 // The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change. The proposed guidance comes after a circular letter was...
RMS Launches New Climate Change Models
Mar 23 2021 // New Solutions Turn Climate Change Science into Business Risk Insights and Strategy Newark, CA – March 22, 2021 – RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch...
Central Europe Could Face Megadroughts as Climate Change Hits
Mar 23 2021 // Policy makers who are raising the alarm over water scarcity could still be underestimating the scale of droughts in store for central European economies, according to new research. More frequent dry spells over the last...
Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study
Mar 22 2021 // LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit...
Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done
Mar 18 2021 // With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead investors over climate change risks, but that may be easier said than done, more than a dozen...
Maryland Senate Passes Measure to Fight Climate Change
Mar 16 2021 // The Maryland Senate voted Friday for a package of steps to fight climate change by planting 5 million trees over 10 years, increasing energy efficient buildings and committing to more electric state vehicle use. The...
Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals
Mar 16 2021 // Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. The...
Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance
Mar 4 2021 // Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning Circulation during the 20th century has weakened more than at any other time over the...
