Aviva plc will target 2.5 billion pounds ($3.9 billion) of investments in renewables and energy efficiency over five years to cut exposure to climate risks. The company, which manages about 250 billion pounds of assets, will embed carbon risk into …
London is importing climate-related risks through investments, insurers and supply chains, according to a new report that details dangers posed to the UK capital by global warming beyond the physical effects. More than half of FTSE 100 companies and 60 …
Projects to capture carbon emissions from power plants and store them permanently underground face “large risk premiums” from insurers because the technology is so new, Royal Dutch Shell plc said. “Insurance will be able to address only part of the …
Some of the world’s richest nations threw their weight behind a plan to stamp out fossil-fuel emissions by the end of the century in an unprecedented show of unity on climate change. The Group of Seven is pushing to “decarbonize,” …
The pace of global warming hasn’t slowed since 1998, a finding that contradicts a major United Nations study and challenges a key argument of skeptics of manmade climate change. Temperatures since 2000 have risen at a pace that is “virtually …
Last year was the hottest recorded in data stretching back to 1880, the United Nations said, confirming a preliminary figure released in December. The average global air temperature over land and sea in 2014 was 0.57 degree Celsius (1.03 degrees …
U.K. Energy Secretary Ed Davey called for a debate on forcing companies to disclose their exposure to fossil fuels so that investors know the risks they face as cleaner forms of energy are required. “There’s a case for making it …
Climate researchers lowered their forecast for global warming for the first time since 2009 after the greenhouse gas polluters agreed to limit their emissions over the next 15 years, a group of European academics said. Efforts by the U.S., European …
The U.S. and European Union are pushing for a stronger explanation about the dangers of climate change and the consequences of failing to stem fossil-fuel emissions in the UN’s most extensive report on global warming. The appeals are detailed in …
A rapidly melting glacial region of Antarctica has passed “the point of no return,” threatening to increase sea levels, according to the National Aeronautics and Space Administration. “The collapse of this sector of West Antarctica appears to be unstoppable,” Eric …
