April 6, 2021
LONDON – G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how policymakers want faster action to replace the …
March 17, 2021
Funds investing in “brown” or polluting companies would be hit far harder than environmentally friendly “green” funds in a climate-related market shock, the European Union’s securities watchdog said on Wednesday in its first study of its kind. Brown funds spread …
February 26, 2021
The European Union is bolstering its 14-trillion-euro ($17 trillion) economy against damage caused by the impacts of climate change, from droughts to floods and forest loss. Under an updated climate adaptation strategy unveiled Wednesday, the European Commission is calling for …
February 25, 2021
Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks of climate change, under a government program, according to a statement in state-owned MyGov newspaper. Companies have until March 16 …
February 25, 2021
British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations and sharply criticized people across the globe who say this is “green stuff from a bunch of tree-hugging, tofu-munchers and …
January 14, 2021
HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday [Jan. 11]. With climate …
January 8, 2021
Another year of record-high heat punctuated a decade-long increase in global temperatures that has placed the Earth’s economies dangerously close to climate tipping points. Those are the conclusions published Friday by European Union scientists. Despite pandemic-induced lockdowns of the global …
December 3, 2020
AXA Group’s chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats …
November 17, 2020
Some of Canada’s largest banks and insurers are set to participate in a pilot project to better understand the risks to the financial system from the transition to a low-carbon economy, Canada’s central bank and financial regulator said on Monday. …
November 5, 2020
The outcome of the U.S. general election is not yet clear. What’s been obvious for months is that climate change was on the ballot, and the U.S. election matters for global climate action. And one thing is certain: The U.S. …