Climate NGOs are calling on insurers to withhold coverage for a giant LNG project and hold firm to their net zero ambitions. Reclaim Finance and other organizations have sent letters to global insurers, including AXA SA, Allianz SE and Swiss …
Methane leaks have emerged as a top threat to the global climate, with the latest incident involving two Russian gas pipelines under the Baltic Sea that are at the heart of an energy crisis since Russia invaded Ukraine. Methane, the …
Climate change combined with a third consecutive La Niña is “not a good thing,” a scientist is warning. Jonathan Overpeck, a climate scientist, professor and dean of the School for Environment and Sustainability at the University of Michigan, wrote this …
A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees’ Retirement System and Zurich Insurance Group AG have committed to managing $7.1 trillion of assets in line with the Paris Agreement’s goal of limiting …
Greenland’s rapidly melting ice sheet will eventually raise global sea level by at least 10.6 inches (27 centimeters) — more than twice as much as previously forecast, according to a study published Monday. That’s because of something that could be …
Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. This year heavy rains have triggered floods that …
Rivers across the globe are disappearing. From the U.S. to Italy to China, waters have receded, leaving nothing but barren banks of silt and oozing, muddied sand. Canals are empty. Reservoirs have turned to dust. The world is fully in …
Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century’s end, according to researchers who published a new study in the journal Scientific Reports. Atmospheric rivers …
Europe’s record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By the end of the century, …
Europe is currently in the throes of a drought that appears to be the worst in at least 500 years, according to a preliminary analysis by experts from the European Union’s Joint Research Center. Some 64% of the EU is …
