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 elements. “Please stay at home …
Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday. Coal, oil and gas infrastructure have traditionally made up a …
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 on Tuesday. All banks …
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 that Hawaii could face a rise of …
MELBOURNE – UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a coal project in Australia that has drawn fire …
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 …
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, companies it invests in and businesses …
Alaska could face “California-style” blackouts as climate change increases the state’s wildfire risk. That’s according to an article this week in the Anchorage Daily News. The article centers on Alaska’s record-breaking 2019 wildfire season and the McKinley Fire, believed to …
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 decade have already impacted European …
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 ratings cut because …
