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global warming News

WTW’s New Global Ecosystem Resilience Facility Provides Finance, Risk Mgmt Solutions

Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …

Arctic Has Warmest Winter with Sea Ice at Record Lows: Weather Data

Winter at the top of the world wimped out this year. The Arctic just finished its warmest winter on record. And sea ice hit record lows for this time of year, with plenty of open water where ocean water normally …

Californians Bash Trump for Bid to End Emissions-Slashing Climate Change Plan

California stands in “complete opposition” to a Trump administration plan to scrap a policy slashing climate-changing emissions from power plants, its top air official said Wednesday at a U.S. hearing in a state helping lead the fight against global warming. …

Startup Modeler Jupiter Wants to Better Predict Impacts of Climate Change

A startup modeling firm named Jupiter is reaching for the stars in its quest to better model for the impacts of climate change. The firm recently launched what its calling a “transformative cloud-based technology platform,” noting in its promotional literature …

Climate Change and the ‘Fire Insurance Predicament’

A Washington-based conservative group is suing for information on the U.S. government’s “backstage work” on the Paris agreement it says will help pave the way for President Trump’s withdrawal from the agreement. The Competitive Enterprise Institute recently filed a lawsuit …

Insurance Industry Making ‘Significant Contributions’ in Climate Change Battle, Report Shows

The insurance industry is making significant contributions to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and investors, according to a new research report The report out …

Global Companies Find Economic Opportunities in UN Sustainable Development Goals

Many companies are looking past quarterly results to discover long-term economic opportunities in U.N. goals to end poverty and protect the planet, the head of an international business commission has said. Mark Malloch-Brown’s Business and Sustainable Development Commission has contacted …

Aon Benfield’s Christian Named Chair of ClimateWise, Raising Climate Risk Resilience

Dominic Christian, executive chairman of Aon Benfield International, has been appointed chair of ClimateWise, an organization that aims to help the insurance industry respond to the risks and opportunities of the climate-risk protection gap – the growing divide between total …

Green Bonds Booming Despite Washington’s Animus, Report Shows

In spite of the U.S. withdrawal from the global climate change accord hammered out in Paris a year earlier, green bond issuance around the world reached $155.5 billion in 2017, a new report shows. That figure surpassed the initial, and …

Damage to Coral Reefs Accelerating on Rising Sea Temperatures: Report

The risks to coral reefs are accelerating largely due to human activity, with rising water temperatures meaning they now have about 80 percent less recovery time between bleaching episodes than just three decades ago, according to a report in the …