ECB Amends Bank Capital Reviews to Reflect Extreme Weather Risks June 17, 2025 By Frances Schwartzkopff The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a...
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk June 13, 2025 By Claudia Cohen, Gautam Naik and Tom Fevrier When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris,...
World Must Prepare to Fight Climate Change Without US, UK Says March 7, 2025 By Antony Sguazzin The world needs to prepare to fight global warming without the help of the US as the Trump administration pulls...
Insurers Pay Record Claims for Weather-Related Damage in UK: ABI February 11, 2025 Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in...
Banks, Asset Managers Warned of ‘Huge’ Fallout From UK’s New Greenwashing Law May 31, 2024 By Greg Ritchie and Frances Schwartzkopff Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some...
UK Firms Told to ‘Urgently Review’ Green Claims Amid Crackdown April 24, 2024 By Greg Ritchie Firms operating in the UK are being advised to go through any products and services around which some sort of...
UK Is Far From Climate Proof Due to Poor Planning, Officials Say March 13, 2024 By Olivia Rudgard and Laura Millan The UK has failed to prioritize climate adaptation to risks such as floods and heat waves, putting British citizens and...
UK Will Fail to Meet Flood-Defense Goals for Homes as Climate Threat Grows November 15, 2023 By Jessica Shankleman Hundreds of thousands of British homes will miss out on flood protections in the next few years as spending has...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
UK Closer to Mandatory CO2 Disclosures With New Guidelines October 10, 2023 By Alastair Marsh The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that...