80% of Residents Say New York City Is Unprepared for Climate Risks October 24, 2024 A recent survey reveals that a 80% of New York City residents feel their city is unprepared for climate-related risks....
Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds August 6, 2024 By Leslie Kaufman The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer...
Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
South Africa Advised by World Bank on Climate Insurance, Contingency Fund Options April 25, 2024 By Antony Sguazzin The World Bank is advising South Africa’s National Treasury on a climate risk strategy after floods in recent years caused...
Tech Update: Aon Launches Climate Risk Monitor to Aid Risk Mgmt, Renewal Decisions March 22, 2024 Insurance broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures...
Central Bankers Use AI to Assess Climate-Related Risks March 19, 2024 By Huw Jones Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related...
Australia Warns of Critical Financial Risks to Insurers and Banks From Climate Change March 12, 2024 By Ben Westcott Australia’s worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events, potentially...
US Treasury Drops Plan to Collect Insurer Data on Climate Risks March 8, 2024 The US government is stepping away from its effort to collect data on home insurance prices and availability at the...
Europe Faces 3C of Global Warming. Here’s How It Plans to Cope. March 8, 2024 By John Ainger Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing...