climate change risk News
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Ceres Report: Insurers Slow to Recognize Climate Change Threat to Their Business Models and Larger Economy
Only 11 of 88 major insurers surveyed recently have formal policies in place to deal with growing climate change risks, according to a major new report issued today by Ceres. The report was to have been delivered today at a conference of the National Association of Insurance Commissioners (NAIC) that was cancelled due to Hurricane Irene. The new report, "Climate Risk Disclosure by Insurers: ...
By Ceres
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Sphera Signs Commitment letter to Science Based Targets Initiative
Sphera, a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services, has signed the commitment letter for the Science Based Targets initiative (SBTi) and will begin the process of defining new targets to reduce the organization’s climate impact. The SBTi calls on companies to demonstrate their climate ...
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China should seek low carbon future to preserve economic gains, says UN report
China needs to tackle climate change and environmental degradation or risks reversing the social and economic progress that has made it the second largest economy in the world, according to a United Nations Development Programme (UNDP) report released today. “China is at a critical juncture when the business as usual growth model is not sufficient to the country’s emerging challenges and ...
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Food safety in the face of climate change
The potential impact of climate change on food safety is considered in a new report by The Food and Agriculture Organization of the United Nations (FAO). The report aims to raise awareness of the issue and to facilitate international cooperation in better understanding, developing and implementing strategies to address the changing food safety situation. Predicted climatic changes include an ...
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Willis Re Releases Groundbreaking Flood Models for Latin America
LONDON - Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings (NYSE: WSH), has extended its lead in Latin American flood risk with the release of detailed risk estimates and large event scenarios for key cities including São Paulo, Santiago and Bogotá. The models, developed by the Willis Research Network (WRN), will help clients to optimize their related ...
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