Page 17 - Chief Climate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Source: CoreLogic [AUCKLAND, NZ, 5 February, 2021] Some of Asia Pacific’s brightest minds in climate change risk management met today to discuss how the financial services industry can effectively identify, assess and manage climate-related risks. In CoreLogic’s virtual event ‘Moving ahead on climate change: Tackling climate risks in financial services’, the panel of influential experts from Australia and New Zealand shed light on: –          key challenges and issues for the finance sector, –          how systemic risk from climate ...

Natural catastrophes last year cost global economies an estimated $210 billion (£155bn). That’s according to new research by the German reinsurer Munich Re, which suggests the economic damage of natural disasters, including storms, wildfires and hurricanes soared last year, up from $166 billion (£122bn) in 2019. The analysis showed six-in-ten of the costliest natural disasters happened in the US. Natural disasters in the US accounted for $95 billion (£70bn) of overall losses and $67 billion (£49.4bn) of insured losses. Floods in China were responsible for the highest individual loss of ...

  The US share of losses was rather high: Natural disasters in the US accounted for US$ 95bn (2019: US$ 51bn) of overall losses and US$ 67bn of insured losses (2019: US$ 26bn). This year’s natural disasters claimed some 8,200 lives.  Overall, the uninsured portion of natural disaster losses in 2020 was around 60%. Once again, it was notable that only a small portion of losses was insured in the growing economies in Asia. The year’s costliest natural disaster was the severe flooding in China during the summer monsoon rains. Overall losses from the floods amounted to approximately US$ 17...

Folks, this is important. a new united nations report warns that countries are running out of time to limit -- just limit, the climate crisis and it could soon be too late to prevent temperatures around the world from rising to near catastrophic levels. this is real. cnn chief climate correspondent bill weir joins me with more. it paints a bleak picture not just because of the warming but because of the time that we have as a race. >> right. >> to stop it. not even stop it, slow it down is running out. >> and they use the word bleak. so the language coming from scientists who are by nature ver...

This week to block offshore drilling in places like the arctic national wildlife refuge in alaska, something that was blocked by the obama administration and rolled back then by the trump administration. this comes as alaska is already seeing some dramatic environmental changes there, shattering record high temperatures over the summer. cnn chief climate correspondent bill weir traveled there to find out why that is raising so many red flags for scientists. >> take a trip across alaska this summer from the iceless north to the smoky south, and you'll see when it comes to alarming changes, the ...