Extreme weather poses $5trn threat to global economy
Global economic losses could top $5trn over five years due to extreme weather events, according to research by Lloyd’s of London.
Source: theactuary.com
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Trillions at risk if payments hacked
A cyberattack on an important financial payments system could result in losses of $3.5 trillion to the global economy, the world’s largest insurance market has
Source: thetimes.co.uk
New scheme to build energy supply chains in emerging world
The scheme will offer financial and technical support to help emerging market and developing countries boost production of clean energy goods and “increase their participation in global mineral value chains,” Japan’s Ministry of Finance and the World Bank said in a statement
Source: tbsnews.net
Climate risk: Lloyd's of London warns extreme weather could incur $5tr of economic losses over five years
Fresh modelling highlights huge financial risks of failing to tackle escalating climate risks
Source: businessgreen.com
Feast or famine: Are we underestimating climate risks to food systems?
A new analysis has spelled out the high likelihood of losses exceeding $5trn from extreme weather impacting food and water systems over the next five years. Will this be enough to boost policymakers' focus on sustainable food?
Source: edie.net