Water availability is essential in industry, and the increased risk of drought fuelled by increasing temperatures must be addressed to protect future operations.
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The latest climate-related news curated by our team
Updates from around the world dealing with regulatory requirements, climate change, events and more.
The financial sector must accurately capture climate risk impact on balance sheets. Where should they be reflected in regulatory capital frameworks? How might systemic policies complement banks’ own risk management and supervision?
The ‘new normal’ of heatwaves across Europe has dramatically increased in both frequency and severity at a faster rate than almost any other part of the planet. What is the challenge from wildfire posed to firms?
As Qatar hosts the FIFA World Cup, increasing effects of climate-induced heat are becoming more prevalent in the region. How will physical risk impact organisations across the GCC region?
The recent years have gotten us used to news about climate change-related extreme weather events. Unfortunately, this year is no different – only its first half saw some of the worst destructions of assets to date.
Where should they be reflected in regulatory capital frameworks? How might systemic policies complement banks’ own risk management and supervision?
This year’s COP27 climate summit has drawn to a frantic close! It has been a COP full of criticism, outcry, and hope but what did it all mean for industry professionals?
In the face of mounting risks across the globe, COP27 is looking beyond mitigation and paying attention to adaptation action. But why should we look beyond mitigation?
COP27 aims to level up and enable intergovernmental commitments, public, and private funding to advance the implementation of targets.
With climate change causing macroeconomic implications relevant for monetary policymakers, what does the Bank of England have to say on the subject in its recent contribution?
Although banks improved their climate risk management processes, Sam Woods' letter expresses the need to deliver more effective climate risk strategies.
With COP27 - one of the biggest climate conferences - now around the corner in November, will global leaders deliver the necessary action to build the levels of climate resilience and adaptation required?
The NGFS laid out its policy recommendations to improve the availability, quality and comparability of climate-related data. We explore their suggestions and the reasoning behind them.
