Recent drought related data based on new research in the last few years and compiled by UN Convention to Combat Desertification (UNCCD) points to "an unprecedented emergency on a planetary scale, where the massive impacts of human-induced droughts are only starting to unfold."
Members of Insure Our Future campaign have asked the global insurance industry to take immediate action to slow the climate crisis and support the urgent transition from fossil fuels to renewables.
A new whitepaper published by Gallagher Re reveals that over 50% of businesses have experienced disruptions in their production networks due to extreme weather events, highlighting the fragility of global supply chains.
Small island developing states and other vulnerable countries are facing overwhelming threats from extreme climate events such as droughts, tropical cyclones and floods according to a new study.
Nearly 229,500 properties in Australia are exposed to a 1-in-20 year flood risk according to new data analysis released by the Insurance Council of Australia (ICA).
New data analysis published by the Insurance Council of Australia (ICA) shows that nearly a quarter of a million properties in Australia are exposed to 1-in-20-year flood risk.
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm. According to the data collected from the insurance industry, the total gross claims incurred reached HK$1.9bn ($243m).
Cities in the Asia and Pacific region are vulnerable to climate change due to their geography and particular exposure to natural catastrophes and increasingly extreme weather events, says The Resilient Cities Index 2023 report, released by Tokio Marine Group and the research and business intelligence house, Economist Impact.
The World Bank Group says that combined adaptation and mitigation measures to address climate change and decarbonise the electricity sector in Tunisia could boost GDP growth to 8.8% by 2030, reduce poverty and slash energy-related emissions.
The fragility of our world order and the hazards inherent in an increasingly interconnected world have been highlighted by events such as the COVID-19 pandemic, President Putin's invasion of Ukraine and global economic slowdown in the recent years.