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Showing 11 - 20 of 46 results for "drought"

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
Natural disasters resulted in global economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage ...

RBA governor cites climate, energy transition in inflation puzzle

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
RBA Governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way business operates in ...

Australian asset owners lead on ESG integration, net zero investment

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
... positive outcomes. "The effect of climate change is felt by the wider population in Australia -we've had floods, fire and drought all being affected by climate change," Mays noted. "We've also had other significant events have helped frame these conversations ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
The COP27 in Sharm El-Sheikh has been labelled an implementation COP, where governments, investors and other actors are called upon to demonstrate how they're going to implement what was promised a year ago in Glasgow at COP26. However, others have ...

Energy insecurity won't halt green transition: Northern Trust Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 6 OCT 2022  |  NEWS
... an inflation recalibration that is likely to last more than five years. Further, Northern Trust identified a "monetary drought" as cheap liquidity dries up, and higher interest rates "likely to bring positive real (after inflation) cash returns."

Australian execs say climate change already impacting: Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 27 JAN 2022  |  NEWS
... impacts of climate events over the past year, with more frequent and powerful storms, bushfires, severe flooding and severe drought among the most common events. However, the report finds the vast majority of business leaders in Australia are a optimistic ...

Plant agriculture sector in net zero policies: Grattan Institute

RACHEL ALEMBAKIS  |  THURSDAY, 30 SEP 2021  |  NEWS
... tonnes. Cattle and sheep account for 75 per cent of emissions in the sector. If herd numbers recover from recent years of drought, emissions are projected to rise, reaching 82 million tonnes by 2030, the report said. Including agriculture in any net-zero ...

Assessing the financial, ESG benefits of agricultural investments

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... Queensland and the Northern Territory and 200,000 cattle. The diversity of the land helps offset the risks and impacts of drought, Murphy said. "The difference in climactic zone, water sources, rainfall and geographic terrain is significant," Murphy ...

Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
Investors are pressing for swift action on climate change after a landmark report from the Intergovernmental Panel on Climate Change (IPCC) that has been labelled a "code red for humanity." The IPCC has released Climate Change 2021: the Physical Science ...

Australian businesses march on with ESG integration: Mercer

RACHEL ALEMBAKIS  |  THURSDAY, 11 FEB 2021  |  NEWS
... authentic integration, Patrick said. "Australia went through an awakening in 2020," he said. "We could all see it - bushfires, drought, pandemic, and so I think there was almost like no hiding any more. Australia has been seen as a good and compliant ...