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Showing 11 - 20 of 102 results for "flood"

Macquarie AM partners to buy UK wastewater service provider

MATTHEW WAI  |  THURSDAY, 3 JUL 2025  |  NEWS
A consortium led by Macquarie Asset Management (MAM) will invest an additional £655 million, bringing the total equity investment by MAM-managed funds and co-investors to nearly £3 billion, into Southern Water, a UK water and wastewater service provider. ...

Financial materiality of nature-related risks now clear: TNFD

JAMIE WILLIAMSON  |  MONDAY, 30 JUN 2025  |  NEWS
... increase in costs of biological invasions per decade, pests and pathogens destroying crop yields, deforestation increasing flood risks, and monocrop tree plantations reducing flood protections, among other things. As a result, the report made several ...

Green moves: CSIRO, Ethinvest, Social Enterprise Australia

ELIZABETH FRY  |  FRIDAY, 28 MAR 2025  |  NEWS
... experience in financial stewardship, to the role. "CSIRO's work touches every Australian - from WiFi to our bushfire and flood resilience systems," she said. Long also has significant experience as a non-executive director and is currently chair ...

China plays long game on battery disruption

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
... world's biggest builder of batteries. They're the world's biggest builder of EVs. They have a vested interest to flood the market with over supply, and they're doing it in batteries." This approach to battery materials is disruptive ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... need to be quickly addressed. These are: strengthening existing infrastructure, developing new resilience projects (like flood protection), and investing in dual-purpose technologies such as microgrids and energy storage. Infrastructure damage, supply ...

As water rises, insurer swims against tide

ROSE MARY PETRASS  |  WEDNESDAY, 30 OCT 2024  |  NEWS
Most insurers are reacting to climate change by pushing up premiums - but FM thinks discounted premiums are the right way to go when it comes to reducing risk and preventing payouts. The commercial insurance company is freeing up the finances of its ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Big win for Great Artesian Basin

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
In a move welcomed by farmer groups and local councils, Queensland's environmental regulator has imposed a moratorium on any future Carbon Capture and Storage (CCS) project applications in the Great Artesian Basin (GAB). Late last month, the sunshine ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... zero targets. Since then, the remit has expanded. It has now helped roll out EV charging stations, community resilience, flood events, coastal hazards and sea change, and heat. The team is small - just five people - and the organisation has thrived through ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...