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Showing 11 - 20 of 26 results for "storms"

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... without insurance. The year saw floods in Australia and South Africa, Hurricane Ian in the US, hailstorms in France, winter storms in Europe, and droughts in Europe, China, and the Americas. Data from the Insurance Council of Australia indicates that ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... Europe and Australia, and in many other places around the world. "There's more flooding, more wildfires, and more intense storms. In fact, it's hard to find a part of our ecology - or our economy - that's not affected. Finance is not immune to these ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... already started to manifest. Pakistan's floods, Europe and China's droughts, 40oC heat in England and category 5 storms in the Caribbean and North America are just a few examples of this. "Adaptation is essential now and presents an opportunity ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... adaptation to the inevitable impacts of climate change, which include ever more frequent and intense heatwaves, flood and storms, and Loss and Damage, along with the necessary financial support." Gerrard notes that loss and damage continues to be a contentious ...

Australian execs say climate change already impacting: Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 27 JAN 2022  |  NEWS
... executives have in some way experienced the 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 ...

Climate change is changing the outlook for energy utilities

KIRSTY MACKAY-FISHER  |  FRIDAY, 17 SEP 2021  |  NEWS
... greenhouse gas emissions. Extreme weather events related to climate change such as prolonged drought, bushfires, heatwaves and storms are becoming increasingly prevalent. Despite this, we are yet to see a consistent policy framework for lowering the ...

Climate change to bring more frequent, intense weather: IAG

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... community and reinforces the predictions from the original report, which show that extreme bushfires, tropical cyclones, storms, hail and floods are becoming more frequent and intense in a warmer world - and the increase in global temperatures to date ...

Calculating the shorter, longer-term cost of bushfire

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
... global temps rise, you would see particularly southern Australia have less rain, with more extreme weather events, floods, storms, droughts," Oliver said. A natural outworking of more extreme droughts gives us the situation where we are now. Put you ...

AMP Capital launches 2030 ESG strategy for real estate business

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2019  |  NEWS
... risks and adaptation risk. "It's a tricky problem for physical impacts, because you're looking at increased heat waves, storms, floods, winds and other impacts of climate change," Nunn noted. "In 2017, we hired a consultant and did a portfolio wide climate ...

Investment professionals identify key ESG themes for 2017

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2017  |  NEWS
... competitiveness with conventional power generation." In Australia, power supply security after recent power outages during storms in SA will contribute to the government's review of climate change policy. "In addition to the federal Climate Policy Review ...