Search Results

Showing 21 - 30 of 82 results for "extreme weather"

Greenwash top of mind for Kiwi funds

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
... billion - by 36%. Dean said issues like drought affecting agricultural output, supply chain vulnerabilities during extreme weather, and the cost of reputational damage, means the financial case for ESG is top of mind. Biodiversity and community development ...

Australia waits for 2035 target

ROSE MARY PETRASS  |  MONDAY, 11 NOV 2024  |  NEWS
... disasters already pose a significant financial burden. Recent estimates by the CCA predict the annual cost of extreme weather is currently at $38 billion and could rise to $73 billion by 2060 even if emissions are reduced but could exceed $100 billion ...

As water rises, insurer swims against tide

ROSE MARY PETRASS  |  WEDNESDAY, 30 OCT 2024  |  NEWS
... of its customers so that clients have the resources to make their property and infrastructure more resilient to extreme weather. If the customer can prove their assets are more resilient to climate impacts, FM will slash the premium. With nearly two ...

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... climate risks, including transition risks from specific industry exposures, and financial and safety risks from extreme weather. It also identifies opportunities, particularly with the growing demand for ESG services. The firm set its first climate action ...

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... communities are already being impacted socially, economically and environmentally by increasing temperatures and extreme weather events, Matthee added. These communities "have the knowledge and ideas" required to decarbonise, mitigate climate risks ...

AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... outlook for Australia after attending the World Economic Forum in Davos. While discussions around climate and extreme weather were widely discussed in Davos, misinformation and disinformation arising from generative artificial intelligence were now ranked ...

Queensland to boost clean economy

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... is still too low for what the climate science shows is needed to give us the best chance at avoiding escalating extreme weather and climate damage costs. Australia and all states and territories need to aim for 90% below 2005 by 2035 as the minimum ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... will see an increase in investment in communities affected by conflict, which are three times more likely to face extreme weather and receive up to 80 times less climate finance. Australia did not sign on to the agreement. Countries across Asia, Africa ...

Clean tech bags big bucks

ROSE MARY PETRASS  |  WEDNESDAY, 15 NOV 2023  |  NEWS
... funded so far include: XFrame: A modular construction system Office of Planetary Observations: Urban greening and extreme weather exposure data map DiaperRecycle: A start-up that recycles used diapers from landfill into other products ClimateClever ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... frequent and more intense bushfires, storm surges, coastal flooding, inland flooding, cyclones, droughts and other extreme weather events. "To my mind, it seems likely that such events will give rise to a huge drain on Commonwealth resources and on the ...