Australia’s floods and wildfires make home insurance unaffordable
Home insurance premiums in Australia have increased the most in two decades over the past year. The number of affordability-stressed households climbed to 1.24 million from 1 million households a year ago, with the overall proportion rising to 12 percent from 10 percent. Insurance premiums for the highest-risk properties have shot up 50 percent. The […]
Developing nations will need at least $1 trillion to make climate transition
Developing nations are expected to need more than $1 trillion each year to make significant progress in climate transition. The lack of funding resources has made it challenging for countries to reduce their high carbon emissions and shift to clean energy. These challenges have led to tensions between developing nations and the developed world. Some […]
Children in South Asia exposed to extremely high temperatures
According to the UN Children’s Fund (UNICEF), three-quarters of children in South Asia are already exposed to extremely high temperatures compared to only one in three globally. The agency has urged authorities to do more to help these children beat the heat. July 2023 was the hottest month ever recorded globally. This has raised further concerns about the […]
Global ocean temperatures rise to record levels
According to data from the European Union’s climate monitor, the average daily global sea surface temperature rose to 20.98 degrees Celsius on August 4th, 2023, far above the average for this time of year. The world’s oceans are a vital buffer against the impacts of the climate crisis and are a critical life support system. […]
Asia must learn to adapt to heatwaves
According to climate scientists, the July 2023 heatwave is unprecedented, and even if we stop burning fossil fuels now, there are fewer chances of temperatures going down. UN and EU monitors have warned that the recent heatwaves were just a taste of the climate future to come. The heat is already affecting the health of […]
Britain confirms plans to grant hundreds of new oil and gas licenses
The U.K. government has confirmed plans to grant hundreds of new oil and gas licenses for the North Sea. The move has provoked outrage from environmental groups. The government also confirmed the locations of two new “clusters” for carbon capture usage and storage. These will be located in Scotland and in England. While the government […]
Alibaba Group reports solid progress in cutting emissions
Alibaba Group Holding has said it has made progress in cutting emissions in the latest financial year to boost its goal of achieving carbon neutrality across its operations by 2030. The Chinese e-commerce giant is pursuing these initiatives amid the country’s slow economic recovery and a sweeping corporate restructuring. According to Alibaba’s latest Environmental, Social […]
The U.S. needs to do more to achieve climate goals
The increasing frequency of extreme heat waves and climate-related disasters across the U.S. has prompted several politicians to call for more urgent action. Washington state Governor Jay Inslee has called for a stop to the use of fossil fuels and that the U.S. must lead the climate fight. Palm Springs Mayor Grace Elena Garner has […]
Extreme heat in Europe prompts tourists toward cooler destinations
Europe is experiencing some of the hottest temperatures of the summer, with heat waves approaching record-breaking levels. Many tourists are prioritizing vacations to destinations with milder temperatures or even off-season travel to avoid spending time away in places with oppressive heat. The popularity of Mediterranean vacation destinations dropped by 10% as compared with last year, […]
El Niño weather condition worsens global warming
June temperatures have broken the 174-year records kept by the U.S. federal agency, the National Oceanic and Atmospheric Administration. The increase in the intensity of extreme weather events has been attributed to global warming, which causes a hotter and wetter atmosphere. The arrival of the El Niño weather pattern has pushed temperatures higher worldwide, further […]
