Low rate of flood insurance cover spells danger as climate crisis deepens 2/9/2022

Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to the previous decade, while insurance penetration lingered at just 18%, according to Swiss Re Institute's economic insights report focused on floods. ...more

Switzerland's vanishing glaciers threaten Europe's water supply 2/9/2022

Switzerland's glaciers have lost more than half their volume in less than a hundred years, and the long hot summer this year has accelerated the thaw, a new study shows. ...more

Carbon capture is not a solution to net zero emissions plans, report says 2/9/2022

Carbon capture and storage schemes, a key plank of many governments’ net zero plans, “is not a climate solution”, the author of a major new report on the technology has said. ...more

England had its joint hottest summer on record - Met Office provisional data 2/9/2022

England had its joint hottest summer on record, the Met Office national forecaster said on Thursday, citing provisional data in a series which goes back to 1884. ...more

G20 climate talks in Indonesia fail to agree communique 1/9/2022

Officials from the Group of 20 major economies meeting on Wednesday for climate talks in Bali have been unable to agree a joint communique, amid objections over language used on climate targets and the war in Ukraine, two sources told Reuters. ...more

Global fossil fuel subsidies almost doubled in 2021, analysis finds 1/9/2022

Global public subsidies for fossil fuels almost doubled to $700bn in 2021, analysis has shown, representing a “roadblock” to tackling the climate crisis. ...more

Brazil's Amazon sees worst August fires in over a decade 1/9/2022

Fires in Brazil's Amazon rainforest surged in August to the highest for the month since 2010, government data showed on Wednesday, surpassing the blazes in August 2019 that drew global attention soon after President Jair Bolsonaro took office. ...more

Global body urges EU to make company life simpler by aligning climate reporting 1/9/2022

The European Union should make extra time to align its policies with international rules on reporting on climate change to save time in the long run and simplify life for companies, global standard setting board said on Wednesday. ...more

Hornsea 2: North Sea wind farm claims title of world's largest 1/9/2022

The world's largest offshore wind farm is now fully operational, 55 miles off the coast of Yorkshire. ...more

Saudi's Alfanar signs MoU for $3.5 bln green hydrogen project in Egypt 31/8/2022

Saudi Arabian company Alfanar said on Monday it has signed a memorandum of understanding to build a $3.5 billion green hydrogen project in Egypt. ...more