climate change

Hong Kong is poised to become a hub for ILS such as catastrophe bonds, the Insurance Authority says

Hong Kong is poised to become a hub for ILS such as catastrophe bonds, the Insurance Authority says

“Our first mission is not to talk about downtown,” he said. “The first mission is aimed at resolving this huge defense gap about the natural disasters that exist in the world [and]particularly in this region and China.’ Catastrophe bonds, or cat bonds, are a type of ILS that transfer the risks associated with extreme weather …

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Hong Kong is poised to become a hub for ILS such as catastrophe bonds, the Insurance Authority says

Hong Kong is poised to become a hub for ILS such as catastrophe bonds, the Insurance Authority says

“Our first mission is not to talk about downtown,” he said. “The first mission is aimed at resolving this huge defense gap about the natural disasters that exist in the world [and]particularly in this region and China.’ Catastrophe bonds, or cat bonds, are a type of ILS that transfer the risks associated with extreme weather …

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International court adds World Health Organization to opinion on climate change

International court adds World Health Organization to opinion on climate change

sign of the World Health Organization (WHO) at their headquarters in Geneva. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI / AFP via Getty Images) AFP via Getty Images The International Court of Justice granted the World Health Organization’s request to participate in the proceedings on its advisory opinion on the obligations of …

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Climate change: Apple’s Tim Cook says AI is an essential tool for businesses to reduce their carbon footprint

Climate change: Apple’s Tim Cook says AI is an essential tool for businesses to reduce their carbon footprint

The CEO of Apple Inc. Tim Cook said artificial intelligence is a key tool to help businesses reduce their carbon footprint as he joined a climate change dialogue on Sunday at the China Development Forum. Cook took part in a panel discussion at the annual event in Beijing as the culmination of a week of …

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Insurance rates are rising for U.S. homeowners in climate-hazardous areas

Insurance rates are rising for U.S. homeowners in climate-hazardous areas

The First Street Foundation study says insurers could offer discounts to homeowners who take steps to strengthen their homes, which would help make disasters less damaging. Moore said Florida used to be a leader when it came to measures like building codes, although that has changed in recent years. The state also did not have …

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A San Diego man is the first in the US to be charged with greenhouse gas smuggling

A San Diego man is the first in the US to be charged with greenhouse gas smuggling

A man was arrested and charged in San Diego with smuggling greenhouse gases into the United States, marking the first such prosecution in the country, the U.S. Attorney’s Office in Southern California said Monday. Michael Hart, a 58-year-old San Diego resident, is accused of bringing hydrofluorocarbons — chemical compounds commonly used in refrigeration and air …

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One of the world’s most populous cities is almost without water as many go “days if not weeks” without water

One of the world’s most populous cities is almost without water as many go “days if not weeks” without water

Mexico City is home to nearly 22 million people. But for months the growing city has suffered from dwindling water supplies – and now one of the world’s most populous cities is on the brink of ‘day zero’, when there will no longer be enough water to supply residents. Citing the Water Basin Organization of …

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University of Florida Student Senate Adopts Green New Deal – People’s World

University of Florida Student Senate Adopts Green New Deal – People’s World

University of Florida | courses.flvc.org The University of Florida (UF) Student Senate on Tuesday became the first student government at a public university to pass Green New Deal (GND) legislation, according to The Guardian. The new mandate calls for complete divestment from fossil fuels, a just transition, a ban on fossil fuel-funded research, and disclosure …

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The Vatican hosts a conference on technological progress and human identity

The Vatican hosts a conference on technological progress and human identity

More than twenty scientists from around the world gather in Rome to discuss humanity’s response to scientific and technological progress. By Joseph Tulloch “Man: Meanings and Challenges” is the name of a conference currently taking place in Rome, organized by the Pontifical Academy for Life. Scientists, philosophers, theologians and economists gathered in the Vatican to …

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