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Risk vs. Resilience: Insuring Sustainable African Cities in the Age of Climate Change
Though COVID-19 dominates the global conversation, climate change continues to have devastating effects. For instance, there were 53 climate-related disasters in Africa in 2018 alone – and these challenges are likely to get worse as the continent urbanizes. Kate Rinehart-Smit and Mia Thom at Cenfri suggest four interventions that can help insurers protect African cities and infrastructure against climate disasters.
- Categories
- Environment, Finance
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Coronavirus Fallout to Slow Global Growth in Renewable Energy
The global growth of renewable energy will slow for the first time in 20 years due to the impact of the coronavirus pandemic, which will “hurt but not halt” the rise of clean energy.
- Categories
- Coronavirus, Energy, Environment
- Tags
- renewable energy
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Report: The 3 Essential Elements for the Circular Jobs of the Future
How big is the opportunity for circular jobs? Some wildly ambitious, multi-trillion-dollar projections that made headlines several years ago have been picked apart for failing to take into account the increasing automation of labor as well as import and export flows.
- Categories
- Energy, Environment
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Viewpoint: Downturn Signals Opportunity for Climate-Aligned Investing
Demand for sustainable ETFs has grown since the market downturn. Recent analysis from BlackRock highlights how sustainable ETFs keep attracting assets, in comparison with traditional ETFs, which are experiencing outflows in light of the market selloff. As of March 24, net inflows to sustainable ETFs had reached $14 billion, exceeding half of the 2019 total amount.
- Categories
- Coronavirus, Environment, Investing
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Press Release: Blue Planet Raises US$25 million from Nomura
This strategic engagement by Nomura's Loans and Principal Investments Area in Asia ex-Japan will help Blue Planet continue its efforts to develop integrated, inclusive and sustainable waste management solutions around the region.
- Categories
- Environment, Investing
- Region
- Asia Pacific
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A Best Practice in the Making? How Dominica is Building the World’s First Climate Resilient Nation
In 2017, Hurricane Maria left unprecedented devastation in the Commonwealth of Dominica, with damages and losses amounting to 226% of the Caribbean nation's GDP. But according to Pepukaye Bardouille and Colin Scaife at the Climate Resilience Execution Agency for Dominica, the country has responded with a plan that could serve as an important pilot case for developing resilience in the age of climate change.
- Categories
- Environment
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Africa Grapples with Clean Energy Conundrum
Africa is both the world's least electrified continent and the most vulnerable to climate change - the conundrum is how to meet the demand for energy without making the climate situation worse.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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JP Morgan Chase — the Oil Industry’s Bank of Choice — Will Withdraw Support for Some Fossil Fuels
It will put restrictions on financing new coal-fired power plants, phase out “credit exposure” to the industry by 2024 and stop funding new oil and gas drilling projects as part of protecting the Arctic National Wildlife Refuge.
- Categories
- Environment
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