Extreme temperature levels threatens insurers’ ability to provide coverage for climate risks. And without insurance, the financial sector will be unable to operate, which could mark the end of our economic system and civilization itself, warns a top insurer.
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Historic COP28 climate agreement calls on nations to “transition away” from fossil fuels
COP28 was close to falling apart. But after two weeks of deliberations, the nearly 200 countries participating in the COP28 climate summit finally agreed on a climate deal. The deal has been lauded as an historic agreement – but critics say that the deal contains too many loopholes.
COP28 has begun – with alarms about record global heating
Today, the annual United Nations climate conference starts. From today and all the way through December 12th, thousands of people – including government leaders and representatives, business officials, scientists, and activists – will gather to discuss and agree on policies aimed at staving off the growing threats of climate change.
Extreme heat kills and it will only get hotter: “We’re in serious trouble”
This summer, we’ve seen unprecedented global air temperatures and global ocean surface temperatures. And the heat only seems to get more and more intense – with deadly consequences.
“The most important thing is not if Sweden reduces its emissions – the most important thing is that China does.”
If China and the rest of the world’s biggest emitters do nothing, we will fail. But we will also fail if small emitters like Sweden do nothing.
Current climate pledges are “half measures and hollow promises”, will result in a “catastrophic” 2.7C temperature rise
Ahead of the COP26 climate conference, the United Nations warned that the current commitments to cut greenhouse gas emissions put the world towards a “catastrophic” 2.7-degree Celsius temperature rise this century.
Record high carbon dioxide levels, temperatures – and emissions are expected to rise sharply after the pandemic
The climate crisis remained relentless in 2020 and continued seemingly unabashed by the economic effects of the pandemic.