WASHINGTON, Oct 21 (Reuters) – Most U.S. insurance companies
are completely unprepared to address the risks related to
climate change, a new survey published Wednesday found, a
finding that could have negative consequence for the wider
debate over how to tackle the issue.
Environmental investor advocacy group Ceres conducted a
survey of 330 insurers representing 87 percent of the U.S.
insurance market to weigh how they respond to climate change
based on their governance structures, climate risk management
programs, use of computer modeling, stakeholder engagement and
measuring and reducing greenhouse gas emissions. (Report: bit.ly/1uAKfeY)
WASHINGTON, Oct 17 (Reuters) – A day before President Barack
Obama addressed the United Nations to declare the nation is
“stepping up to the plate” to tackle climate change, nearly
400,000 protesters jammed New York City streets in a climate
change march. Many held signs calling for an end to fracking.
Environmental activists see the U.S. natural gas and oil
production boom, spurred by fracking, as a major contributor to
global warming. Obama has lauded the country’s shale boom as an
economic boon and a geopolitical lever.
NEW YORK (Reuters) – Tackling carbon emissions in U.S. commercial buildings will require a range of everyday measures, not technology, as a solution, said an executive at CBRE (CBG.N: Quote, Profile, Research, Stock Buzz), the world’s largest commercial real estate services company.
Since most buildings are currently being operated less efficiently than when they were built, changing day-to-day operations plays a big role in addressing inefficient energy use, David Pogue, global director of corporate responsibility, said in at interview at Reuters Global Climate Change Summit.
WASHINGTON (Reuters) – The World Bank and other multilateral finance institutions should pool their resources to help developing countries combat and adapt to climate change, helping smooth the path to a global climate agreement in Paris next year, World Bank President Jim Yong Kim said on Thursday.
One important disagreement looming over the climate talks is how countries will reach an agreed target of raising $100 billion in annual funding for climate change projects in developing countries by 2020, Kim told the Reuters Global Climate Change Summit.