The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both in their portfolios and in their own businesses. Some estimates put the ...
A new study projects just how bad things could get for biodiversity if global warming speeds up. NPR's Jonathan Lambert reports that under the most extreme warming scenarios, about one in three ...
The new solution is part of Bloomberg’s award-winning Multi-Asset Risk Management suite MARS, which is used by over 900 firms worldwide Bloomberg today announced its risk management solutions suite ...
This article was written by Edo Schets, Head of Climate for Sustainable Finance Solutions and Zane Van Dusen, Global Head of Risk & Investment Analytics Products at Bloomberg. Financial firms across ...
Central banks are increasingly managing climate risk, particularly in China, Europe, and the United Kingdom, through "re-risking" and "de-risking" strategies. New research out of Harvard Business ...
The year 2024 was the world’s hottest on record, according to the U.S. Oceanic and Atmospheric Administration. Global land and ocean temperatures were 2.32 degrees F (1.29 degrees C) above the 20 ...
More than any other industry, the United States insurance industry knows it needs to have decision-useful data to better prepare itself for the growing financial impacts of climate-related risks. And ...
Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, understanding the ...
Financial regulators said the Biden-era policy was superfluous. Democrats said it protected financial stability in an era of unpredictable weather. By Scott Dance and Stacy Cowley Scott Dance reported ...
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