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Acclimatise acquired by Willis Towers Watson creating global powerhouse for climate resilience services
Acclimatise has been acquired by leading global advisory, broking and solutions company, Willis Towers Watson. The move sees the Acclimatise team combine with Willis Towers Watson’s Climate and Resilience Hub (CRH), creating a market-leading centre of climate adaptation expertise with over fifty technical staff. The combination significantly expands the capacity of the CRH to meet…
Landmark legal case sees Australia’s biggest superannuation fund commit to strong action on climate change after 25-year old Brisbane man sues
By Will Bugler Australia’s largest super fund, Rest, has agreed to test its investment strategies against various climate change scenarios and commit to net-zero emissions for its investments by 2050, after a legal case brought by a 25-year-old man from Brisbane. Mark McVeigh sued Rest in 2018 for failing to provide details on how it…
Financing and de-risking nature: the next frontier for financial institutions
By Laura Canevari Nature and biodiversity have gained the spotlight this year, becoming the next frontier for financial services. Earlier this year, the Task Force on Nature-related Financial Disclosure (TFND) was launched under the leadership of the Global Canopy, UNDP, UNEP and WWF, aiming to redirect financial flows towards nature-based solutions and nature-adding activities. The…
New consultation on global approach to sustainability reporting, including climate reporting
By Robin Hamaker-Taylor A new Consultation Paper has been released by the IFRS Foundation in late September 2020 and is open for public comment until 31 December 2020. The International Financial Reporting Standards (IFRS) Foundation is the organisation behind the set of globally accepted accounting standards, known as the ‘IFRS Standards’, which are the financial…
New report reveals current state of climate disclosure amongst ASX200 companies
By Robin Hamaker-Taylor The Australian Council of Superannuation Investors (ASCI) published a report on the status of climate reporting among ASX200 companies* in late September 2020. The ASCI is comprised of 37 Australian and international asset owners and institutional investors who collectively own around 10 per cent of every ASX200 company. To develop a picture…
Water, Climate, Conflict, and Migration: Coping with One Billion People on the Move by 2050
By Nidhi Nagabhatla Do migrants willingly choose to flee their homes, or is migration the only option available? There is no clear, one-size-fits-all explanation for a decision to migrate — a choice that will be made today by many people worldwide, and by an ever-rising number in years to come due to a lack of…
Life on land, life below water: Monitoring climate adaptation in Guatemala’s marine coastal zones – for the benefit of people and planet
With around one-third of Guatemala cloaked in tropical rainforest, and dozens of volcanoes and UNESCO World Heritage sites, the “land of many trees,” is rightly famous for its life on land. Yet this picture reveals only part of Guatemala’s riches. Below the ocean surface is a world of immense abundance and importance. The oceans on either side…
Climate change is making autumn leaves change colour earlier – here’s why
By Philip James As the days shorten and temperatures drop in the northern hemisphere, leaves begin to turn. We can enjoy glorious autumnal colours while the leaves are still on the trees and, later, kicking through a red, brown and gold carpet when out walking. When temperatures rise again in spring, the growing season for…
Polar link unites far extremes of north and south
By Tim Radford They are different worlds, one an ocean, the other a continent. But a polar link keeps them in touch with each other. LONDON, 30 November, 2020 − The Arctic and Antarctica are literally a world apart, but for an unlikely polar link. Change in the mass of ice in the north can and does precipitate…
Online event: Building climate resilience through insurance: Lessons from the InsuResilience Investment Fund’s first six years
The InsuResilience Investment Fund (IIF) is hosting an event at this years’ InsuResilience Global Partnership Annual Forum. The virtual side event “Building climate resilience through insurance: Lessons from IIF’s first six years” will take place on the 10th of December 2020 at 15:15 – 16:30 CET. In addition to the side event, IIF will participate…
Climate crisis: how museums could inspire radical action
By Colin Sterling and Rodney Harrison When Victorian tea-merchant Frederick Horniman was looking to build a new home for his extensive collection of natural and cultural artefacts, his own back garden offered the perfect spot. Situated on one of the highest points in London, Surrey Mount – the Horniman family home – enjoyed commanding views…
Desert locust outbreak highlights gaps in risk governance
By Monique Bennett The desert locust outbreak requires several levels of response from national and regional governance structures. We know that environmental disasters are a function of our disregard for the environment we have been entrusted to steward. The current desert locust plague is a timely reminder that the consequences of climate change enables…
Social Movements Lead Recovery from Devastating Back-to-back Hurricanes in Central America
By Christina Schiavon With a sequence and strength described by meteorologists as unprecedented, a pair of category 4 hurricanes, Eta and Iota, have slammed into Central America less than two weeks apart. Iota struck while accounting of the ongoing damages of Eta was still underway, leaving the full magnitude of total damages from both hurricanes…
Switzerland And The Pacific Islands Region Cooperate On Climate Change And Migration
The Swiss Federal Department of Foreign Affairs and the Secretariat of the Pacific Environment Programme (SPREP) are pleased to announce Switzerland is contributing USD100,000 to build capacity on climate change and disaster related migration, displacement and planned relocation for resilient development in the Pacific. Project partners, including the Pacific Islands Forum Secretariat, are working under…