If we don’t invest in reducing climate risk now, we will pay for it later

The sun is reflected in the solar panels

April 1 – In 2025, the economic reality of climate risk hit hard. The hurricanes drove home insurance highs and wiped out the Florida coast. Floods in the UK raised claims in high-risk areas. In the Philippines, scientists have said that 30 percent of the damage caused by Typhoon Fung-wong is directly attributable to climate … Read more

Brazil asks bank managers to fight deforestation

Manuela Andreoni

BRASILIA/SAO PAULO, April 1 (Reuters) – After struggling for years to track and punish deforestation across the world’s largest rainforest, Brazil is recruiting new allies in the fight to protect the Amazon: bank executives. A new law that goes into effect on Wednesday requires banks to check whether applicants for rural loans have deforestation on … Read more