Natural catastrophes cost insurers $50bn in the first half of 2023

A major new report from Swiss Re reveals a series of severe connective storms in the US accounted for 68% of the global catastrophe losses alone, costing $35bn

New Zealand partners with BlackRock in drive for 100% green power

They have launched a $2bn fund to provide access to greater pools of capital for businesses and ramp up investments in solar power, wind generation, battery storage and hydrogen

Climate change is a threat to your bowl of cereal!

Drought is a real danger to the world’s supply of wheat, scientists have found

Low vote of confidence given to 90% of net zero pledges

Only the UK, New Zealand and EU managed to gain a high vote of confidence

‘Global crude oil production to be lower than expected’

Analysts also believe there will be a 24% uptick in electricity made from solar compared with last year

‘New York’s skyscrapers are sinking the city’

Sea levels in the city have risen by 22cm since 1950, linked to both climate change and sinking buildings

China invites US for climate talks

John Kerry has said he is hopeful the nations can “get back to where we were two years ago”

Leaked document claims Chinese spy balloon uses solar to power data collection

The document states that it had 10KW of solar capacity on board – similar to what would be found on a regular rooftop array

‘US doesn’t have enough power lines for its renewables’

According to a report by JPMorgan, the US has generated as much renewable energy in the past five years as it has in the last 20

‘Less Americans believing in climate change’

The number linking climate change to human action has fallen from 60% five years ago to 49% now