Focus on Environment
Nepal’s top court bars infrastructure in protected areas
After decades of rampant logging, Nepal also nearly doubled its forest cover between 1992 and 2016.
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
Wildfires in California affect the insurance business in Hawaii because insurance companies buy reinsurance — insurance for themselves.
Albertans await decision on potential coal mine as public hearings wrap up
Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.
Sizewell C nuclear plant costs ‘could double to nearly £40bn’
Nuclear plants are becoming vital for electricity in Britain as the government aims to decarbonize the grid by 2030.
IFC says world must urgently streamline green bond ‘taxonomies’
World Bank calls for unified green bond definitions to secure funds for the green transition, amid concerns over US policy shifts.
One in 10 Canadians live in places susceptible to green transition disruption: report
One in 10 Canadians live in communities susceptible to workforce disruption from the transition to a greener economy.
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit
BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
Canadian insured losses from 2024 weather events reach record C$8.5 billion
Canada's insured losses hit a record C$8.5B in 2024, driven by wildfires, hailstorms, and flooding, per IBC data.
US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit
US Supreme Court rejects oil firms' appeal to dismiss Honolulu's climate lawsuit accusing them of decades-long deception.
