• Climate change to shave 0.5% a year off insurers' capital

    16 November 2015

    Climate change threatens to have a negative impact on the capital position of insurers, by lowering investment income and increasing capital requirements for weather-related claims, Standard & Poor's (S&P) predicts.

  • FSB calls for task force on climate risk disclosure

    09 November 2015

    The Financial Stability Board (FSB) has called for the creation of an industry-led task force to work on the disclosure of climate-related risks.

  • Capital Markets Union must safeguard against climate risk, says think tank

    27 October 2015

    The European Union's plan to build a single market for capital across all 28 member states – the Capital Markets Union (CMU) – should incorporate safeguards to reduce risks arising from climate change, according to UK think tank, E3G.

  • Bank of England warns insurers on potential losses from stranded assets

    30 September 2015

    The transition to a low-carbon economy could inflict heavy losses on insurers, as a result of potential shifts in asset prices, Mark Carney, governor of the Bank of England, has warned.

  • Stranded assets warning for insurers

    03 March 2015

    Insurers need to keep a close eye on fossil fuel assets that might be affected by climate change legislation, Paul Fisher, deputy head of the UK's Prudential Regulation Authority (PRA), has warned.

  • Quotes of the quarter

    23 December 2014

    As the calendar year wraps up, Environmental Finance takes a look back at some of the quotes that defined the last quarter.

  • Bank of England to step up stranded assets research

    02 December 2014

    Bank of England governor Mark Carney plans to "deepen and widen" its inquiry into the debate around stranded fossil fuel assets.

  • Bank of England asks insurers how they are dealing with climate change

    29 October 2014

    The Bank of England has written to some of the UK's biggest insurers asking them how they are adapting their businesses to take climate change into consideration.

  • AP2 divests from 20 'seriously risky' fossil-fuel companies

    20 October 2014

    The SEK265 billion fund is moving its money out of 20 firms – 12 in coal and eight in oil and gas production – following what it called a "comprehensive risk analysis" of its holdings.

  • Mark Carney says climate risks could make most oil reserves 'unburnable'

    14 October 2014

    Bank of England governor Mark Carney has warned that "the vast majority of oil reserves are unburnable" if the world is to avoid catastrophic climate change.