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UN hopes water meeting can create ‘rippling effect’ to stave off crisis

An outdoor exhibition is seen during the 2023 United Nations Water Conference at the United Nations in New York City, US, on 24th March, 2023.

New York, US Reuters The United Nations’ first meeting on water in nearly half a century drew towards a close on Friday with hopes it would spur political momentum and fears that too little is being done to tackle chronic water stress globally. There is no international binding agreement for water like the one reached […]

Heat waves, flood, drought: Four in five of world’s cities at risk, study shows

Pakistan Karachi floods

Reuters Four in five cities across the world are facing significant climate hazards such as heat waves, floods and droughts, data from environmental disclosure non-profit CDP showed on Thursday. CDP’s report Protecting People and the Planet surveyed 998 cities from across the globe and showed that in addition to 80 per cent facing extreme climate events, […]

As climate impacts hit, cities are still struggling to prepare, researchers warn

LondonThomson Reuters Foundation More than two in three cities around the world already are noticing the effects of climate change, from more heatwaves to worsening flooding, but few have effective plans in place to deal with the threats, researchers warned this week. Budget restrictions are a key reason cities say they are failing to act, […]

World’s biggest firms foresee $US1 trillion climate cost hit

Climate change protest Brazil

LondonReuters More than 200 of the world’s largest listed companies forecast that climate change could cost them a combined total of almost $US1 trillion, with much of the pain due in the next five years, according to a report published on Tuesday. Even so, the findings by charity CDP suggested many companies still underestimated the […]