Tag: Climate risk

BusinessInnovationScience

Climate Innovation Funding Gap Threatens Vulnerable Nations’ Resilience

Developing nations confront catastrophic climate impacts while receiving minimal climate technology investment. Climate entrepreneurs in vulnerable regions are pioneering solutions despite funding barriers that philanthropy could help overcome through innovative approaches.

Climate Vulnerability and Funding Disparities

Developing countries are positioned at the epicenter of climate risk exposure while facing severe underinvestment in climate solutions, according to recent analyses. Sources indicate these nations experience the most extreme climate impacts—from intense heatwaves and air pollution to devastating floods and droughts—while having the least capacity to respond effectively.

by Tyler Brooks P.E
GovernmentPolicy

US Regulators Reverse Climate Risk Standards for Banks Following Political Pressure

US banking regulators have withdrawn climate-related financial risk standards for financial institutions. The move follows significant pressure from former President Donald Trump and Republican lawmakers who argued climate considerations had become overly influential in financial regulation.

Regulatory Shift on Climate Risk Management

United States banking regulators have reportedly reversed course on requiring financial institutions to detail their management of climate-related financial risks, according to recent statements from federal agencies. The decision comes after sustained pressure from former President Donald Trump and Republican Party lawmakers who have consistently argued that climate considerations were exerting undue influence on banking oversight.

by Megan Carter