AGP Executive Report
Last update: 3 hours agoClimate Costs: Climate change made Cyclone Arnab’s damage in eastern India 33% worse, adding tens of millions of dollars in losses, a new study found. Warming raised peak winds by about 5% and eyewall rainfall by 11%. Children on the Frontline: A UNICEF report says 9.9 million children in Nepal face unhealthy air, 7.3 million drought and 5.7 million extreme heat, with climate shocks also disrupting education and basic services. COP31 Funding Gap: As climate talks approach in Türkiye, developing nations face a stark shortfall: they need about $305 billion a year to tackle climate change but receive barely $32 billion, according to a UNEP report. Water Stress: Vancouver Island reservoirs are at unusually low levels after a dry fall, raising concerns for community water supplies and aquatic ecosystems if substantial rain does not arrive. Climate Policy: A review of insurance rules across seven jurisdictions found regulators do more to shield insurers from climate risks than to protect people’s access to affordable coverage.
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