Miami is ‘ground zero’ for climate risk. People move there, build there anyway

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South Pointe Beach in Miami Beach, Florida. Greg Iacurci MIAMI — Daniel Habibian worries about climate change.  His clothing boutique in Miami Beach’s iconic South Beach neighborhood sits just a few blocks inland from the Atlantic Ocean.  Rising seas threaten to swallow much of the Miami metro area in the coming decades as the world … Read more

Inflation Reduction Act home energy rebates may arrive soon

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Ryanjlane | E+ | Getty Images Rebates tied to home energy efficiency and created by the Inflation Reduction Act may start flowing to many consumers within months.   The federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories and tribes, which must apply for the funding. The U.S. Department of … Read more

What the SEC vote on climate disclosures means for investors

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Securities and Exchange Commission Chairman Gary Gensler testifies before Congress on July 19, 2023. Win Mcnamee | Getty Images News | Getty Images ‘A sensible rule to protect investors’ “Climate risk is financial risk,” Elizabeth Derbes, director of financial regulation and climate risk for the Natural Resources Defense Council, said in a written statement. “This … Read more

Government of Goa and World Bank collaborate to launch innovative blended finance facility for climate resilience

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The Government of Goa has announced a groundbreaking partnership with the World Bank to establish a pioneering Blended Finance facility aimed at bolstering climate resilience. According to a press release, this unprecedented initiative marks a significant step towards accessing and mobilizing concessional finance to implement low-carbon and climate-resilient investments in Goa, setting an example for … Read more