May 23, 2023
GENEVA (AP) – The economic damage of weather- and climate-related disasters continues to rise, even as improvements in early warning have helped reduce the human toll, the U.N. weather agency said Monday. The World Meteorological Organization, in an updated report, …
April 27, 2022
A disaster-weary globe will be hit harder in the coming years by even more catastrophes colliding in an interconnected world, a United Nations report issued Monday says. If current trends continue the world will go from around 400 disasters per …
May 27, 2021
There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the next five years — and these odds are rising, a U.N. report said on Wednesday. This does not yet mean …
November 25, 2019
The Philippines, among the world’s most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major calamities, in conjunction with the World Bank. The dual-tranche transaction consists of a $150 million issuance against losses from, , …
May 27, 2014
The large swath of the Pacific that includes the islands could see four to seven tropical cyclones during the upcoming hurricane season, weather forecasters in Hawaii said Wednesday. Tom Evans, acting director of the Central Pacific Hurricane Center, said during …
May 16, 2014
The latitude at which tropical cyclones reach their greatest intensity is gradually shifting from the tropics toward the poles at rates of about 33 to 39 miles per decade, according to a study published in the journal Nature. The new …