A key shift from existing accounting norms.
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Updates
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Helios raises $200 million from UK, European government agencies in drive to build biggest Africa-focused climate fund
Helios, Gaia Join Africa Climate Drive With $600 Million Target
bloomberg.com
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Natural catastrophes caused about $62 billion of insured losses in the first half of 2024.
Extreme Weather Sends Insured Losses 70% Above Historical Norms
bloomberg.com
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Star Energy Geothermal, owned by one of Indonesia’s most valuable companies, Barito Renewables Energy, is in talks to supply clean power to data centers if developers can build them near its geothermal power plants
Indonesia’s Largest Geothermal Firm Aims to Power Data Centers
bloomberg.com
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Fossil fuel companies have claimed billions of dollars from countries through an arcane legal provision that could deter governments from imposing more stringent climate laws, according to a new report.
Fossil Fuel Companies Reap Billions From Arcane Dispute Clause
bloomberg.com
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Gaia Fund Managers is raising $200 million for investment in African renewable energy plants and power grids.
Fund Manager Gaia to Raise $200 Million for Africa in Luxembourg Climate Fund
bloomberg.com
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Temperature in Barcelona hit a new high, breaking a 42-year-old record in the city
Barcelona Sets Heat Record as London Has Hottest Day of Year
bloomberg.com
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“Ninety-four percent of the companies have targets but half of them don’t know how to get there.”
Asian Companies’ Climate Ambition Faces Roll-out Challenges
bloomberg.com
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An urban planner has a radical proposal for how to address Britain's housing crisis: Build a new London offshore next to the one that's already there.
A Radical Fix for Britain’s Housing Crisis: A New Offshore City
bloomberg.com
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Hundreds of rescue workers searched through mud and debris Wednesday from multiple landslides that have killed at least 151 people in southern India (via AP)
Death Toll From Landslides in Southern India Rises to 151
bloomberg.com