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Climate change will hit poor nations' creditworthiness S&P

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Global warming will pressure sovereign credit ratings throughout this century with poorer, lower-rated countries hardest hit, Standard & Poor's (S&P) Ratings Services said in a report. S&P said climate change will be the 21st Century's second global "mega-trend', after aging populations, to put downward pressure on sovereign ratings, which could harm economic growth and government coffers. The report said extreme weather events such as typhoon Haiyan, which killed more than 5,000 people in the...

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Guru warns of impact of climate change

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Namibian: Professor Gabriel Filippeli NAMIBIA, together with the rest of the world, will feel the full impact of climate change if current changes in greenhouse gas composition of the atmosphere through burning fossil fuels, oil, gas and coal continue. This was said by Professor of Earth and Sciences and Public Health Gabriel Filippelli from the Purdue University in Indianapolis in the United States. Filippelli, who is on a seven-day visit to Namibia, says the current conditions are causing the climate to...

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Climate change to affect Philippines future credit ratings

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Mirror: The Philippines was cited as one of the countries most vulnerable to the risks, financial or otherwise, of climate change in the Asia-Pacific region, according to a report released by Standard & Poors (S&P) on Friday. Others on the S&P list were Vietnam, Bangladesh, Fiji, Papua New Guinea and Indonesia. Their vulnerability is in part due to their reliance on agricultural production and employment, which can be vulnerable to shifting climate patterns and extreme weather events, but also due...

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Report: Hawaii vulnerable to climate change

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Garden Island: A new report released last week says Hawaii should prepare for severe impacts resulting from global climate change, including rising temperatures sea levels, coastal erosion and diseased coral reefs. "This is an important report for us to consider in all areas of our operation moving forward," Kauai Mayor Bernard Carvalho Jr. said in a statement. The Third National Climate Assessment was released May 6 by the U.S. Global Change Research Program and includes a section dedicated to Hawaii and...

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Wildfires and Climate Change: It's Enough to Make You Sick

2014-05-17 14:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Street: This week started off ominously with two independent teams of scientists saying that the West Antarctic Ice Sheet is collapsing as a result of man-made global warming. The melt could put coastal cities under water in the not-too-distant future. Turned out that was only the start of the week's bad news for the globe. Since then, California wildfires have begun raging again, this time near San Diego. The early start to the season of vicious, destructive infernos is evidence that climate change is...

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