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Global Governments Want Bigger Share of $2 Billion Carbon Offsets Markets
From Indonesia to Kenya to Honduras, the goals are the same: Governments want to retain more of the benefits of emissions-reduction projects
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El Niño Could Make Your Cup of Coffee More Expensive as Robusta Beans Prices Surge
The weather event usually brings hotter and drier conditions to main robusta growing regions; the crop in Brazil, the No. 2 producer of the variety, is expected to drop by 5%
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Tequila Don Julio Owner Diageo Says Water Crisis Threatens Spirits Supply
The London-based alcoholic beverage company has pledged to replenish more water than it uses in all the “water-stressed areas” it operates in by 2026
Linea Latina
Puerto Rico Feels Hotter Than Saudi Arabia With Record-Breaking Heat
The heat index could reach 114F Wednesday as the island experiences unprecedented and dangerously high temperatures
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A Global Stock Trader’s Guide to More Extreme Weather Events
As climate change becomes the new normal, firms from all industries have to prepare their business plans to face the climate emergency
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Moody’s Analytics: Climate Change Could Shrink Latin America’s GDP by Up to 20%
Economic simulations run by the company found that ignoring climate change would cost Latin America 6% of its gross domestic product by 2050 and nearly 20% by 2100
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Damage to Amazon Rainforest Could Cost Brazil $184 Billion: World Bank
Extreme weather events are already taking a toll on Latin America’s largest economy, costing it $2.6 billion on average each year, according to the bank
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From Monterrey to Chile, Water Theft Proves Lucrative in a Dangerously Dry World
As many as 4 billion people around the globe experience water scarcity for at least one month a year, and worsening climate disasters including storms and drought only threaten to make matters worse
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There Are More Home Runs in Baseball Thanks to Climate Change, Study Says
More than 500 major league home runs since 2010 can be attributed to global warming, according to Dartmouth researchers