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An image of the quake devastation in Kathmandu, Nepal.

Why We Should Buy Earthquake Insurance

After the recent catastrophe in Nepal, it’s time for homeowners in Asia and the Pacific to decide whether or not to purchase earthquake insurance. On one hand it could happen tomorrow, on the other it may not happen for another 80 years – so is it a gamble we are willing to take?

Arup Kumar Chatterjee

Will the Green Climate Fund Pledges Create a Momentum for Ongoing Climate Negotiations?

The recent formal pledging session for the Green Climate Fund (GCF)—more than $9 billion in just 5 months—is by far the most successful resource mobilization ever seen for a multilateral climate fund. The US has pledged $3 billion, followed by Japan ($1.5 billion), UK ($1.13 billion), and Germany and France (with $1 billion each). Four developing countries—Indonesia, Mexico, Mongolia, and Panama—have made pledges, breaking the traditional donor boundaries. 

Preety Bhandari

Window of Opportunity Still Open on Climate Action

A set of reports by the Intergovernmental Panel on Climate Change (IPCC), the last of which was released on November 2, 2014, sets the scene for governments to renew their efforts on the issue through ambitious commitments for a comprehensive climate agreement in Paris in December 2015. 

Preety Bhandari