Tag: climate

  As climate change-related natural disasters accelerate in terms of both frequency and cost, Canadian homeowners are increasingly feeling the financial impact in their insurance premiums. According to new analysis from RATESDOTCA, the average cost of home insurance has grown at more than three times the rate of inflation over the past decade as personal property damage claims have grown 42 per cent nationwide over the same timeline*. Alberta has seen the most dramatic growth, with average home insurance rates in the province rising 140 per cent since 2011 from $741 to $1,779 as of early 2021. In Ontario, premiums ... Read more

Researchers from corners of India are tracing the impact of climate change on the country, finding new ways to track the global problem, improving the projection of climate, its impact as well as vulnerability to prepare for the future. Dehradun-based researchers have found that small-sized glaciers in Sikkim are melting at a higher magnitude as compared to other Himalayan regions in a study published in ‘Science’ conducted by the Wadia Institute of Himalayan Geology. Researchers from the same institute have also found that black carbon from agricultural burning & forest fire has alerted over the years may influence melting of ... Read more