Map showing natural catastrophe loss event worldwide in 2021. In 2021, natural disasters caused overall losses of $280 billion, of which roughly $120 billion were insured. Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: $146 billion, inflation-adjusted) – overall losses from natural disasters were the fourth-highest to date (record year 2011: $355 billion). Graphic: Munich Re

For the insurance industry, 2021 was the second-highest loss year on record, after 2017 – “The 2021 disaster statistics are striking because some of the extreme weather events are of the kind that are likely to become more frequent or more severe as a result of climate change”

10 January 2022 (Munich Re) – Worldwide, natural disasters caused substantially higher losses in 2021 than in the two previous years. Based on provisional data, storms, floods, wildfires, and earthquakes destroyed assets worth US$ 280bn. Losses in the previous year amounted to US$ 210bn, while in 2019 they were US$ 166bn. Roughly US$ 120bn of […]

Global greenhouse gas emissions, 1990-2020. The reduction in emissions in 2020 due to the COVID-19 pandemic and global recession was 10 times greater than the impact on emissions from the 2008 global financial crisis. Graphic: Rhodium Group

Global greenhouse gas reduction in 2020 from pandemic and global recession “was 10 times greater than the impact on emissions from the 2008 global financial crisis”

By Alfredo Rivera, Shweta Movalia, Hannah Pitt, and Kate Larsen 23 December 2021 (Rhodium Group) – Understanding annual trends in greenhouse gas (GHG) emissions is a critical input for decision-makers in their efforts to reach net-zero emissions, whether is at the national, state, city, or corporate levels. Tracking emissions of the 190+ Parties to the […]

A sanitation worker sweeps a deserted road in Xi'an, in the northern Chinese province of Shaanxi, after the city was locked down in December 2021 due to COVID-19. Photo: Agence France-Presse / Getty Images

China holds to its “zero Covid” strategy, locks down Xi’an, a city of 13 million

By Vivian Wang and Joy Dong 30 December 2021 (The New York Times) – China, racing to control one of its worst outbreaks in a single city since the beginning of the pandemic, has put in place a sweeping lockdown and mass testing drives, making clear that the country has no intention of abandoning its “zero […]

Newcastle Coal Futures, 5 December 2008 - 23 December 2021. In December 2021, Newcastle Coal Futures rose to $169 per metric ton, the highest price since the $222 peak on 29 October 2021, pressured by a surge in China’s thermal coal futures as supply is expected to tighten. In 2021, the Chinese government has intensified a crackdown on illegal mining in the country's top coal producing region Shanxi after a round of inspections at the region's miners and found at least 14 coal mines producing beyond their authorized capacity. Meanwhile, the National Development and Reform Commission, China’s top economic planner, released a plan to raise annual thermal coal prices for 2022 to CNY 700 per ton from 2017's CNY 535 per ton, well above an informal ceiling of CNY 600. Earlier in 2021, China introduced power curbs especially for energy-intensive businesses and restrictions on coal imports, aiming to reach its climate targets but such curbs led to a serious power crunch. Graphic: Trading Economics

“Prepare for lack of electricity” in 2022 says Foxconn founder

By Elles Houweling 20 December 2021 (Verdict) – The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” Instead, they should “prepare”. Hon Hai Precision […]

Map showing the near-surface air temperature differences from the 1981-2010 average for January to September 2021. Data are from the ERA5 reanalysis product. Graphic: C3S / ECMWF

State of the Climate in 2021: Past seven years are on track to be the seven warmest on record – “Extreme events are the new norm”

GENEVA, 31 October 2021 (WMO) – Record atmospheric greenhouse gas concentrations and associated accumulated heat have propelled the planet into uncharted territory, with far-reaching repercussions for current and future generations, according to the World Meteorological Organization (WMO). The past seven years are on track to be the seven warmest on record, according to the provisional WMO […]

Global carbon dioxide emissions from fossil fuels, 1959-2021. Global CO2 emissions bounced back after COVID-19 restrictions and reached pre-pandemic levels in 2021. Graph: Global Carbon Project

Global carbon emissions rebound to pre-pandemic levels after unprecedented drop in 2020 – “The fast recovery in CO2 emissions, following last year’s sharp drop, should come as no surprise”

By Pep Canadell, Corinne Le Quéré, Glen Peters, Pierre Friedlingstein, Robbie Andrew, and Rob Jackson 3 November 2021 (The Conversation) – Global carbon dioxide emissions have bounced back after COVID-19 restrictions and are likely to reach close to pre-pandemic levels this year, our analysis released today has found. The troubling finding comes as the COP26 climate talks […]

Projected coal demand in the Stated Policies Scenario in the World Energy Outlooks 2021, 2020, and 2016. The International Energy Agency’s flagship outlook in October 2021 projected that under nations’ existing policies, global demand doesn’t begin falling again for several years. Then it declines but in 2050 is still at 70 percent of today’s levels. The IEA’s roadmap for reaching net-zero global emissions by 2050 requires a 55 percent decline by 2030. Graphic: IEA

After COP26: The long road to phasing down coal – “It is hard to shut down coal facilities because few countries have sufficient spare capacity in their electricity systems to be able to do so”

By Ben Geman 16 November 2021 (Axios) – Let’s leave to history to see whether the COP26 deal to “phase down” coal instead of “phase out” makes any real-world difference, but what’s clear is that any meaningful “phasing” at all is hard. Why it matters: Coal is the most carbon-intensive fuel. Any pathway to meeting the Paris Agreement […]

Aerial view of JERA's Hekinan thermal coal power station in Hekinan, central Japan on 18 October 2021. Picture taken October 18, 2021. Photo: Yuka Obayashi / REUTERS

COP26 aims to banish coal. Asia is building hundreds of power plants to burn it – “You can have the cake of coal and an icing of solar”

By Sudarshan Varadhan and Aaron Sheldrick31 October 2021 UDANGUDI, India/TOKYO (Reuters) – On the coastline near India’s southern tip, workers toil on a pier carrying a conveyor belt that cuts a mile into the Indian Ocean where the azure waters are deep enough for ships to berth and unload huge cargoes of coal. The belt […]

Satellite view of the Chinese fishing fleet crossing the Pacific ocean to the coast of Peru, June - September 2021. Data: NASA. Video: AP News

Great Wall of Lights: China’s sea power on Darwin’s doorstep – “It really is like the Wild West. Nobody is responsible for enforcement out there.”

By Joshua Goodman 24 September 2021 ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) – It’s 3 a.m., and after five days plying through the high seas, the Ocean Warrior is surrounded by an atoll of blazing lights that overtakes the nighttime sky. “Welcome to the party!” says third officer Filippo Marini as […]

Aerial view of vehicles stranded in floodwater on 20 July 2021 after record rainfall in Zhengzhou, Henan Province of China. Photo: Jiao Xiaoxiang / VCG / Getty Images

Rescue efforts launched after record floods in central China displace 1.2 million – “Worst rain in a thousand years” in Henan province, “worst in Zhengzhou history” with a year’s worth of rain falling in a single day

By Alicia Chen, Lyric Li, and Eva Dou 21 July 2021 (The Washington Post) – Wang Peng rushed to join flood rescue efforts in Zhengzhou on Wednesday, as the central Chinese city was inundated with record rain. But his group of volunteers found themselves overwhelmed, with streets turned into rivers. “Once I got to the […]

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