AXA Climate

🌎 Curious about what has caught our attention in December? 🗻#Alps : A study reveals a 34% snowfall decline in the Alps since 1920, driven by rising temperatures, impacting water resources, tourism, and climate. ☕️ #Climatechange: Droughts in Brazil and Vietnam drove 2024 coffee prices to record highs, with Arabica up 71% and Robusta marking a 45-year high as climate change threatens an 89% reduction in coffee-growing areas by 2050. 💡 #NatureBasedSolutions could create 32 million jobs by 2030, requiring skills development and inclusive policies to address climate and biodiversity challenges. 🌳 #Rewilding: Scotland and Wales are addressing severe biodiversity loss, with Scotland aiming for 30% restoration and Wales tackling a 20% species decline since 1994 through projects like 1,000-acre rewilding by 2025. 💧#Mangrove: Mangroves provide $855 billion in flood protection and carbon storage but face significant loss, risking collapse by 2050 without urgent preservation efforts.

Climate change is intensifying wildfires globally, posing significant threats to agriculture, livelihoods, and financial stability. AXA Climate scientist co-authored the World Resources Institute newest research introducing a first-of-its-kind #wildfire loss assessment framework that offers solutions by combining remote sensing data, climate scenario analysis, and event simulation models with a case study in Yunnan, China. Key highlights from the research include: 💰Between 2011 and 2020, wildfires caused annual losses ranging from US$135.8 million to $254.8 million in Yunnan's five key crops. 🌾Extreme wildfire events account for 15–30% of annual losses, posing serious threats to smallholder farmers and risks for financial institutions. 🔥Future projections indicate a shift in peak wildfire risk months. 🏦Financial institutions face challenges in managing climate-induced risks, underscoring the need for comprehensive solutions and external support. 🛰️ Climate risk analysis should be integrated into risk-transfer solutions. Read the full paper to learn more: https://bit.ly/4gxm6EV

🌍 Sur Terre, 97,5 % de l'eau est salée et se trouve dans l’océan, tandis que la majeure partie de l’eau douce est gelée ou stockée dans les nappes phréatiques. Ainsi moins de 1 % de l'eau sur notre planète est disponible pour la consommation humaine. En parallèle, notre demande en eau douce n’a de cesse d’augmenter (prélèvements multipliés par 3 depuis 1990), alors que METEO FRANCE nous alerte sur l’augmentation des sécheresses en raison du dérèglement climatique. Le #dessalement de l’eau de mer est donc régulièrement cité comme une solution d’adaptation pour palier le manque d’eau, qui devrait augmenter de 40% d’ici 2030 selon l’ONU. 🧂 Concrètement, comment ça marche ? Le dessalement de l’eau de mer se fait essentiellement par osmose inverse, ce qui consiste à faire passer de l’eau de mer sous pression à travers une membrane pour retenir le sel et les autres composés (métaux lourds et éléments toxiques). 💪 Et c’est efficace ? Aujourd’hui dans le monde, seulement 1% de notre consommation d’eau douce provient de ce procédé, et les unités de dessalement présentent divers inconvénients: 💸 des coûts d’investissement et de fonctionnement élevés, notamment en raison de la consommation importante d’énergie, 🧂 la salinité élevée des rejets qui impacte directement les espèces marines à proximité, ☠️ des composés toxiques résultant de la phase de pré-traitement qui contaminent les écosystèmes marins. 🔎 Et en France on en est où ? En France, la tendance développée dans le plan Eau est à l’heure actuelle de privilégier le traitement des eaux usées plutôt que le développement de le dessalement, notamment en raison de son impact environnemental et de son coût élevé. En bref, le dessalement de l’eau est une piste d’adaptation interessante, mais ça reste encore un peu la mer à boire.

By 2050, climate change could shrink global GDP by nearly 19% annually, translating into $38 trillion in losses. This isn’t just a distant possibility—it’s a call to action. Businesses must adapt to inevitable climate impacts or risk being left behind. For Stephane Godier🦋, in this evolving landscape, insurers are emerging as key players in climate resilience. They’re no longer just protecting assets—they’re driving systemic adaptation. Using advanced data and predictive models, insurers help businesses map vulnerabilities across supply chains, operations, and beyond. 🚀 Enter parametric insurance: a game-changer for businesses facing climate risks. Unlike traditional insurance, parametric solutions predefine payouts based on measurable climate thresholds. The result? Faster, transparent and dispute-free compensation that ensures continuity in the face of disasters. From #hurricanes to #droughts, these solutions cover risks once deemed uninsurable, enabling businesses to secure liquidity and maintain operations. More than financial tools, they represent a shift toward proactive resilience. 🌟 Insurers are now strategic partners in building sustainable futures. By combining risk transfer, mitigation, and adaptation, they’re helping businesses transform climate challenges into opportunities. Read the full article here: https://lnkd.in/ecp26VMp

👀 All eyes on #Nature and Biodiversity ! COP29 Azerbaijan on climate change just ended. The dedicated “Nature day” was an opportunity to recall that climate change affects biodiversity, but also that biodiversity is essential for limiting climate change. A good reminder on the urgency to better align biodiversity conservation and climate action. So let’s put our nature lenses on to look at November’s news, with a little bias towards the climate/nature nexus. News # 1 🪸 Once again, the Great Barrier Reef faced record coral mortality: up to 72% coral losses in some parts of the Great Barrier Reef. Intense bleaching and repeated cyclones, particularly in its northern regions, are the driving factors. Recent monitoring highlights the vulnerability of this iconic ecosystem, underlining the compounded effects of climate change and extreme weather on marine biodiversity. News # 2 🌿 Costa Rica has introduced its very first climate adaptation plan to protect its wildlife areas from the growing impacts of climate change. The initiative aims to enhance resilience in protected ecosystems, ensuring the preservation of biodiversity while mitigating the effects of extreme weather and rising temperatures. News # 3 🔋 A call to reassess the placement of solar farms in natural areas emphasises the importance of considering all environmental impacts, not just carbon emissions. In the Cévennes, plans include installing 122 hectares of solar panels in a protected area. Balancing biodiversity and ecosystem health alongside efforts to achieve carbon neutrality is crucial for sustainable energy solutions. News # 4 🛍 In Busan, 175 countries are negotiating to finalise the Global Plastic Treaty. The High Ambition Coalition (67 nations) is urging drastic reductions in plastic production as 75 to 199 million tonnes already pollute the oceans. Without action, this crisis could triple by 2060, posing a severe threat to biodiversity. News # 5 🐝 Bees are being used to deter elephants from farmland, offering a natural, non-lethal way to reduce human-wildlife conflict. In Kenya, beehive fences are very effective at reducing up to 86.3% of elephant raids when the crops in the farms are at their most attractive. This innovative approach protects crops, supports biodiversity, and fosters coexistence.

La #COP29 s’est achevée et semble déjà loin. Pourtant, derrière les critiques et frustrations, se cachent des décisions (ou leur absence) qui redéfiniront le cadre dans lequel les entreprises et organisations publiques devront évoluer. Il est donc essentiel d’y revenir avec recul. C’est pourquoi, avec Novethic et la Climate School, nous vous proposons un temps d'échange pour décrypter les impacts de cette COP. Au programme : - Les raisons de la frustration autour de la COP et les véritables enseignements à en tirer. - Les implications concrètes pour les entreprises : quels ajustements prévoir, quelles opportunités saisir ? - Des pistes stratégiques pour intégrer ces dynamiques et passer de spectateur à acteur. Ce webinaire sera avant tout un espace d’échange : après une analyse approfondie, vous pourrez poser vos questions et partager vos perspectives. Inscrivez-vous dès maintenant ! 📅 Date : Jeudi 5 décembre 2024 ⏰ Heure : de 12h à 13h 💻 Inscription : https://lnkd.in/e9sqnyHj

🧭 SFDR : 3 ans plus tard, toujours en quête d'une boussole ? Le règlement SFDR a marqué un tournant en harmonisant la communication sur la durabilité des investissements mais il reste toujours trop complexe et peu structurant (3 ans après son entrée en vigueur). SFDR présente 4 faiblesses principales : 1️⃣ Calendrier décalé : SFDR repose sur des règles publiées après son lancement, créant de la confusion. 2️⃣ Interprétations divergentes : l'absence de clarté dans les directives induit des marges d’interprétations larges, qui conduisent à des pratiques hétérogènes. 3️⃣ Manque de cohérence : au sein d’une même classifications de produits, on trouve des fonds pratiques variées et parfois peu cohérentes, en raison du manque de normes précises. 4️⃣ Détournement de l’objectif : SFDR est souvent réduit à un simple label, perdant de vue son but initial d’amélioration de la transparence. Aujourd’hui encore, ni la Commission Européenne, ni les régulateurs ne s’accordent sur les évolutions à venir. ⛵️ Si vous naviguez dans l’incertitude, adoptez une stratégie basée sur 3 piliers : crédibilité, transparence et agilité. 🛟 Découvrez comment avancer dans cette incertitude réglementaire, grâce à notre guide téléchargeable ici : https://lnkd.in/eGiQDfNv

🌎 Curious about what has caught our attention in November? 📊 #Climatechange: COP29 reached an agreement for $300 billion annual climate finance by 2035, but developing nations criticized it as insufficient and unclear, exposing global divides ahead of COP30. 🪨 #Coal: The UK has banned new coal mines and closed this year its last coal-fired power plant in Ratcliffe on Soar in the East Midlands. 🌎 #Climate: Scientists are studying Iceland's black volcanic deserts to understand the impact of high-latitude dust on climate and weather patterns. As the dust has a unique fingerprint, it's aiming to improve climate models and predictions for global warming. 🌿 #Forest: Forests with diverse tree species, especially tropical ones, play a crucial role in combating climate change by balancing fast and slow carbon sequestration. 🧊#Antartic: The autonomous vehicle Marlin revealed warming waters under Antarctica's Ross Ice Shelf, accelerating ice loss linked to climate change and contributing to global sea level rise. While the temperature increases by four thousandths of a degree a year, it could lead to around 20 to 80 cm of additional ice loss per year over the 45 years, according to scientists. Read about it in our latest newsletter!

Why decoding compound weather events is critical? As extreme weather events like heatwaves, droughts, and storms become more frequent, they are also increasingly overlapping—triggering what scientists call #compound events. First introduced by the IPCC in 2012, these phenomena amplify risks, creating impacts far beyond what individual events could cause. Understanding compound events it’s an urgent challenge. How do simultaneous hazards, like drought and heatwaves, devastate crops? How do back-to-back events, like a heatwave followed by a drought, escalate wildfire risks? And how do distant drivers, like El Niño, reshape global storm patterns? These are the questions our team of scientists, in collaboration with the Society of Actuaries (SOA) Research Institute, set out to answer—and here is what they found: 1️⃣ Successive heatwaves and droughts increase wildfire risks in California by up to 75% during wildfire season. 2️⃣ Simultaneous drought and heat events reduce wheat yields by 70% compared to normal conditions. 3️⃣ Climate drivers like El Niño alter tropical cyclone activity, intensifying storms in some regions while weakening them in others. 🌡️ With climate models projecting a 9% rise in compound event risks by mid-century under high-emission scenarios in some regions of the world, the stakes couldn’t be higher. Better science can help us anticipate, adapt to, and mitigate climate change. 🔬 Dive into the full article to explore their scientific work here: https://lnkd.in/grPFQpJU

📅 As of today, ESMA’s #guidelines on fund names apply for new funds. If you're launching a new fund, here's what you should know. The European Securities and Markets Authority (ESMA) is introducing new guidelines to ensure greater transparency and reliability in the use of sustainability-related terms in fund names. Coming into effect for new funds today, November 21, these rules establish stricter criteria to use a sustainability-related term in the product's name. If you use terms like “transition”, “environmental” or “sustainability”, the following guidelines apply: 1️⃣ 80% of investments must meet the environmental or social characteristic or have sustainable investment objectives, 2️⃣ The fund must comply with sector-based exclusion criteria 3️⃣ Additional requirements may apply depending on the term used such as impact, transition or sustainability 🗓 For new funds: guidelines enter into force today. 🗓 For existing funds: another six-month transition period is provided to ensure compliance with these new guidelines. ✅ These rules aim to provide greater transparency on the market, reduce #greenwashing risks and provide a clearer message about the sustainability goals that are pursued. Discover our advice below and contact Lucie Delzant to know more!