Climate Change Impact

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World

Global regulator pushes for financial reports to include climate risk

The International Accounting Standards Board (IASB) has called for companies to include climate-related risks in their balance sheets and income statements, marking a significant departure from current practices. Bloomberg Africa reports that the IASB, which sets accounting standards for over 160 countries, announced a market consultation to ensure financial statements reflect the impact and uncertainties associated with climate change. In 2023, the IASB introduced IFRS S1, which outlines general requirements […]

today1 August, 2024

Health / Medical

Climate change behind Africa’s cholera increase

The Africa Centres for Disease Control and Prevention has tied the worst outbreak of cholera in three years to climate change, saying adverse weather is raising the risk of this disease faster than in the rest of the world. That’s as floods in the Democratic Republic of Congo — and across southern Africa — stretch already fragile health systems. The increase in cases comes even as Africa is the region […]

today1 February, 2024