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AXA: 4C warming makes the world uninsurable

Insurance giant AXA has announced a quadrupling of its 2020 green investment target from $3.53 billion to $14.13 billion as the company's CEO warned more than 4 degrees Celsius of warming this century would make the world "uninsurable."

Saudi Arabia casts an allure for sustainability

When U.S. Secretary of Energy Rick Perry signed a memorandum of understanding with Saudi Arabia recently to collaborate on technologies to reduce emissions in the kingdom, it was just the latest of many initiatives making the Middle East an attractive place to do green business — with a cautious approach.