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ADB ‘Vastly Overstated’ climate finance claims in Asia, says Oxfam

by AIP Online Bureau | May 2, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

The ADB, however, reaffirmed its figures, standing by its methodology and commitment to deliver USD 100 billion in climate financing by 2030, with USD 34 billion earmarked for adaptation and resilience. The Asian Development Bank’s actual finance numbers for its...

US appeals court says kids’ climate lawsuit must be dismissed

by AIP Online Bureau | May 2, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

The plaintiffs had argued in their 2015 lawsuit that the government has permitted, authorized and subsidized fossil fuel extraction and consumption despite knowing those actions cause catastrophic global warming AU.S. appeals court on Wednesday said a lawsuit filed by...
Global microinsurance premiums touch $5.8 billion in 2023, cover only 15% of market: Report

Global microinsurance premiums touch $5.8 billion in 2023, cover only 15% of market: Report

by AIP Online Bureau | May 2, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life

The 2023 Study, drawing on from 294 insurers covering 1,040 products across diverse sectors, including health, life, agriculture, and property, estimates the value of the microinsurance market across 36 countries at USD 41.4 billion. With only 15 per cent of that...

Fight climate change with fiscal discipline

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The transition to clean energy requires enormous public investment in electricity generation and distribution, in addition to the far larger expense of mitigating the damage caused by rising temperatures. Further delay will increase the public and private costs more...

Generative AI could boost bank revenues by 6 pc in next three years: Accenture

by AIP Online Bureau | May 1, 2024 | Data, Eco/Invest/Demography, Technology

The report also delved into the transformational effect of generative AI on different banking roles. It categorized these roles into three main groups. Approximately 41 per cent of banking occupations, primarily involving data collection and processing, have a high...
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