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More at risk of losing homes as climate change outpaces response, Fiji warns

Mami Mizutori, who leads the U.N. Office for Disaster Risk Reduction said globally, there had been a notable reduction in the loss of life caused by extreme weather events like storms and floods, as governments stepped up efforts over the past five years to evacuate millions of people to safer places. But the number of people affected by disasters remained “chronically high”, with displacement one of the harshest consequences, pushing many into crowded city slums or to other countries where they do not always get a friendly reception.

Only about 100 countries have so far put formal strategies in place to cut the risk of disasters, she said. Such plans can include things like early warning systems, stronger building codes and a ban on construction in flood-prone areas.

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Cyber Insurance- a must for Enterprises

A cyber insurance cover is a must especially for corporates as it is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event.
Currently, insurance covers are designed to protect against a number of cyber exposures that can impact businesses including direct costs to the corporates as well as claims/losses from third parties. 

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Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

“The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS.

“The coronavirus pandemic is a reminder that risk management and business continuity management need to further evolve in order to help businesses prepare for, and survive, extreme events. While the pandemic continues to have a firm grip on countries around the world, we also have to ready ourselves for more frequent extreme scenarios, such as a global-scale cloud outage or cyber-attack, natural disasters driven by climate change or even another disease outbreak,” he said.

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Private sector should be an ally In India’s big vaccine push

The ugly truth about India is that its problems rarely revolve around production; too often they center on distribution. We produce more than enough food but can’t distribute it to our population, so we have a third of the world’s malnourished children. While we generate more than enough electricity, our distribution system is inefficient and unprofitable – and so businesses and homes are plagued by constant power cuts.

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Labour codes to herald new wave of reforms in 2021; job creation likely to be major challenge

during the pandemic, the central government was successful in getting Parliament’s approval for three labour codes on Industrial Relations, Social Security and Occupational Health Safety & Working Conditions (OSH) this year

The Code on Wages was approved by Parliament last year and its rules have been firmed up. But the implementation of the rules for Code on Wages was held back because the government wanted to implement all four labour codes in one go

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Hungry for change: Faulty food systems laid bare by COVID-19 and climate crises

Farmers and poor urban residents have so far borne the brunt of the pandemic, meaning inequality between and within countries could deepen further in 2021, said Ismahane Elouafi, chief scientist at the U.N. Food and Agriculture Organization (FAO).

“Even before COVID-19 hit, 135 million people were marching towards the brink of starvation. This could double to 270 million within a few short months,” warned David Beasley, head of the U.N. World Food Programme (WFP), in emailed comments.

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Nine in 10 India Employees Feel Prepared to Work Remotely for the Long-Term

However, employees shared concerns about not having access to the right technologies and the blurring of boundaries between work and personal lives in a long-term remote work arrangement. 

The research also found that the most in-demand technology resources that employees want are productivity equipment or tools, remote access to internal company resources and cloud technology.

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From insurers to landlords, retailers to restaurants, COVID tarnsforms  Economies

Like no other event in memory, the pandemic has upended economies in the United States and across the world — transforming how people work, travel, eat, shop and congregate. It has changed how students are educated, how people communicate, how households are entertained and which industries, geographic areas and categories of people will thrive and which will suffer.

It has widened a gap between educated and affluent people who can work from home and the less fortunate — people in lower-income households without college educations or high skills who depend solely on wages rather than stock or home equity gains — who now stand to be left further behind. And it’s forced many working mothers to quit their jobs for lack of child care.

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