Category:

Disaster & Management

Covid 19 Pandemic:Deaths top half a million,one person dying in every 18 seconds in June

While the overall rate of death has flattened in recent weeks, health experts have expressed concerns about record numbers of new cases in countries like the United States, India and Brazil, as well as new outbreaks in parts of Asia.
About one-quarter of all the deaths so far have been in the United States, the Reuters data shows. The recent surge in cases have been most pronounced in a handful of Southern and Western states that reopened earlier and more aggressively.

The number of cases in Latin America on Sunday surpassed those diagnosed in Europe, making the region the second most affected by the pandemic, after North America.

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Covid-19 Pandemic: $30 bn needed to develop tests, treatments, vaccines,says WHO

Renewing its call on Friday for global collaboration against the pandemic, it said $3.4 billion had been contributed for the coalition to date, leaving a funding gap of $27.9 billion. Of that, $13.7 billion was “urgently needed”.

The WHO is working with a large coalition of drug-development, funding and distribution organisations under what it calls the ACT-Accelerator Hub.

The initiative is intended to develop and deliver 500 million Covid-19 tests and 245 million courses of new treatment for the disease to low- and middle-income countries by mid-2021, it said in a statement.

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Global investors including insurers urge Brazil to stop deforestation

The 25 European signatories include Norway’s Nordea Asset Management and the Church of England, which has a 2.8 billion pound ($3.5 billion) pension fund. The UK’s Legal & General Investment Management (LGIM) is among the largest investors with 1.2 trillion pounds under management.
The letter does not spell out consequences if Brazil’s government does not take action, but seven European financial firms told Reuters last week they could divest from Brazil-linked holdings if environmental destruction continues. Many of those firms also signed the letter to embassies.

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UN chief criticises lack of global cooperation on COVID-19

Secretary-General Antonio Guterres said it’s important to use that fact to make countries understand that bringing them together, putting together their capacities, not only in fighting the pandemic in a coordinated way but in working together to have the treatments, testing mechanisms, the vaccines accessible to everybody, that this is the way we defeat the pandemic.

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CCRIF pays Guatemala $3.6 mn under its excess rainfall parametric insurance policy

CCRIF currently has 22 member governments of which three are from Central America – Nicaragua, Panama, and Guatemala. Since its inception in 2007, CCRIF has made a total of 43 payouts for 21 events (earthquakes, tropical cyclones, and excess rainfall events) to 14 member governments totalling US$155.8 million. CCRIF’s payouts are made within 14 days of an event, allowing governments to begin to address their most pressing needs and close the liquidity gap.

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