Malawi had a drought insurance policy through the bank and the...
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Divers retrieve bodies from Mike Lynch Yacht sunk off Sicily
Six people were likely trapped inside the Bayesian when it was hit...
India to spend $300 million to mitigate floods, conserve water in big cities
S. Vatsa, one of the three members of the National Disaster...
Low pressure area moves to Gulf of Kutch, may intensify into cyclonic storm in Arabian Sea: IMD
Heavy rainfall is expected for the next two days in the coastal districts of Jamnagar, Porbandar, Dwarka and Kutch, it said, and asked fishermen not to venture into the sea.
“It is then very likely to move further west-northwestwards and intensify into a cyclonic storm during the subsequent 24 hours. Thereafter, it is likely to continue to move west-northwestwards towards Pakistan-Makran coasts, moving away from the Indian coast,” the IMD said.
Govt ready with the blueprint to manage disasters in India: Amit Shah
Now, the government has also prepared a plan to integrate all the agencies and departments, even the smallest of the units. Whether it is a small village or a big metro city or a remote district, or a coastal city, every place has a plan ready to respond to the disaster.
The change in approach has yielded very good results, the 1999 cyclone alone killed 10,000 people and this year there have been three cyclones but the death toll is not more than 50.
Cyclone damages Indian crops just before harvesting
“Within a week the cotton production outlook changed. We were expecting higher yields, but now yields will go down and even the quality of harvested crop would be inferior at the beginning,” Chirag Patel, chief executive at Jaydeep Cotton Fibers Pvt Ltd, a leading exporter. said.
Farmers have expanded areas under soybean, but rainfall is limiting the rise in production, said Davish Jain, chairman of the Soybean Processors Association of India.
Researchers find double benefit of climate protection through both limiting, delaying global warming
In the study, the scientists analysed the joint impacts of demographic development and climate change on people exposed to tropical cyclones — and found that timing of when certain warming levels are reached becomes crucial. The results are even more obvious on the country level, explained Johannes Gutschow.
“Our model shows, with unprecedented detail, that in 2050 all countries at high risk of tropical cyclones are projected to see a rise in exposure. Due to the projected population growth, we found exposure changes of nearly 300 per cent in some East African countries, up to 100 per cent in the US and also a strong increase for the Arabian Peninsula.”
China encourages mainland insurers to sell catastrophe bonds in Hong Kong
Mainland property and casualty insurance companies and reinsurance companies can set up special-purpose entities in Hong Kong to raise funds from bond sales, according to a statement of the China Banking and Insurance Regulatory Commission (CBIRC).
The arrangement can help diversify insurers’ losses from natural disasters such as earthquakes, floods and typhoons, it said.
UN development arm launches disaster insurance programme
The facility will also have funding from other sources, including the UNDP itself, a spokesperson said. The UNDP is aiming to help create insurance protection from socio-economic, climate and health-related disasters in more than 50 developing countries by 2025, it said.
“Insurance and risk-finance products, tools and services can secure our critical infrastructure, protect our agriculture and businesses, and preserve critical ecosystems that make life on earth possible,” said UNDP Administrator Achim Steiner.
Gulab impact: Heavy crop damages reported in Andhra Pradesh
“An ex gratia of Rs 5 lakhs to the families of the deceased and Rs 1,000 should be given to each family while returning home from relief camps,” said Andhra Pradesh Chief Minister YS Jagan Mohan Reddy.
Agricultural and horticultural crops in over 1.63 lakh acres suffered damaged due to the heavy downpour in Srikakulam, Vizianagaram, Visakhapatnam, East Godavari, West Godavari and Krishna districts, Agriculture Minister K Kanna Babu said while citing preliminary estimates.
Over 90 pc Indian business leaders feel pandemic pressed need to improve crisis mgmt capability: Study
Puneet Garkhel, Partner and Leader, Forensics Services, PwC India, said that operations and supply chain, finance and liquidity, and workforce are the three areas in which Indian businesses experienced ”significant” or ”critical” impact owing to the pandemic. ”Indian businesses that have survived and even thrived, through this period have several significant foundational strengths in common with the most critical being a dedicated crisis response team with a fit-for-purpose response strategy, aligned to their organisation’s goals and purpose,” said Garkhel.
ADB approves $251m for urban flood management in India
“This project will improve climate and disaster resilience of affected communities, ultimately protecting their lives, economy, and the environment.”
World Bank and Sri Lanka sign agreement to strengthen Climate Resilience
Sri Lanka is among countries most affected by extreme weather events and is expected to see a 1.2 percent annual GDP loss by 2050 due to climate change. It is estimated that close to 19 million Sri Lankans may live in areas that could become moderate or severe hotspots in terms of floods or droughts by 2050.