Jad Ariss, Managing Director of the Geneva Association, said: “The...
Category:
Eco/Invest/Demography
Latest
Trump signs executive order directing US withdrawal from the Paris climate agreement — again
US President Donald Trump Trump also signed a letter to the United...
Billionaire wealth across the globe surged by $ 2 trillion in 2024 to $ 15 trillion
Wealth of billionaires in Asia increased by $ 299 billion in 2024,...
Kerala sees decline in COVID-19 cases, still contributes 52 pc of total active COVID-19 cases: Centre
The Health Secretary said that 18 districts in India are reporting a weekly positivity between 5 per cent to 10 per cent. Meanwhile, India reported 23,529 new COVID-19 cases in the last 24 hours, informed the Ministry of Health and Family Welfare today.
Coal power plant pollution in India could lead to additional premature deaths in 6 cities: Study
Dr Rachel Huxley, Head of Knowledge and Research at ‘C40 Cities’ said, “Current national plans would expand the coal fleet by 28 per cent between 2020 and 2030 and not reducing it by 20 per cent, threatening the health and well-being of the urban residents in Delhi while undermining India’s climate and air quality targets.” She further stated, “Current national plans could nearly double the number of annual premature deaths from coal power plants air pollution in the city.”
Unemployment, Covid-19 top most worries for urban Indians: Survey
Elaborating on the findings, Amit Adarkar, CEO, Ipsos India said, “We see uptick in worry levels for unemployment by 2 per cent, while worry levels for Covid-19 has seen a slight dip of 5 per cent — but now both are placed neck to neck — Covid impacted the job market considerably due to the shutdown and restrictions — now with the cautious reopening, worry levels around jobs have not abated — demand far outstrips supply — and those who have lost their jobs, many are still struggling to gain a foothold. Covid-19 too is far from over. It is a case of cause and effect.”
AIIB increases Green Public Rail Transport options in India,$356.67 million approved to expand Chennai metro system
The project’s design and construction will have environmentally friendly features to help reduce its carbon footprint. In addition to solar panels installed on the roofs of the elevated stations, the project will have dedicated spaces for bicycles and green vehicles, and signage to raise environmental awareness. The project also integrates climate change resilience features to reduce its vulnerability to climate-related events.
Evergrande’s debt problems pose systemic risk in China and beyond
The central bank in 2018 said companies including Evergrande might pose systemic risk to China’s financial system.
The firm’s liabilities involved as many as 128 banks and over 121 non-banking institutions, the leaked letter showed.
Late repayments could trigger cross-defaults as many financial institutions are exposed via direct loans and indirect holdings through different financial instruments.
Oil will be world’s No. 1 energy source for decades, says OPEC
OPEC says that more electric vehicles on the road and the push for alternative and renewable energy will indeed usher in an era of declining demand for oil in rich countries.
But the energy needs of expanding economies in other parts of world will still leave oil as the world’s No. 1 source of energy through 2045, OPEC said Tuesday in its annual World Oil Outlook.
Can Bhutan’s digital cash lift its gross national happiness
Royal Monetary Authority of Bhutan has announced a pilot with San Francisco-based Ripple for a national currency running on distributed electronic account-keeping.
The open-source XRP ledger claims to be carbon neutral and 120,000 times more efficient than proof-of-work blockchains. Unlike El Salvador, which has chosen to use the volatile and energy-guzzling Bitcoin as money alongside US dollars, Bhutan wants to retain the ngultrum, the national currency. The bet is that a paperless version of the central bank’s liabilities would be a more attractive alternative to bank deposits for a sparse population scattered across a rugged, mountainous terrain.
Climate change and cyber risk top the list of concerns in AXA Future Risks Report 2021
“Climate change returned to the top of the experts’ risk ranking in the 2021 survey, having been displaced by pandemic risk in 2020.The survey revealed regional differences: climate concern is higher in Europe than anywhere else, among both experts and the general public. Meanwhile, experts in Africa and the Americas were most pessimistic about their national governments’ preparedness to tackle this risk,” said AXA.
Coal expansion could cause over 5,200 premature deaths, 8,300 preterm births in Delhi this decade
Twelve percent of India’s coal-based electricity is generated within 500 km of the national capital.
The research suggests that around 55 lakh sick days could be caused by air pollution exposure from coal power plants in Delhi if the current proposed expansion of coal capacity takes place. The economic health costs associated with coal pollution in Delhi is estimated at USD 8.4 billion over the coming decade.
New approach needed to make digital data flow beneficial for all
“The current fragmented data landscape… may create more space for substantial harms related to privacy breaches, cyberattacks and other risks” UN Secretary-General António Guterres said.