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No pathway to reach the Paris Agreement’s 1.5˚C goal without the G20: UN chief
The UN chief reminded that science indicates that to meet that ‘ambitious, yet achievable goal’, the world must achieve carbon neutrality before 2050 and cut dangerous greenhouse gas emissions by 45 % by 2030 from 2010 levels. “But we are way off track”, he warned.
Harmonize guidance on radioactivity in food and drinking water reach milestone
The establishment of the new framework will also help in case there is radiological contamination of food and drinking water due to an accident.
“In the event of a nuclear or radiological accident anywhere in the world, the technical expertise to measure radionuclides in food will be essential for public reassurance and, in certain situations, the basis for imposing restrictions,” Colgan said.
Law without order: investors grapple with China’s regulatory risk
The Chinese Communist Party’s uneasy relationship with private business has always weighed on the minds of Western investors who seek legal and regulatory certainty to place their bets.
Yet Beijing’s recent moves are unsettling even seasoned investors who are otherwise used to navigating corporate China’s murky auditing and poor governance in order to chase growth in the world’s second-largest economy.
Checking Delta-Unvaccinated most at risk
“The biggest risk to the world at the moment is simply Delta,” said microbiologist Sharon Peacock, who runs Britain’s efforts to sequence the genomes of coronavirus variants, calling it the “fittest and fastest variant yet.”
Viruses constantly evolve through mutation, with new variants arising. Sometimes these are more dangerous than the original.
Scientists update forecasts on extreme weather and climate change
“It’s not so much that climate change itself is proceeding faster than expected — the warming is right in line with model predictions from decades ago,” said climate scientist Michael Mann of Pennsylvania State University. “Rather, it’s the fact that some of the impacts are greater than scientists predicted.”
That suggests that climate modeling may have been underestimating the “the potential for the dramatic rise in persistent weather extremes,” Mann said.
Virus variant and disasters strike strain global supply chains
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The Delta variant of the coronavirus has devastated parts of Asia and prompted many nations to cut off land access for sailors. That’s left captains unable to rotate weary crews and about 100,000 seafarers stranded at sea beyond their stints in a flashback to 2020 and the height of lockdowns.
Global insurance recovery will be faster, stronger than in 2008: Swiss Re
Writing new policies was more difficult in 2009 and 2010 when insurers were reeling from capital losses, slow economic growth and depleted incomes of companies and individuals.
In contrast, businesses and individuals now have more money from government stimulus and support programs, and are more conscious of the need to buy protection against risks, he added.
Companies struggling to manage reporting on climate risks, says report
”Companies based in India presented 28 per cent on quality disclosure and 49 per cent coverage. Only 3 per cent of global companies reviewed meet the highest levels of quality and the average quality score is 42 per cent,” EY said in a release on Sunday.
Among others, the number of Indian companies responding to disclosure platforms such as carbon disclosure project is on the rise. In the coming year, greater Task Force on Climate-related Financial Disclosures reporting is expected, driven by pressure from financiers, investors and customers, it added.
India plans more power islands to counter cyber, terrorist threats
The plan follows a major power outage in India’s financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack. The year before, the country’s nuclear power monopoly reported computer systems at one of its generation plants had been attacked by malware. Power grids the world over are increasingly digitalized, leaving them vulnerable to such attacks.
Islanding systems feature generation capacity and can isolate automatically from the main grid in the event of an outage. For the new systems, provinces need to submit proposals for setting up generation and storage capacities, power minister Raj Kumar Singh Singh said
Chemicals found in consumer products could increase breast cancer risk: Study
For instance, in 2002, when the Women’s Health Initiative study found combination hormone replacement therapy to be associated with an increased risk of breast cancer, women stopped taking the drugs and incidence rates went down.