by AIP Online Bureau | Oct 7, 2024 | Workplace/Employee Benefits
Scientists predict the Amazon region may not fully recover moisture levels until 2026 The river port in the Amazon rainforest’s largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and...
by AIP Online Bureau | Sep 23, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Climatologists have warned for decades that events like this year’s would come to pass. Droughts in the last two decades have become much more severe and much more common. The last year — the hottest on record globally — brought Brazil’s extremes to a new level Much...
by AIP Online Bureau | Jul 18, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Risk Management
“We would love to do something in the drought space, that is something we are working on,” said George Richardson, director of the capital markets and investment department at the World Bank Treasury told Reuters, adding this would be most likely focussed on Africa...
by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The money from African Risk Capacity is expected to benefit 509,000 households. The government directly received a payment of $16.8 million Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the...
by AIP Online Bureau | Apr 19, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
