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Need to step up efforts to tackle climate change impact on agriculture, entire ecosystem: PM

Modi said, “Not only agriculture, climate change is a big challenge to the entire ecosystem. …Due to climate change, new types of pests, new diseases, epidemics are coming. Due to this, there is a big threat to the health of humans and livestock and crops are also being affected.?

Climate change impact is on fish production and animal health and output. As a result, farmers and fishermen have to bear the losses, he said

National Consumer Court asks NIA to pay Rs 1 lakh health claim linked to alcohol consumption

 Clearly, nothing is mentioned in the policy relating to exclusion that treatment expenditure of any disease caused by use of alcohol or arising out of the use of alcohol will  not be admissible, said the National Consumer Court..
New India Assurance had rejected the claims saying that disease of of the patient (claimant) was due to the alcohol consumption that IS not covered in the company’s policy.

Data privacy should not be compromised in using fintech: FM

”Data privacy is one of the things which is very important and it is an issue on which there can be a lot of contentious views. However, basic respect for privacy…as the guiding principle is well appreciated.Safeguard of client data, is something which I think is the backbone to bringing trust. Unless my data is safeguarded well I wouldn’t want to get into a scheme of things. So that is the guiding principle,” Sitharaman said at the ‘Global FinTech Fest 2021’.

Biden’s $3.5 trillion climate change plan to eliminate fossil fuel emissions from U.S

Included in the massive legislation is a nationwide clean-electricity program that is intended to eliminate climate-damaging fossil fuel emissions from U.S. power plants by 2035 catching up to requirements already set in some states.

The proposal would spend billions to install 500,000 electric vehicle charging stations and upgrade the power grid to make it more resilient during hurricanes and other extreme weather events that are increasing and intensifying as a result of climate change.

Investors with $4 trln assets aim to tackle Asian firms on climate change goals

The six investors include BMO Global Asset Management EMEA, Fidelity International, Dutch pension fund PGGM, Britain-based Local Authority Pension Fund Forum, Aviva Investors and Legal & General Investment Management.

Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement.

The move comes as investors become more active in the field of environmental, social and corporate (ESG) governance, helping to shape firms’ climate commitments to better manage that risk for their clients. ESG-related steps they have taken include backing activist shareholder resolutions and voting on board members and remuneration.

McKinsey Report: Asia-Pacific digital banking accelerating, led by emerging markets

McKinsey concluded that, “To deliver on this report’s calls to action, banks need to make fundamental changes in how they operate. They also need to build the capabilities required for an AI-powered digital-first business model, including a new sales and service model, modern operations and technology, and an agile operating model. Any bank that intends to remain relevant and thrive must become an innovation leader.” 

PM Modi launches National Digital Mission to ensure health IDs for all

The key components of the Ayushman Bharat Digital Mission include a health ID for every citizen that will also work as their health account, to which personal health records can be linked and viewed with the help of a mobile application, a Healthcare Professionals Registry (HPR) and Healthcare Facilities Registries (HFR) that will act as a repository of all healthcare providers across both modern and traditional systems of medicine.

This will ensure ease of doing business for doctors and hospitals and healthcare service providers.

Covid caused biggest decrease in life expectancy since World War II: Study

The research team assembled an unprecedented dataset on mortality from 29 countries, spanning most of Europe, the US and Chile — countries for which official death registrations for 2020 had been published.
It took on average 5.6 years for these countries to achieve a one-year increase in life expectancy recently, while the progress was wiped out over the course of 2020 by Covid-19, they said.

The largest declines in life expectancy were observed among males in the US, who saw a decline of 2.2 years relative to 2019 levels, followed by Lithuanian males (1.7 years), they said.