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Climate pledges for 2030 put world far off 1.5C goal, UN warns

by AIP Online Bureau | Feb 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News

BARCELONA: Updated plans to reduce emissions, submitted so far by about 75 nations ahead of November's COP26 summit, barely make a dent in the huge cuts needed to meet global climate goals, the U.N. climate chief said on Friday, calling for redoubled efforts. A...

Huge potential of pvt investment in 400 maritime projects worth Rs 2.24 lakh cr: Govt

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: The government is eying huge private investment in 400 projects worth Rs 2.24 lakh crore during the Maritime India Summit 2021, a top official said on Friday. Prime Minister Narendra Modi is scheduled to inaugurate Maritime India Summit 2021 (MIS...

Indian Insurance industry has recovered, pays Rs 9,000 crore Covid-19 pandemic claims :IRDAI Chief

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic, Reinsurance, Technology

  Pune: The Indian insurance industry has recovered from the negative growth caused by the caronavirus disruptions, and has already settled Covid-19 pandemic related claims worth of Rs 9000 crore, said Subhash Chandra Khuntia, Chairman, IRDAI. The domestic...

Boeing to pay $6.6 million to FAA over safety lapses

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

  Boeing Co. agreed Thursday to pay $6.6 million in penalties to the Federal Aviation Administration (FAA) after U.S. regulators said it failed to comply with a 2015 safety agreement and cited other safety concerns. The penalties include $5.4 million for not...

Europe seeks stronger protection for economy from Climate Risks

by AIP Online Bureau | Feb 26, 2021 | Uncategorized

  The European Union is bolstering its 14-trillion-euro ($17 trillion) economy against damage caused by the impacts of climate change, from droughts to floods and forest loss. Under an updated climate adaptation strategy unveiled Wednesday, the European...

Risk of human spread of H5N8 bird flu deemed low – WHO

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Facts, Health

The risk of human-to-human spread of the H5N8 strain of bird flu appears low after it was identified for the first time worldwide in farm workers in Russia, the World Health Organization (WHO) said on Friday. A separate influenza strain, H1N1, that emerged from pigs...

India’s economy exits from recession, recovery seen gathering pace ​​​​​​​

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  NEW DELHI: India’s economy returned to growth in the three months to December and the recovery is expected to gather pace as consumers and investors shake off the effects of the coronavirus pandemic, economists said.Fiscal and monetary policy could boost...

Indians allowed to choose vaccination sites as government seeks faster roll-out

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  NEW DELHI: India said on Friday it will let people choose their coronavirus vaccination centres when the campaign expands next week, effectively letting beneficiaries pick either a home-grown shot or the AstraZeneca one, unlike now. The country will halt...

Global insurers unite to tackle climate risk with launch of Geneva Association Task Force

by AIP Online Bureau | Feb 26, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  ZURICH: The Geneva Association's new report, Climate Risk Assessment for the Insurance Industry, finds that, for both P&C and life re/insurers, climate change poses different levels of physical and transition risks to both sides of the balance sheet,...

Govt plans two-day halt in vaccinations for software upgrade to widen campaign

by AIP Online Bureau | Feb 26, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Risk Management, Technology

  NEW DELHI: India will halt coronavirus vaccinations this weekend to upgrade software used to coordinate its campaign, the health ministry said on Friday, preparing to expand the programme after infections surged in some states.With the world’s highest...
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