In Boracay, a popular resort island in the Philippines, there is a hidden room located a few hundred meters away from its stunning white-sand beaches. This seemingly ordinary room houses a remarkable technology that is contributing to the island’s sustainable tourism efforts by transforming waste into a valuable resource. The technology installed in this unassuming […]
Insurance experts predict that China could experience strong growth in catastrophe bonds, also known as cat bonds, as policymakers look for more financial tools to mitigate the risks of natural disasters. The increasing frequency and severity of floods and typhoons due to climate change have prompted the need for such instruments. Cat bonds could help […]
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Flavorful, Sustainable Seafood Served with a Side of Consumer Education The Aquaculture Stewardship Council’s (ASC) recent consumer marketing campaign has achieved unprecedented success in 2023, reaching record numbers of people. The campaign aims to educate consumers about the importance of sustainable seafood and the role they play in supporting responsible aquaculture practices. With the growing […]
China’s Catastrophe Bond Market Expected to Grow Amid Climate Change Risks Insurance experts predict that China could experience significant growth in the catastrophe bond market as policymakers seek more financial tools to manage the risks associated with natural disasters. With the increasing frequency and severity of floods and typhoons due to climate change, there is […]
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Leading scientists are calling for a significant overhaul of global governance to address the environmental impact of rapid urban expansion. These experts, from the Universities of Bristol, Oxford, and Yale, propose the establishment of a new global advisory system, similar to the Intergovernmental Panel on Climate Change (IPCC), to guide sustainable urban development and protect […]
Executive incentive metrics and ESG (Environmental, Social, and Governance) metrics are more prevalent in Australia, Japan, and Singapore compared to other Asia-Pacific markets, according to a report. The study found that 93% of companies in Singapore incorporate ESG metrics, followed by Australia at 86% and Japan at 72%. On the other hand, Hong Kong and […]
The United States has decided to temporarily halt the construction of natural gas export terminals in order to carefully assess their impact on climate change. This decision comes as authorities recognize the need to consider the environmental consequences of expanding the country’s natural gas exports. The construction of these terminals, which are crucial for exporting […]
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