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COP26: As Glasgow Summit reaches finale, both challenges and opportunities intensify

November 12, 2021 by www.moneycontrol.com

(Image: Reuters) As the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow comes to an end, battlelines have sharpened and nations remain locked in their positions as the world waits for a definitive action plan to counter global warming. Despite a series of multilateral agreements – from reducing investments in coal and eliminating deforestation to cutting methane emissions – an overall consensus on reducing carbon emissions and ensuring climate finance have hit a dead end, officials at the summit told Moneycontrol. As the last working day of the conference started, COP26 president Alok Sharma said a final text is coming soon. The Indian-origin British minister in overall charge of the talks has stressed many times over the past few days that in-principle acceptance of issues such as carbon emission reduction and climate finance have never been as widespread as now. The final agreement is expected to be released at the end of the working day on … [Read more...] about COP26: As Glasgow Summit reaches finale, both challenges and opportunities intensify

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The Biggest Industry In Every State Of 2022

May 19, 2022 by www.forbes.com

Share to Twitter Share to Linkedin In a recent Forbes article , we examined U.S. GDP by state and which states have seen the fastest growth in GDP. Here, we’re focusing on what are the biggest industries in each U.S. in terms of their real GDP as of fourth quarter 2021, the latest data available from the Bureau of Economic Analysis (BEA) . Real GDP is a more accurate measure of economic output because nominal GDP doesn’t take into effect inflation, and thus makes it appear as though GDP is on a near constant march upward year after year, when in reality the value of economic output may have not increased. Real GDP figures here are in chained 2012 dollars. Read on to find out the biggest industry by GDP in all 50 states plus the District of Columbia. Alabama Biggest industry in Alabama : Manufacturing Nominal GDP : $42.06 billion Real GDP : $38.23 billion Manufacturing is the largest industry by GDP in Alabama, as of fourth quarter … [Read more...] about The Biggest Industry In Every State Of 2022

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COP26 | Promised climate finance did not materialise: Sources

November 16, 2021 by www.moneycontrol.com

Climate activists attend a protest organized by the COP26 Coalition in London, Saturday, Nov. 6, 2021. The protest was taking place as leaders and activists from around the world were gathering in Scotland's biggest city for the U.N. climate summit, to lay out their vision for addressing the common challenge of global warming. (Andrew Milligan/PA via AP) In the aftermath of the COP26 summit in Glasgow, the developed world has been vociferous in blaming India and a handful of other developing nations for New Delhi’s strong stance against completely phasing out the use of coal in the final agreement. However, sources told Moneycontrol that India had agreed in principle to the draft agreement under assurance that climate finance would be provided even till the draft agreement stage. When this did not materialise, there was no other option to maintain India’s strategic and economic interests, they added. One of the landmark features of the draft agreement at Glasgow had been a … [Read more...] about COP26 | Promised climate finance did not materialise: Sources

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Why Israel Drew 28 Times More Venture Capital Per Capita Than the U.S.

March 29, 2022 by www.inc.com

Despite the flourishing of work from anywhere during the pandemic , it still matters where a startup is located. That's because, as I wrote in Startup Cities , regions of the world differ in the vitality of their local Startup Commons -- a collection of regional resources that at best provide an irresistible attraction for capital and talent or at worst repel both. This comes to mind in considering the flow of venture capital around the world in 2021. A striking conclusion is that on a per capita basis, capital flows into Israel were a whopping 28 times more than those in the U.S. To be sure, 2021 venture capital flow into the U.S. was way larger than into Israel -- up at 154 percent in 2021 to $330 billion versus 136 percent higher to $25.4 billion, according to NoCamels But Israel's population of about nine million is a fraction of the U.S.'s 330 million people. Hence, Israel's $28,000 in venture capital invested per capita in 2021 is far above the … [Read more...] about Why Israel Drew 28 Times More Venture Capital Per Capita Than the U.S.

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5 mistakes companies make when they rush to hire

May 18, 2022 by www.fastcompany.com

As hiring managers fight to recruit talent, speed can play a factor. You want to secure a candidate before someone else does. Unfortunately, a rush to hire leaves the door open for missteps. If a bad fit is onboarded, it can damage your workplace culture. advertisement advertisement Research from the talent lifecycle management platform Beamery found that 83% of businesses have compromised when it comes to recruitment, due to the current levels of competition for talent in the market. While the competitive market can make hiring more difficult, it’s best to slow down your process, even if you risk losing out on great candidates. Avoid these five mistakes to improve your hiring process and your chances of finding the right talent: 1. Waiting Until You Have a Job Opening One of the big mistakes is reactive hiring, says Jay McDonald, author of Strategic Jaywalking: The Secret Sauce to Life and Leadership Excellence . “To have a world-class team, … [Read more...] about 5 mistakes companies make when they rush to hire

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A neuroscientist on the shifts in our media use and the effect on our brains

May 18, 2022 by www.fastcompany.com

Scanning the news online, a headline catches my attention: “Man, Distracted by Electronic Device, Identified after Falling to Death at Sunset Cliffs.” advertisement advertisement The authorities identified the victim as a 33-year-old Indiana man who was visiting friends in San Diego. Witnesses said he was not watching he was going and was obviously “looking down at the device in his hands.” To be sure, this is an extreme example. But they illustrate how serious the consequences of tech behavior can be. Many of our new media, communications, and information technology habits are resulting not only in more accidents from distractions but also reduced productivity, disrupted relationships, increasing mental and physical health problems, and public safety issues that we need to take seriously and address as a society. In fact, many of the consequences of our new behaviors are so severe that experts are starting to describe them with the language of … [Read more...] about A neuroscientist on the shifts in our media use and the effect on our brains

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Our Brains Don’t Slow Down Until Our 60s, New Study of More Than 1 Million People Shows

February 25, 2022 by www.inc.com

Some people believe that entrepreneurship is mostly a young person's game . But there are both stories and science to suggest that's nonsense . Not only do plenty of examples exist of people starting super successful companies well into their 40s and 50s , but research also shows that while our approach to creativity might shift as we get older, we don't get less innovative overall. What about the argument that people simply aren't as sharp mentally once they reach middle age? Is it true our minds slow down as the years pass? A massive new study looking at data on more than a million people offers good news to those that worry their brains might not be up to the same challenges after they start sprouting their first gray hairs. Your brain stays sharp longer than you think. Most of us have observed in our own lives that the pace of our thinking isn't quite the same when we're 40 as when we're 20. Decisions that would have once been made in a moment now require … [Read more...] about Our Brains Don’t Slow Down Until Our 60s, New Study of More Than 1 Million People Shows

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‘Fossil fuels are a dead end’: UN Secretary-General outlines how to avoid climate disaster

May 18, 2022 by www.fastcompany.com

The newest State of the Global Climate report is bleak: Last year, the world set new records for greenhouse gas concentrations, sea level rise, ocean heat, and ocean acidification. The last seven years have been the warmest seven years on record in human history. The report, released today by the World Meteorological Organization, “is a dismal litany of humanity’s failure to tackle climate disruption,” UN Secretary-General António Guterres said in a video message at the launch event. advertisement advertisement But Guterres also laid out a clear path to action, starting with the fact that the fossil fuel era needs to end. “The global energy system is broken and bringing us ever closer to climate catastrophe,” he said. “Fossil fuels are a dead end—environmentally and economically. The war in Ukraine and its immediate effects on energy prices is yet another wake-up call. The only sustainable future is a renewable one.” To have a chance of limiting … [Read more...] about ‘Fossil fuels are a dead end’: UN Secretary-General outlines how to avoid climate disaster

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TNB, Bintulu Port, TPC Plus, PetGas, Magnum, Tomei, Hup Seng, Dayang Enterprise, Kobay, Southern Acids, GIIB and Green Packet

May 20, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (May 19): Here is a brief look at some corporate announcements and news flow on Thursday (May 19) involving Tenaga Nasional Bhd, Bintulu Port Holdings Bhd, TPC Plus Bhd, Petronas Gas Bhd, Magnum Bhd, Tomei Consolidated Bhd, Hup Seng Industries Bhd, Dayang Enterprise Holdings Bhd, Kobay Technology Bhd, Southern Acids (M) Bhd, GIIB Holdings Bhd and Green Packet Bhd. Tenaga Nasional Bhd 's (TNB) unit Vantage RE Ltd enhanced TNB’s renewable energy portfolio and net-zero goals with the acquisition of a 49% stake in the UK's Blyth Offshore Demonstrator Ltd — an offshore wind farm company, from EDF Renewables and unit of French utility company Électricité de France (EDF) — on Oct 18, 2021, marking TNB’s maiden entry into the international offshore wind market. Bintulu Port Holdings Bhd has awarded an RM14.24 million contract extension to Sibu-based Sing Kiong Hong Dockyard Sdn Bhd to hire two units of 25-tonne ship handling tugs complete with crew … [Read more...] about TNB, Bintulu Port, TPC Plus, PetGas, Magnum, Tomei, Hup Seng, Dayang Enterprise, Kobay, Southern Acids, GIIB and Green Packet

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Draft COP26 deal sees no final amount or deadline for beginning climate finance yet

November 11, 2021 by www.moneycontrol.com

Representational image of extreme weather events due to climate change. (Image: AP) While it recognises the need for urgent climate finance by developed economies, the draft agreement hammered out at COP26 after nine days of intense negotiations does not put a final target on the total amount of finance or the minimum level of funds to be raised. “The draft agreement has mentioned the need for significantly scaling up the $100-billion climate finance target manifold, and has suggested that this may reach more than $1 trillion. However, there is scant movement beyond this,” a senior official present at the summit said. Climate finance refers to local, national or transnational financing—drawn from public, private and alternative sources of financing—that seeks to support mitigation and adaptation actions that will address climate change. Even before COP26 began in Glasgow, the Organisation for Economic Cooperation and Development had said developed countries would likely … [Read more...] about Draft COP26 deal sees no final amount or deadline for beginning climate finance yet

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