Why margin is reduced

When people talk about ways to slow climate change, they often mention trees , and for good reason. Forests take up a large amount of the planet-warming carbon dioxide that people put into the atmosphere when they burn fossil fuels. But will trees keep up that pace as global temperatures rise? With companies increasingly investing in forests as offsets , saying it cancels out their continuing greenhouse gas emissions, that’s a multibillion-dollar question. advertisement advertisement The results of two studies published in the journals Science and Ecology Letters on May 12, 2022— one focused on growth , the other on death —raise new questions about how much the world can rely on forests to store increasing amounts of carbon in a warming future. Ecologist William Anderegg , who was involved in both studies, explains why. What does the new research tell us about trees and their ability to store carbon? The future of forests is on a … [Read more...] about In an increasingly warming world, we can’t rely on trees as a climate change cure-all

Artwork by Daniella Marie Agacer MANILA, Philippines—When COVID-19 hit, death moved a step closer to immunocompromised people who were suffering from kidney or end stage kidney disease (ESKD) because the pandemic either blocked or disrupted access to the one treatment they needed most—dialysis. Dr. Carlo Trinidad, a nephrologist (specialist in kidney diseases), said that while data were lacking, there’s a consensus that there were kidney disease patients whose deaths were because of complications from “missed” dialysis treatments. He explained in Kidney International Reports’ “Perpetual Lockdown: The State of COVID-19 and Kidney Disease in the Philippines” that the complications often lead to hospitalization or death. Trinidad said some kidney disease patients were unable to continue dialysis because of lack of dialysis centers dedicated to kidney disease sufferers who also had COVID. Two other aggravating circumstances were loss of income as a result of COVID infection and … [Read more...] about COVID narrows door to dialysis, options for kidney disease patients

Share to Twitter Share to Linkedin The Middle East’s aviation sector appears to be finally putting the Covid-19 crisis behind it, with carriers around the region reporting healthy profits and surging passenger numbers for the opening months of this year. A recent spate of positive news was led by FlyDubai, which said on May 8 that passenger numbers in the first quarter of 2022 had more than doubled year-on-year. The carrier said it had carried 2.35 million passengers from January to March this year, an increase of 114% compared to the same period in 2021. The airline did not give any indications of its financial performance, but it had already moved into positive territory last year, with a $229 million profit recorded in 2021 after a loss of $194 million the year before. Others have also been reporting good numbers this year. A day after FlyDubai’s update, Turkish Airlines said it had made a net profit of $161 million in the first quarter, on … [Read more...] about Middle East Airlines Take Off Again, As Profits And Passenger Numbers Soar

Share to Twitter Share to Linkedin Dispatches from Ukraine, provided by Forbes Ukraine’s editorial team. As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Forbes Ukraine’s reporters gather information and provide updates on the situation. Friday, May 13. Day 79. By Daryna Antoniuk National Ukraine is entering a "long" phase of war, according to Ukraine’s defense minister Oleksiy Reznikov. Nobody can predict when a breakthrough will happen, he said. "In order to win it now, we must carefully plan resources, avoid mistakes and project our strength," Reznikov said. Ukrainian President Volodymyr Zelensky said he is ready to talk to Russian President Vladimir Putin, but without intermediaries . According to Zelensky, there is a possibility that Ukraine would make concessions for the sake of securing a peace agreement but added that it would not compromise over the … [Read more...] about Friday, May 13. Russia’s War On Ukraine: News And Information From Ukraine

Share to Twitter Share to Linkedin How can venture capital finance be disrupted and better harnessed to finance the transition to net-zero? Danijel Visevic, Co-founder of the recently launched World Fund – Europe’s biggest climatetech venture capital fund – set out to find answers. Together with Co-founders Tim Schumacher – who was awarded Best Male investor in 2020, Daria Saharova – who was awarded Best Female Investor in 2020 by the German Startup Award Association, and Craig Douglas – a 15-year climatetech and investing veteran, he set up the World Fund . “We did a pre-closing, that's something very unique. Usually, as a venture capital fund, you have a first closing, then you invest, and you have a final closing a year later. “But we knew if we want to raise 350 million Euros as a first-time fund, we need a portfolio, otherwise, those institutional investors who can invest 10-20-30 million won't invest. So we needed a portfolio and we … [Read more...] about Europe’s Largest Climatetech VC Fund Offers Investment Insights

Share to Twitter Share to Linkedin It was a great pleasure and honor to have been asked by the Foundation for Climate Restoration to moderate an expert panel on Direct Air Capture (DAC) at the end of April as part of the Foundation’s Solution Series . The panelists – Merritt Dailey, Celina Scott-Buechler, and Chris Neidl – were terrific and I not only learned a lot from them, I also received a much-needed dose of climate inspiration. Among the big take-aways for me is how quickly the DAC industry has grown over the past few years. When I started learning about DAC, there were really only three (really two and a half) firms in this market. Now, just three years later, according to Chris Neidl, there are over 50 DAC firms, all with different technological approaches to solving the problem of capturing diffuse CO2, refining it, and either sequestering or incorporating it into other products or processes. This panel served as a prompt for me to re-engage … [Read more...] about The Three “E”s Of Direct Air Capture: Essential, Evolving, And Everlasting

Share to Twitter Share to Linkedin Developing sustainable urban policies is seeing a momentum, as cities have to quickly roll out local strategies to continue their journey into becoming more equitable and resilient in light of the climate crisis and post pandemic. Between the 11 and 13 May, the international three-day ICLEI World Congress by the Local Governments for Sustainability network ICLEI , brought together over 100 cities, regional governments and urban practitioners. Held in the Swedish city of Malmö, the congress aimed at showcasing best practices in local sustainable development in order to thrive towards a climate neutral future: “The fact that the entire world is spending billions of dollars to mitigate and recover from the COVID19 crisis, shows that local and regional governments indeed need to adopt a broader understanding of resilience in their jurisdictions and, consequently, take integrate preventive risks measures in the urban planning … [Read more...] about From Covid19 To The Ukraine Crisis, Cities Leaders Meet To Discuss Sustainable Urban Development

So your home loan has finally been disbursed and you can now proudly call yourself a homeowner. This is indeed one of the most cherished and expensive investments you’ll make in your life. But have you ever thought of the possibility of something happening to you before you pay your full home loan? Your liabilities will be handed over to your family members, leaving them under financial stress. While there are various things to consider before investing in a house, we often neglect important add-ons such as an insurance policy that covers your home loan repayments. There are two ways to prevent your family from the burden of such liabilities – home loan insurance or a term insurance policy . Both policies provide cover against financial stress. The main difference between them is that a home loan covers the property, while a term policy covers a person’s life. Let’s dig deeper to understand the differences. Premium charges Close Depending on needs and … [Read more...] about Securing a home loan liability: Home loan insurance or term policy?

Abhishek Bondia In the books of financiers, home loan is considered to be one of the safest debts. A home loan is fully backed by a collateral, which is 20 to 25 per cent higher in market value. Further, the quantum of loan to be sanctioned is ascertained based on the income-generating ability of the borrower and not the underlying asset. The latter is true for commercial loans. Due to their low-risk profile, home loans are charged the lowest interest rates. However lenders have realized that when they look at the broader picture, i.e., the entire book, a certain proportion of loans end up as defaults because of the borrower’s death. Banks can take possession of the property to recover the principal amount. However, selling a real estate asset is a long-drawn process. To circumvent this, banks recommend that their borrowers buy life insurance. The question is whether this is good for the borrower as well. Insuring home loans The term insurance attached with loan products … [Read more...] about Cover your home loan with a credit shield insurance policy

Truemeds founders Akshat Nayyar and Kunal Wani Truemeds is a tele-health platform that helps patients with chronic diseases find top quality medicines in India at reasonable prices. According to the founders, its customers save an average of 47 percent on their monthly medicine bills and the company is determined to increase these savings to about 70 percent. In an interview with Moneycontrol , founders Akshat Nayyar and Kunal Wani said they aim to use the $22 million raised from WestBridge Capital and other investors to accelerate growth and triple the number of fulfilment centres across the country in six months. Edited excerpts: Q1: Take us through the journey of your company. How did you come up with the idea of Truemeds? Akshat Nayyar: We founded Truemeds in 2019 to address a very big challenge among the Indian middle class, i.e., affordability of medicines. With over 25 crore (250 million) chronic patients needing medicines each month, India is one of the few … [Read more...] about Truemeds aims to become household name for medicines at true prices: Founders