Category: Environment
Is Covid-19 our dress-rehearsal for the impending climate disaster?
The World Economic Forum’s (WEF) 2020 Risk Report said all of the Top-five global risks were climate-related. These included: extreme weather, climate [...]
African swine fever flares in South Africa – raising spectre of increased claims
As the world battles Covid-19, an outbreak of African Swine Fever (AFS) has flared in the eastern Cape, South Africa. A swine flu outbreak in China is [...]
Handling Covid-19 could provide lessons for managing climate change
While insurers and their insureds handle the Covid-19 crisis, there have been a number of experts warning that their companies cannot afford to ignore [...]
Parametric insurance pays out on Senegalese food crisis
Humanitarian agencies in Senegal have been distributing aid as part of an early response to food shortage, which has been caused by the late onset of [...]
Climate-resilient project across east Africa needs private support
The Climate Resilient Agribusiness for Tomorrow (CRAFT) project has co-invested €2m in grants to 14 private sector companies working in the sunflower, [...]
Insurers worried by oil price crash and reducing demand for cover
Insurers are already voicing their concerns about a drop in demand for insurance related to oil risks as the price of crude crashes around the world, [...]
Climate change set to impact future pandemics
Climate is known to affect disease and its spread. Now, Dr Peter Sousounis, director of climate change research at AIR Worldwide, has published observ [...]
Likely surge in flooding could worsen Covid-19 impact
As the world grapples with the health and economic impacts of Covid-19, a potential threat multiplier is flooding. In 2019, floods caused US$45.9 bill [...]
Boost for sustainable farming and access to finance in west Africa
Nestlé has signed a memorandum of understanding with IDH Sustainable Trade Initiative, as part of the Grown Sustainably in Africa (GSA) programme and [...]
Boost for renewable energy projects across Africa
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA), has approved a $760,000 grant to Empower New Energy AS (EmNEW), to dev [...]