COP27 | Jotup

Flooding in Nigeria is on the rise – good forecasts, drains and risk maps are urgently needed

Retrieved on:

Tuesday, May 9, 2023

Nigeria is one of the most flood-prone countries in west Africa. Many areas experience annual flooding. This happens during heavy rainfall and one of the reasons is poor drainage systems. The country therefore needs to make improvements. As researchers who have specialised in meteorology for about two decades we believe there are several ways it can do this. The key interventions needed are: These actions are necessary to build resilience to floods. The Nigeria Meteorological Agency and the Nigeria Hydrological Services Agency have predicted severe flooding this year. And recent devastating flooding incidents are still fresh in the minds of Nigerians.Flooding in NigeriaNigeria is increasingly prone to them.

Key Points:

Nigeria is one of the most flood-prone countries in west Africa. Many areas experience annual flooding. This happens during heavy rainfall and one of the reasons is poor drainage systems. The country therefore needs to make improvements. As researchers who have specialised in meteorology for about two decades we believe there are several ways it can do this. The key interventions needed are:
These actions are necessary to build resilience to floods. The Nigeria Meteorological Agency and the Nigeria Hydrological Services Agency have predicted severe flooding this year. And recent devastating flooding incidents are still fresh in the minds of Nigerians.

Flooding in Nigeria

Nigeria is increasingly prone to them.
There are many predictors of floods, chief of which is increasingly heavy rains over the west African Sahel.
In recent decades parts of Nigeria have experienced summer rainfall extremes that are more intense than before.
Thirdly, flooding in Nigeria is made worse by the poor management of drainage systems.

Building resilience against floods

These initiatives will reduce the speed of water flow and reduce the impact of floods.
Another easy intervention is the process of risk mapping, assessment and planning for floods.
Capacity building is required to improve the reliability of forecasting in the country.
Access to the funding depends on having systems for data collection, recording and reporting of loss and damage finance needs.

Avoiding a repeat of disaster

The Nigerian Emergency Management Agency) estimated a total economic loss to be about US$16.9 billion.
In 2022, the flooding caused over 600 deaths and affecting an estimated 3.2 million people across 34 of the country’s 36 states.
As a matter of urgency, states should set up local disaster management committees to assist in creating awareness and relocating communities living in flood-prone areas.

COP28 President-Designate Calls for Climate Action that Hits 2030 Targets, Unlocks Climate Finance, and Leaves No One Behind

Retrieved on:

Tuesday, May 2, 2023

Dr Al Jaber added that, "the most recent IPCC report has already made it crystal clear that we are way off track.

Key Points:

Dr Al Jaber added that, "the most recent IPCC report has already made it crystal clear that we are way off track.
On renewables, Dr Al Jaber called on the world to "triple capacity by 2030 and double it again by 2040."
He highlighted that "COP28 must also provide tangible solutions to help people adapt to climate change and manage growing climate impacts.
As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.

COP28 President-Designate Calls for Climate Action that Hits 2030 Targets, Unlocks Climate Finance, and Leaves No One Behind

Retrieved on:

Tuesday, May 2, 2023

Dr Al Jaber added that, "the most recent IPCC report has already made it crystal clear that we are way off track.

Key Points:

Dr Al Jaber added that, "the most recent IPCC report has already made it crystal clear that we are way off track.
On renewables, Dr Al Jaber called on the world to "triple capacity by 2030 and double it again by 2040."
He highlighted that "COP28 must also provide tangible solutions to help people adapt to climate change and manage growing climate impacts.
As mandated by the Paris Climate Agreement, COP28 UAE will deliver the first ever Global Stocktake – a comprehensive evaluation of progress against climate goals.

Youth Envoy for COP27 Discusses Importance of Climate Finance for Net Zero Goals in New Net Zero Show

Retrieved on:

Tuesday, May 2, 2023

COP, Climate, Movement, Climate change, POP, Interview, Environment, Climate Leadership and Community Protection Act, COP27, Carbon, UN, Gamer, Nightclub

NEW YORK, May 2, 2023 /PRNewswire-PRWeb/ -- The Net Zero video series, created by youth to educate and inform the public about climate change and our transition to a Net Zero world, has launched a new episode featuring Omnia El Omrani, the first official Youth Envoy for COP27. In the interview, climate activist Philo Magdalene explores the challenges facing progress towards achieving Net Zero and the role of youth activism in bridging the implementation gap that follows COP conferences.

Key Points:

Net Zero launches new interview with Omnia El Omrani, first official Youth Envoy for COP, on UN climate negotiations and youth activism.
NEW YORK, May 2, 2023 /PRNewswire-PRWeb/ -- The Net Zero video series, created by youth to educate and inform the public about climate change and our transition to a Net Zero world, has launched a new episode featuring Omnia El Omrani, the first official Youth Envoy for COP27.
In the interview, climate activist Philo Magdalene explores the challenges facing progress towards achieving Net Zero and the role of youth activism in bridging the implementation gap that follows COP conferences.
The Net Zero video series features interviews with climate scientists, activists, policymakers, and business leaders, providing insights and perspectives on the challenges and opportunities in the Net Zero transition.

Establishment of the Paris Agreement Article 6 Implementation Partnership Center

Retrieved on:

Friday, April 28, 2023

To expand the implementation of Article 6, it is necessary to build high-integrity carbon markets with increased private investment through international collaboration.

Key Points:

To expand the implementation of Article 6, it is necessary to build high-integrity carbon markets with increased private investment through international collaboration.
In response, the “Paris Agreement Article 6 Implementation Partnership” was launched at COP27 by Japan.
As of 27 April, 2023, 66 countries and 32 institutions agreed to join the partnership, which demonstrates the growing commitment to the implementation of Article 6.
IGES will serve as the secretariat of the "Paris Agreement Article 6 Implementation Partnership Center" to support the development of institutional and governance frameworks, and capacity-building of government officials and related organisations under the Article 6 market mechanisms.

Boston Consulting Group Releases 2022 Annual Sustainability Report

Retrieved on:

Monday, April 24, 2023

Boston Consulting Group, Heart, Climate, Social impact, Workplace, Aviation, Health, Woman, Research, Consultant, BCG, Sustainability, COP27, UN, Environment, Education, Renewable energy, Vaccine, Management

BOSTON, April 24, 2023 /PRNewswire/ -- Boston Consulting Group (BCG) today released "Expanding Our Reach, Enhancing Our Impact: 2022 Annual Sustainability Report." As the firm marks its 60th anniversary in 2023, the report explores the many ways in which BCG is working to solve some of the world's most urgent challenges. It also highlights the progress BCG has made on its own sustainability journey.

Key Points:

In 2022, BCG Continued to Drive Forward Its Commitment to Positive Action and Impact by Working on Global Challenges Across Health, Education, Climate, and Humanitarian Causes
BOSTON, April 24, 2023 /PRNewswire/ -- Boston Consulting Group (BCG) today released " Expanding Our Reach, Enhancing Our Impact: 2022 Annual Sustainability Report. "
BCG led more than 1,500 societal and planetary impact projects at 780 clients over the course of 2022.
The firm made two key leadership appointments in 2022, naming David Webb as chief sustainability officer and Nadjia Yousif as chief diversity officer.
In 2022, BCG embarked on an ambitious research project to understand what drives feelings of inclusion in the workplace.

Cathay Financial Holdings, World Climate Foundation's First Global Strategic Partner in 2023, Aiming to Accelerate Climate Finance Beyond Taiwan

Retrieved on:

Friday, April 7, 2023

As WCF's first committed global strategic partner in 2023, Cathay FHC is continuing its long-running dedication to accelerating and implementing climate finance.

Key Points:

As WCF's first committed global strategic partner in 2023, Cathay FHC is continuing its long-running dedication to accelerating and implementing climate finance.
Cathay FHC live-streamed WCF's major event—the World Climate Summit, which took place in Egypt's Sham El Sheikh, alongside COP27.
The World Climate Foundation is the biggest and most influential global platform focused on action and impact on climate, biodiversity, and healthy resilience.
As a pioneering frontrunner teaming up with WCF, Cathay FHC hopes to encourage and influence more in-depth climate actions across sectors.

Cathay Financial Holdings, World Climate Foundation's First Global Strategic Partner in 2023, Aiming to Accelerate Climate Finance Beyond Taiwan

Retrieved on:

Friday, April 7, 2023

As WCF's first committed global strategic partner in 2023, Cathay FHC is continuing its long-running dedication to accelerating and implementing climate finance.

Key Points:

As WCF's first committed global strategic partner in 2023, Cathay FHC is continuing its long-running dedication to accelerating and implementing climate finance.
Cathay FHC live-streamed WCF's major event—the World Climate Summit, which took place in Egypt's Sham El Sheikh, alongside COP27.
The World Climate Foundation is the biggest and most influential global platform focused on action and impact on climate, biodiversity, and healthy resilience.
As a pioneering frontrunner teaming up with WCF, Cathay FHC hopes to encourage and influence more in-depth climate actions across sectors.

Arctech Poised to Provide 365MW Solar Tracking Solution for the Largest Solar Project in Mexico

Retrieved on:

Tuesday, April 4, 2023

Multimedia, Arctech Helsinki Shipyard, COP27, SkyLine (Frankfurt), Renewable energy

PUERTO PENASCO, Mexico, April 3, 2023 /PRNewswire/ -- Arctech, the world's leading solar tracking and racking solution provider, is poised to provide 365.8MW SkyLine II solar tracking solution to Puerto Penasco Solar Park in Mexico.

Key Points:

PUERTO PENASCO, Mexico, April 3, 2023 /PRNewswire/ -- Arctech, the world's leading solar tracking and racking solution provider, is poised to provide 365.8MW SkyLine II solar tracking solution to Puerto Penasco Solar Park in Mexico.
Once completed, this project would become the largest solar plant in a single unit in Mexico and 8th in the world.
Located in Puerto Penasco in the Sonora state of Mexico, the project is led by the Mexican government as a flagship project to expedite the country's energy transition.
In late 2022, Arctech inked three deals to supply nearly 10 MW solar tracking solutions in Mexico.

H World Group Limited Reports Fourth Quarter and Full Year of 2022 Unaudited Financial Results

Retrieved on:

Monday, March 27, 2023

Selling and marketing expenses in the fourth quarter of 2022 were RMB169 million (US$25 million), compared to RMB183 million in the fourth quarter of 2021 and RMB181 million in the previous quarter.

Key Points:

Selling and marketing expenses in the fourth quarter of 2022 were RMB169 million (US$25 million), compared to RMB183 million in the fourth quarter of 2021 and RMB181 million in the previous quarter.
Other operating income, net in the fourth quarter of 2022 was RMB276 million (US$40 million), compared to RMB555 million in the fourth quarter of 2021 and RMB76 million in the previous quarter.
Net loss attributable to H World Group Limited in the fourth quarter of 2022 was RMB124 million (US$19 million), compared to RMB459 million in the fourth quarter of 2021 and RMB717 million in the previous quarter.
Net loss attributable to H World Group Limited from the Legacy-Huazhu segment in the fourth quarter of 2022 was RMB84 million, compared to a net loss attributable to H World Group Limited from the Legacy-Huazhu segment of RMB419 million in the fourth quarter of 2021 and a net loss attributable to H World Group Limited from the Legacy-Huazhu segment of RMB731 million in the previous quarter.