This page is a compilation of blog sections we have around this keyword. Each header is linked to the original blog. Each link in Italic is a link to another keyword. Since our content corner has now more than 4,500,000 articles, readers were asking for a feature that allows them to read/discover blogs that revolve around certain keywords.
The keyword 18 hectares has 5 sections. Narrow your search by selecting any of the keywords below:
- climate change (5)
- emerging risks (4)
- supply chain risks (2)
- potential risks (2)
- social media (2)
- catastrophe risks (2)
- economic losses (2)
- resource mobilization strategy (2)
- careful planning (2)
- regenerate australia (2)
- global campaign (2)
- 2019-2020 australian bushfires (2)
- legal implications (2)
1.Examples of Emerging Risks[Original Blog]
One of the most important aspects of identifying emerging risks is to analyze case studies and real-life examples. These case studies provide valuable insights into how emerging risks can impact businesses and individuals. In this section, we will look at some of the most notable case studies that highlight emerging risks.
1. Cybersecurity Risks
Cybersecurity risks are one of the most significant emerging risks facing businesses today. The WannaCry ransomware attack in 2017 is one of the most notable examples of the impact of cybersecurity risks. The attack affected over 200,000 computers across 150 countries and caused an estimated $4 billion in damages. The attack was a wake-up call for businesses to take cybersecurity risks seriously and invest in robust security measures.
2. climate Change risks
Climate change is another emerging risk that is becoming more critical every year. The devastating wildfires in Australia in 2019-2020 are a stark reminder of the impact of climate change. The wildfires destroyed over 18 million hectares of land, killed over 30 people and over a billion animals. The economic impact of the wildfires is estimated to be over $100 billion. These wildfires highlight the importance of businesses and governments to take climate change risks seriously and invest in mitigation measures.
3. supply Chain risks
The COVID-19 pandemic in 2020 highlighted the importance of supply chain risks. The pandemic disrupted supply chains worldwide, causing shortages of critical goods and services. The pandemic highlighted the importance of businesses to identify and mitigate supply chain risks. The pandemic also highlighted the need for businesses to diversify their supply chains and invest in more resilient supply chains.
4. Social Media Risks
Social media risks are another emerging risk that businesses need to consider. The Cambridge Analytica scandal in 2018 highlighted the risks of social media. The scandal involved the misuse of Facebook data to influence the 2016 US presidential election. The scandal highlighted the importance of businesses to protect customer data and the need for governments to regulate social media.
5. Artificial Intelligence Risks
Artificial intelligence (AI) is another emerging risk that businesses need to consider. The risks associated with AI include bias, privacy, and security risks. The facial recognition technology used by law enforcement agencies in the US is an example of the risks of AI. The technology has been criticized for its potential to infringe on civil liberties and its bias against people of color.
Case studies provide valuable insights into the impact of emerging risks. Businesses and governments need to take emerging risks seriously and invest in mitigation measures. The best approach to managing emerging risks is to identify potential risks and invest in proactive measures to mitigate these risks.
Examples of Emerging Risks - ISG's Market Intelligence: Identifying Emerging Risks
2.Successful Management of Catastrophe Risks[Original Blog]
Catastrophe risks are unpredictable and potentially devastating events that can cause significant losses to businesses, communities, and the environment. Managing these risks requires a proactive and collaborative approach that involves various stakeholders, such as insurers, reinsurers, brokers, regulators, governments, and non-governmental organizations. In this section, we will look at some case studies of how Lloyd's organizations have successfully tackled catastrophe risks in different regions and sectors, and what lessons can be learned from their experiences.
1. Hurricane Katrina: How Lloyd's helped rebuild New Orleans. Hurricane Katrina was one of the most destructive and costly natural disasters in U.S. History, causing over $125 billion in damages and displacing millions of people in 2005. Lloyd's was the largest non-U.S. Insurer of the event, paying out over $4.3 billion in claims to its policyholders. Lloyd's also played a key role in helping New Orleans recover from the disaster, by providing funding and expertise for rebuilding projects, such as the Superdome stadium, the French Quarter, and the levee system. Lloyd's also supported the development of new risk models and standards for flood insurance, to improve the resilience and sustainability of the city and its residents.
2. The 2011 Thailand floods: How Lloyd's supported the global supply chain. The 2011 Thailand floods were the worst in the country's history, affecting 65 of its 77 provinces and causing over $45 billion in economic losses. The floods also disrupted the global supply chain, as Thailand is a major exporter of electronics, automobiles, and agricultural products. Lloyd's was the largest international insurer of the event, paying out over $2.2 billion in claims to its customers. Lloyd's also helped the affected businesses resume their operations and restore their production capacity, by providing flexible and innovative solutions, such as advance payments, interim settlements, and alternative sourcing arrangements. Lloyd's also contributed to the recovery and reconstruction efforts, by supporting local charities and community projects.
3. The 2019 Australian bushfires: How Lloyd's responded to the climate crisis. The 2019 Australian bushfires were the most severe and widespread in the country's history, burning over 18 million hectares of land and killing over a billion animals. The bushfires were exacerbated by the effects of climate change, such as higher temperatures, lower rainfall, and stronger winds. Lloyd's was one of the leading insurers of the event, paying out over $1.5 billion in claims to its clients. Lloyd's also demonstrated its commitment to addressing the climate crisis, by launching a new framework for accelerating the transition to a low-carbon economy, which includes setting targets for reducing its own emissions, enhancing its climate-related disclosures, and developing new products and services that support green and resilient growth. Lloyd's also joined forces with other industry and government partners, to support the development of a national disaster resilience strategy for Australia.
Successful Management of Catastrophe Risks - Weathering the Storm: How Lloyd'sOrganizations Tackle Catastrophe Risks
3.Mobilizing Resources for Emergency Situations[Original Blog]
Mobilizing resources for emergency situations is a crucial skill for any non-profit organization that works in volatile or unpredictable contexts. Whether it is a natural disaster, a humanitarian crisis, a political conflict, or a public health emergency, non-profits need to be able to respond quickly and effectively to the needs of their beneficiaries and stakeholders. However, mobilizing resources is not an easy task, especially when the situation is complex and dynamic. It requires careful planning, coordination, communication, and adaptation. In this section, we will explore some of the best practices and challenges of mobilizing resources for emergency situations from different perspectives, such as donors, staff, partners, and beneficiaries. We will also provide some examples of how non-profits have successfully mobilized resources in the past and what lessons they have learned from their experiences.
Some of the key points to consider when mobilizing resources for emergency situations are:
1. Assess the situation and the needs. Before mobilizing any resources, it is important to have a clear understanding of the situation and the needs of the affected population. This can be done by conducting a rapid needs assessment, using existing data sources, consulting with local partners and communities, and monitoring the situation closely. A needs assessment can help identify the most urgent and critical needs, the gaps and challenges, the available resources and capacities, and the potential risks and opportunities. A needs assessment can also help define the objectives, scope, and duration of the emergency response, as well as the indicators and criteria for success.
2. Develop a resource mobilization strategy. Based on the needs assessment, a resource mobilization strategy can be developed to outline the goals, activities, budget, and timeline of the emergency response. A resource mobilization strategy can also specify the types and sources of resources needed, such as financial, human, material, technical, or logistical. A resource mobilization strategy can help prioritize the most essential and feasible resources, as well as identify the potential donors, partners, and stakeholders to approach. A resource mobilization strategy can also help communicate the value proposition and the impact of the emergency response to the potential supporters and collaborators.
3. Engage with donors and partners. Once a resource mobilization strategy is in place, it is time to engage with the donors and partners who can provide the necessary resources for the emergency response. This can be done by reaching out to existing or potential donors and partners, such as governments, foundations, corporations, individuals, or other non-profits, and presenting them with a clear and compelling case for support. It is important to tailor the communication and the proposal to the specific interests, preferences, and requirements of each donor and partner, and to highlight the urgency, relevance, and effectiveness of the emergency response. It is also important to maintain regular and transparent communication with the donors and partners throughout the emergency response, and to provide them with timely and accurate updates, feedback, and reports on the progress and the results of the emergency response.
4. Manage and allocate the resources. Once the resources are secured, it is important to manage and allocate them efficiently and effectively to the emergency response. This can be done by establishing clear roles and responsibilities, policies and procedures, systems and tools, and standards and guidelines for the management and allocation of the resources. It is important to ensure that the resources are used in accordance with the agreed objectives, activities, budget, and timeline of the emergency response, and that they are aligned with the needs and priorities of the affected population. It is also important to monitor and evaluate the use and the impact of the resources, and to identify and address any issues, challenges, or gaps that may arise during the emergency response.
5. Learn and improve. Finally, it is important to learn and improve from the experience of mobilizing resources for emergency situations. This can be done by conducting a comprehensive and participatory evaluation of the emergency response, and by collecting and analyzing data, feedback, and lessons learned from the donors, partners, staff, and beneficiaries. An evaluation can help assess the relevance, effectiveness, efficiency, sustainability, and impact of the emergency response, and to identify the strengths, weaknesses, opportunities, and threats of the resource mobilization process. An evaluation can also help generate recommendations and best practices for future emergency situations, and to share and disseminate the knowledge and the learning with the relevant stakeholders and the wider non-profit sector.
Some examples of how non-profits have mobilized resources for emergency situations are:
- The International Federation of Red Cross and Red Crescent Societies (IFRC) mobilized over $1.2 billion for the 2004 Indian Ocean tsunami, which affected 14 countries and killed over 230,000 people. The IFRC used a variety of fundraising channels, such as online donations, corporate partnerships, media campaigns, and public events, to raise awareness and funds for the emergency response. The IFRC also coordinated with its national societies and other humanitarian actors to deliver relief and recovery assistance to the affected communities, such as food, water, shelter, health, sanitation, and livelihood support. The IFRC also conducted a 10-year evaluation of the tsunami response, which highlighted the achievements, challenges, and lessons learned from the resource mobilization process.
- The world Wildlife fund (WWF) mobilized over $100 million for the 2019-2020 Australian bushfires, which affected over 18 million hectares of land and killed over 1 billion animals. The WWF used a combination of online and offline fundraising methods, such as social media, email, SMS, phone, direct mail, and events, to engage and inspire donors and supporters to contribute to the emergency response. The WWF also partnered with local and international organizations, such as the Australian Wildlife Conservancy, the Nature Conservation Council, and the Leonardo DiCaprio Foundation, to provide emergency and long-term support to the wildlife and the habitats affected by the bushfires, such as rescue, rehabilitation, restoration, and protection. The WWF also launched a global campaign, called "Regenerate Australia", to mobilize resources and action for the recovery and resilience of the Australian environment and communities.
- The United Nations Children's Fund (UNICEF) mobilized over $500 million for the 2020 COVID-19 pandemic, which affected over 200 countries and territories and infected over 100 million people. The UNICEF used a range of advocacy and fundraising strategies, such as media outreach, celebrity engagement, corporate collaboration, and public appeals, to raise awareness and resources for the emergency response. The UNICEF also worked with its country offices and other partners, such as the World Health Organization, the Global Fund, and the Vaccine Alliance, to deliver essential services and supplies to the children and the families affected by the pandemic, such as health, education, nutrition, protection, and social protection. The UNICEF also established a COVID-19 dashboard, which tracks and reports the progress and the impact of the emergency response.
Mobilizing Resources for Emergency Situations - Non profit crisis management: How to Prepare for and Respond to Emergencies and Challenges in Your Non profit
4.The Unpredictable Force Behind Infrastructure Disasters[Original Blog]
One of the most challenging aspects of rebuilding after a disaster is dealing with the unpredictable and uncontrollable forces of nature that may have caused or contributed to the infrastructure collapse. These forces are known as vis major, which is a Latin term meaning "superior force" or "act of God". Vis major refers to any event that is beyond human control, such as earthquakes, floods, landslides, volcanic eruptions, hurricanes, tornadoes, wildfires, etc. Vis major can have devastating impacts on the physical and social infrastructure of a community, such as roads, bridges, buildings, power lines, water supply, communication networks, health services, education, etc. In this section, we will explore the concept of vis major and how it affects the process of rebuilding after a disaster. We will also look at some examples of infrastructure disasters that were caused or exacerbated by vis major and how the affected communities responded to them.
1. The definition and legal implications of vis major. Vis major is not only a technical term, but also a legal one. It is often used in contracts and insurance policies to define the circumstances under which a party is exempted from liability or obligation due to an unforeseeable and unavoidable event. However, the interpretation and application of vis major can vary depending on the context and jurisdiction. For example, some courts may consider a pandemic as a vis major event, while others may not. Similarly, some contracts may specify certain events as vis major, while others may leave it open to interpretation. Therefore, it is important to understand the legal implications of vis major when dealing with infrastructure contracts and claims.
2. The challenges and opportunities of rebuilding after vis major. Vis major can pose significant challenges for rebuilding after a disaster, such as:
- The difficulty of assessing the extent and severity of the damage caused by vis major.
- The uncertainty and unpredictability of future vis major events that may affect the recovery process.
- The complexity and coordination of multiple stakeholders involved in the rebuilding process, such as governments, contractors, engineers, insurers, donors, etc.
- The scarcity and allocation of resources and funds for rebuilding.
- The social and psychological impacts of vis major on the affected population, such as trauma, grief, displacement, etc.
However, vis major can also create opportunities for rebuilding after a disaster, such as:
- The opportunity to improve the resilience and sustainability of the infrastructure by incorporating new technologies, standards, and practices.
- The opportunity to enhance the social and economic development of the community by addressing the underlying vulnerabilities and inequalities that may have existed before the disaster.
- The opportunity to foster collaboration and solidarity among the stakeholders and beneficiaries of the rebuilding process.
- The opportunity to learn from the experience and best practices of other communities that have faced similar disasters.
3. The examples and case studies of infrastructure disasters caused or exacerbated by vis major. There are many examples of infrastructure disasters that were caused or influenced by vis major events around the world. Some of them are:
- The 2010 Haiti earthquake: A magnitude 7.0 earthquake struck Haiti on January 12, 2010, killing an estimated 230,000 people and displacing more than 1.5 million people. The earthquake severely damaged or destroyed most of the country's infrastructure, including roads, bridges, ports, airports, hospitals, schools, government buildings, etc. The recovery process was hampered by several factors, such as political instability, corruption, lack of coordination among aid agencies, cholera outbreak, hurricanes, etc. Ten years after the earthquake, Haiti still faces many challenges in rebuilding its infrastructure and improving its living conditions.
- The 2011 Fukushima nuclear disaster: A magnitude 9.0 earthquake and a subsequent tsunami hit Japan on March 11,
2011, triggering a series of nuclear meltdowns at the Fukushima Daiichi Nuclear Power Plant. The disaster
Resulted in massive radiation leaks, evacuations, power outages, environmental contamination,
Health risks, economic losses, etc. The cleanup and decommissioning of the plant is expected to take
Decades and cost billions of dollars. The disaster also raised questions about the safety and viability
Of nuclear energy in Japan and around the world.
- The 2019-2020 Australian bushfires: A prolonged drought and record-breaking temperatures fueled unprecedented
Bushfires across Australia from September 2019 to March 2020. The fires burned more than 18 million hectares
Of land, killed at least 34 people and an estimated one billion animals, destroyed more than
3,000 homes and thousands of other structures, and emitted more than 700 million tons of carbon
Dioxide. The fires also damaged or threatened critical infrastructure, such as power lines, water supply,
Communication networks, transport systems, etc. The recovery and restoration of the affected areas is expected
To take years and cost billions of dollars. The fires also highlighted the need for more action on
Climate change and disaster preparedness.
5.Restoring Green Cover[Original Blog]
Reforestation and afforestation are two of the most effective ways to restore green cover and combat land degradation. Reforestation is the natural or intentional restoration of forests that have been degraded or destroyed by human activities or natural disasters. Afforestation is the establishment of forests on lands that have not been forested for a long time or ever before. Both practices aim to increase the biodiversity, carbon sequestration, soil quality, water cycle, and climate regulation of the land. However, they also face some challenges and trade-offs that need to be carefully considered. Here are some of the main aspects of reforestation and afforestation:
1. Benefits of reforestation and afforestation: Restoring green cover can have multiple benefits for the environment and human well-being. Some of the benefits are:
- Biodiversity conservation: Forests are home to more than 80% of the world's terrestrial biodiversity, including many endangered and endemic species. Reforestation and afforestation can help protect and restore the habitats and ecosystems of these species, as well as the ecological services they provide, such as pollination, pest control, and nutrient cycling.
- Carbon sequestration: Forests are the largest terrestrial carbon sinks, storing more than 650 gigatons of carbon in their biomass, soil, and litter. Reforestation and afforestation can help mitigate climate change by capturing and storing more carbon dioxide from the atmosphere, reducing the greenhouse effect and global warming.
- Soil quality improvement: Forests can improve the physical, chemical, and biological properties of the soil, such as water retention, nutrient availability, organic matter, and microbial activity. Reforestation and afforestation can help prevent and reverse soil erosion, desertification, salinization, and acidification, which are some of the main causes of land degradation.
- Water cycle regulation: Forests can influence the hydrological cycle by intercepting, transpiring, and infiltrating precipitation, as well as reducing surface runoff and evaporation. Reforestation and afforestation can help enhance water availability and quality, as well as reduce the risk of floods and droughts.
- Climate regulation: Forests can moderate the local and regional climate by affecting the albedo, humidity, temperature, and wind patterns of the land. Reforestation and afforestation can help create a cooler and wetter microclimate, as well as buffer the effects of extreme weather events.
2. Challenges of reforestation and afforestation: Restoring green cover is not a simple or straightforward process. It requires careful planning, implementation, and monitoring to ensure its effectiveness and sustainability. Some of the challenges are:
- Land availability and competition: Forests cover about 31% of the world's land area, but this is declining due to deforestation and land use change. Reforestation and afforestation require sufficient and suitable land to establish and maintain forests, but this may conflict with other land uses, such as agriculture, urbanization, mining, and infrastructure. Finding a balance between the competing demands for land is a key challenge for reforestation and afforestation.
- Species selection and diversity: Forests are composed of a variety of tree species that have different characteristics, functions, and interactions. Reforestation and afforestation need to consider the appropriate species to plant, depending on the objectives, conditions, and impacts of the project. Planting native and diverse species can enhance the resilience and adaptability of the forest, as well as the benefits it provides. However, planting exotic or monoculture species can have negative consequences, such as invasiveness, disease susceptibility, and reduced ecosystem services.
- Costs and benefits analysis: Reforestation and afforestation involve significant costs and benefits, both in the short and long term. The costs include the expenses of land acquisition, site preparation, seedling production, planting, maintenance, and monitoring. The benefits include the environmental, social, and economic values of the forest, such as timber, fuelwood, food, medicine, recreation, and tourism. evaluating the costs and benefits of reforestation and afforestation is a complex and uncertain task, as it depends on many factors, such as the scale, duration, and location of the project, as well as the discount rate, opportunity cost, and externalities involved.
3. Examples of reforestation and afforestation: There are many examples of successful and unsuccessful reforestation and afforestation projects around the world. Some of the examples are:
- The Great Green Wall: This is an ambitious initiative to create a 8,000 km long and 15 km wide belt of trees across the Sahara and the Sahel in Africa, to combat desertification, land degradation, and climate change. The project was launched in 2007 and involves 11 countries. It aims to restore 100 million hectares of land, sequester 250 million tons of carbon, and create 10 million jobs by 2030. So far, the project has restored about 18 million hectares of land, planted over 350 million trees, and improved the livelihoods of millions of people.
- The Billion Tree Campaign: This is a global campaign to plant one billion trees in response to the challenges of biodiversity loss, climate change, and land degradation. The campaign was launched in 2006 by the United Nations Environment Programme (UNEP) and the World Agroforestry Centre (ICRAF). It encourages individuals, organizations, and governments to pledge and plant trees, as well as to report and monitor their progress. The campaign has exceeded its original target and has planted over 15 billion trees in 193 countries.
- The Green Belt Movement: This is a grassroots movement that empowers women to plant trees and conserve the environment in Kenya. The movement was founded in 1977 by the late nobel Peace prize laureate Wangari Maathai. It aims to address the issues of deforestation, soil erosion, water scarcity, and rural poverty. The movement has planted over 50 million trees, created over 30,000 nurseries, and trained over 150,000 women in environmental management.
Restoring Green Cover - Land degradation: How to Prevent and Reverse the Negative Effects of Land Use on the Environment