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The widespread impact of ransomware in the Asia Pacific

Smart Energy International

Some 80% of organisations in the Asia Pacific were affected by ransomware attacks in 2021 with 51% paying the ransom, according to the Global State of Industrial Cybersecurity 2021: Resilience Amid Disruption report released by Claroty. The only way to mitigate the risk is to understand how to make hyperconnectivity more secure.

Asia 98
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Fighting COVID-19 requires investing in science

Impact Alpha

The United States, like Europe and the Asia Pacific region, has moved past the disaster relief phase into reopening the economy. While we may not fully know whether reopening will cause harm, we do know that impact investors can play a critical role in recovery and planning for long-term resilience. However, it will be no.

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ERBD raises $700 million to finance climate resilience projects

Impact Alpha

ImpactAlpha, September 24 – The European Bank for Reconstruction and Development provides investment capital and advisory support on development initiatives across the Middle East, Southern and Eastern Europe and Central Asia. A The post ERBD raises $700 million to finance climate resilience projects appeared first on ImpactAlpha.

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MAS Launches Singapore-Asia Taxonomy

Latham's Clean Energy Law Report

Green , James Bee , and Kevin Mak On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance (Taxonomy) at the United Nations COP28 climate conference in Dubai. Investments made as part of the early coal phase-out process do not extend the expected lifetime for coal combustion.

Asia 52
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Smart Energy Finances: Growth financing for AI-based network resilience

Smart Energy International

This week’s Smart Energy Finances looks at an investment round for Neara, an Australian company that has developed a platform that uses AI to help utilities design networks, enhance wildfire and vegetation management programmes and bring renewable projects online faster. million) for Shanghai Electric Energy Storage Technology.

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Promising steps towards creating a more flood-resilient England

Business Green

The UK needs a far more holistic approach to flood risk and resilience, argue Sara Mehryar, Viktor Roezer and Swenja Surminski from LSE's Grantham Research Institute on Climate Change and the Environment. New flood protection announcements are welcome but not enough on their own. Holistic approaches to adaptation and flood risk management.

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New climate risk methodology launched for asset owners and investors

Business Green

Tool designed to provide investors and companies with greater clarity on the climate resilience of physical infrastructure. Engineering consultancy Mott Macdonald and investor body Coalition for Climate Resilient Investment (CCRI) have launched a first-of-its-kind guide on how to evaluate and quantify physical climate risks to infrastructure.