ESG and Of Interest News


Researchers Have Ranked AI Models Based on Risk-and Found a Wild Range

August 15, 2024--Studies suggest that regulations could be tightened to head off AI misbehavior.
Bo Li, an associate professor at the University of Chicago who specializes in stress testing and provoking AI models to uncover misbehavior, has become a go-to source for some consulting firms.

These consultancies are often now less concerned with how smart AI models are than with how problematic-legally, ethically, and in terms of regulatory compliance-they can be.

Li and colleagues from several other universities, as well as Virtue AI, cofounded by Li, and Lapis Labs, recently developed a taxonomy of AI risks along with a benchmark that reveals how rule-breaking different large language models are. "We need some principles for AI safety, in terms of regulatory compliance and ordinary usage," Li tells WIRED.

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Source: wired.com


Hunger numbers stubbornly high for three consecutive years as global crises deepen: UN report

July 24, 2024-FAO-IFAD-UNICEF-WFP-WHO Joint Release
Around 733 million people faced hunger in 2023, equivalent to one in eleven people globally and one in five in Africa, according to the latest State of Food Security and Nutrition in the World (SOFI) report published today by five United Nations specialized agencies.

The annual report, launched this year in the context of the G20 Global Alliance against Hunger and Poverty Task Force Ministerial Meeting in Brazil, warns that the world is falling significantly short of achieving Sustainable Development Goal (SDG) 2, Zero Hunger, by 2030.

The report shows that the world has been set back 15 years, with levels of undernourishment comparable to those in 2008-2009.

Despite some progress in specific areas such as stunting and exclusive breastfeeding, an alarming number of people continue to face food insecurity and malnutrition as global hunger levels have plateaued for three consecutive years, with between 713 and 757 million people undernourished in 2023-approximately 152 million more than in 2019 when considering the mid-range (733 million).

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Source: ifad.org


African insights 2024-Democracy at risk-The People’s Perspective

July 17, 2024--Africa's democratic project faces challenging times. Since 2020, soldiers have pushed out elected governments in six countries. Three presidents have defied constitutional limits to claim third terms in office. Other leaders use subtler means to erode democracy, weakening checks on their authority and harassing the political opposition.

Non-compliance by member states frustrates the African Union's progress in enforcing democratic norms.

Until the late 1990s, not much was known about the values, preferences, or insights of Africans. The idea of polling African citizens seemed impossible, even laughable, to some observers. Experts, media pundits, and politicians purported to know what the people thought. Conventional wisdom held that Africans typically focused on economic and social development and did not care much about democracy or human rights.

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Source: allafrica.com


In a nod to resiliency, FEMA will take climate change into account when rebuilding

July 11, 2024--When the Federal Emergency Management Agency (FEMA) spends millions of dollars to help rebuild schools and hospitals after a hurricane, it tries to make the community more resilient than it was before the storm. If the agency pays to rebuild a school or a town hall, for example, it might elevate the building above the floodplain, lowering the odds that it will get submerged again.

That sounds simple enough, but the policy hinges on a deceptively simple question: How do you define "floodplain"? FEMA and the rest of the federal government long defined it as an area that has a 1 percent chance of flooding in any given year. That so-called 100-year floodplain standard, though more or less arbitrary, has been followed for decades-even though thousands of buildings outside the floodplain go underwater every year.

Now FEMA is expanding its definition of the floodplain, following an executive order from President Joe Biden that forced government agencies to tighten rules about how they respond to the increasing risk of floods.

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Source: thebulletin.org


The oceans are heating so fast, some scientists call for a new "Category 6" hurricane classification

July 11, 2024--Hurricane Beryl, which slammed into Texas on Monday after wreaking havoc in the Caribbean, was supercharged by "absolutely crazy" ocean temperatures that are likely to fuel further violent storms in the coming months, scientists have warned.

Beryl left more than 2 million people without power after making landfall near Houston as a Category 1 storm, after having rampaged through the Caribbean as a category 5 hurricane, with wind speeds reaching 165 miles per hour (265km/h), killing 11 people.

There has never been a category 5 Atlantic hurricane this early in the year before, with most major storms forming closer to September. Beryl, however, rapidly accelerated from a minor storm to a Category 4 event in just two days.

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Source: thebulletin.org


Power-hungry AI is driving a surge in tech giant carbon emissions. Nobody knows what to do about it

July 8, 2024--Since the release of ChatGPT in November 2022, the world has seen an incredible surge in investment, development and use of artificial intelligence (AI) applications. According to one estimate, the amount of computational power used for AI is doubling roughly every 100 days.

The social and economic impacts of this boom have provoked reactions around the world. European regulators recently pushed Meta to pause plans to train AI models on users' Facebook and Instagram data. The Bank of International Settlements, which coordinates the world's central banks, has warned AI adoption may change the way inflation works.

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Source: theconversation.com


NASA launches first satellite to study heat emissions at Earth's poles

July 2, 2024--The shoebox-sized CubeSats will measure the heat radiated from Earth's coldest regions.
This data will help scientists predict changes in sea, ice and weather patterns due to global warming.
For the first time, a NASA satellite has been launched with the purpose of improving the ability to predict climate change by measuring the heat that escapes from Earth's poles.

The satellite-the first of a pair- is in orbit following lift-off from Rocket Lab's Electron rocket in Māhia, New Zealand, on Saturday, NASA said.

"This new information-and we've never had it before-will improve our ability to model what's happening in the poles, what's happening in climate," said Karen St. Germain, Earth sciences research director at NASA, reported by AFP.

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Source: weforum.org


IMF Promoting Gender Equality and Tackling Demographic Challenges

June 11, 2024--Summary:
Two broad contrasting demographic trends present challenges for economies globally: countries with aging populations, often advanced economies and increasingly emerging markets, anticipate a significant shrinking of the labor force, with implications for growth, economic stability, and public finances.

Economies with rapidly growing populations, as is the case in many low-income and developing countries, will face a burgeoning young population entering the labor market in the next decades-a large potential to reap the demographic dividend if the right skills and economic and social conditions are in place.

This note highlights how gender equality, in both cases, can serve as a stabilizing factor to rebalance demographic trends. As decisions regarding fertility, human capital investment, and labor force participation are interlinked, policies should aim at relaxing households' time and resource constraints that condition these choices. This means that, in general, in advanced economies and emerging markets, policies should facilitate women's work–life choices and boost female participation in the labor market, whereas policies in low-income and developing countries should focus on reforms that narrow gender gaps in opportunities and support human capital accumulation.

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Source: imf.org


New report states 7-9 billion tonnes of CO2 must be sustainably removed per year to hit climate targets

June 5, 2024--The 2024 State of Carbon Dioxide Removal report co-led by researchers at the University of Oxford finds that around 7-9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the world is to meet the 1.5 °C Paris Agreement target.

The authors stress that reducing emissions is the primary way to achieve net-zero, but Carbon Dioxide Removal (CDR) has a critical role to play.

The authors incorporated sustainability criteria including multiple Sustainable Development Goals into their analysis, and their final figure for a "Paris-consistent" range of CDR was assessed based on these.

Currently just 2 billion tons per year are being removed by CDR, mostly through conventional methods like tree planting. Novel CDR methods= like biochar, enhanced rock weathering, direct air carbon capture and storage (DACCS) and bioenergy with carbon capture and storage (BECCS)- contribute 1.3 million tonnes per year, less than 0.1% of the total. Methods which are effectively permanent account for only 0.6 million tonnes per year- less than 0.05% of the total. .

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Source: ox.ac.uk


Africa: Climate Change May Be Fuelling a Resurgence of Piracy Across Africa

May 24, 2024--In the churning waters off Nigeria, armed pirates in small skiffs speed towards a cargo ship. They clamber aboard, seizing control of the vessel and its valuable cargo. This isn't a scene from a swashbuckling film; it's a stark reality for seafarers in many parts of the world.
Piracy poses a threat to global shipping, trade and the safety of seafarers.

In 2020 alone, there were 135 maritime kidnappings, with the Gulf of Guinea off the west African coast accounting for over 95% of abductions. Pirates often subject hostages to violence, torture and even execution.

What's more concerning is that climate change seems to be making the problem worse. In regions like east Africa, climate change is devastating the coastal fisheries that people have depended on for generations.

Climate change is causing fish stocks to decline as some species migrate out of the reach of local fishermen.

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Source: allafrica.com


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Americas


July 02, 2026 Baillie Gifford ETF Trust files with the SEC
July 02, 2026 GraniteShares ETF Trust files with the SEC-GraniteShares 2x Long SK Hynix Daily ETF and GraniteShares 2x Short SK Hynix Daily ETF
July 02, 2026 Themes ETF Trust files with the SEC-Leverage Shares 2X Long SK Hynix Daily ETF and Leverage Shares 1X Short SK Hynix Daily ETF
July 02, 2026 Krane Shares Trust files with the SEC-KraneShares Photonic and Optical ETF
July 02, 2026 RBB Fund Trust files with the SEC-Polen Dividend Income ETF and Polen International Dividend Income ETF

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Europe ETF News


July 02, 2026 Half-year results 2026: Xetra-Gold grows significantly year-on-year
July 02, 2026 Financial regulator to simplify investment disclosure regime
July 02, 2026 EU equity markets at a turning point to restore competitiveness and strengthen capital markets
July 01, 2026 New ETF and ETP Listings on July 1, 2026, on Deutsche Boerse
July 01, 2026 Deutsche Boerse Welcomes Pictet as New ETF Issuer on Xetra

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Asia ETF News


July 01, 2026 Asia-Pacific Online Trading Platform Market Poised for Rapid Growth, Projected to Reach USD 5.56 Billion by 2031
June 26, 2026 Capital Investment Trust Corporation Launches Capital US Tech Giant ETF in First Collaboration with Solactive
June 26, 2026 E Fund (HK) HKEX Tech 100 Index ETF (3456) Lists Today
June 23, 2026 ChinaAMC and KB Asset Management Sign Strategic MOU to Deepen Cross-Border Collaboration
June 23, 2026 Mantle Becomes One of the First Ethereum L2s to Bring Franklin Templeton's USPX ETF On-Chain with xStocks

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Global ETP News


July 02, 2026 AI Boom Sparks Warning From Top Economists As Financial Risks Mount
June 28, 2026 Bassanese Bites-Chip wreck
June 25, 2026 Flow Traders 2Q 2026 Pre-Close Call
June 24, 2026 21shares Releases 2026 Crypto Market Report: Mid-Year Audit Tracks Bitcoin ETP Inflows, Layer-2 Consolidation, and Real-World Asset Tokenisation
June 23, 2026 ETFGI reports Active ETF assets Hit a Record 2.49 Trillion USD and Record Net Inflows of 412 Bn USD YTD at the end of May

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Middle East ETP News


June 25, 2026 Mideast Stocks: Most Gulf markets ease on weaker oil, Fed rate-hike bets
June 23, 2026 amana Simplifies Halal Investing with Sharia-Compliant Asset Labels
June 23, 2026 ADX welcomes Lunate's first-of-its-kind GCC Shariah-compliant ETF
June 22, 2026 Mideast Stocks: Most Gulf markets edge higher as Iran cites progress in peace talks

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Africa ETF News


June 16, 2026 Stablecoins in Nigeria: A Growing Cross-Border Channel
June 09, 2026 South African rand strengthens after surprise GDP growth data
May 26, 2026 Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 26, 2026 Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 15, 2026 Zimbabwe- a tale of two African stock exchanges

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White Papers


July 02, 2026 Financial Market Infrastructures Evolution in a Tokenized Economy
June 30, 2026 The Global Versus Local Identification of Macroeconomic Damages
June 30, 2026 Artificial Intelligence and Cybersecurity in the Financial Sector
June 29, 2026 Ireland: Selected Issues
June 23, 2026 World Economic Forum-Top 10 Emerging Technologies of 2026

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