China – Page 5 – Desdemona Despair

Map showing global climate risk as an Aggregated Damage Ratio, projected to the year 2050. Graphic: XDI

February 28, 2023

Florida’s projected sea level rise by 2100 is bad news for sunshine state – Outside of China, Florida is the most at-risk state/province in the world for economic damage caused by climate change

By Pandora Dewan 24 February 2023 (Newsweek) – By 2100, Florida could see sea levels rise by up to 6 feet, with over 900,000 properties at risk of being underwater. “By 2050, Florida sea levels, like much of the US, are headed for a 1-foot rise on average (above 2020 levels),” William Sweet, an Oceanographer for the […]

EIU Democracy Index 2022, global map by regime type. The average global index score stagnated in 2022. Despite expectations of a rebound after the lifting of pandemic-related restrictions, the score was almost unchanged, at 5.29 (on a 0-10 scale), compared with 5.28 in 2021. The positive effect of the restoration of individual freedoms was cancelled out by negative developments globally. The scores of more than half of the countries measured by the index either stagnated or declined. Western Europe was a positive outlier, being the only region whose score returned to pre-pandemic levels. Graphic: EIU

February 3, 2023

EIU Democracy Index 2022: Frontline democracy and the battle for Ukraine – “Overall the story is one of stagnation. This is a dismal result given that in 2022 the world started to move on from the pandemic-related suppression of individual liberties that persisted through 2020 and 2021”

1 February 2023 (EIU) – The Democracy Index, which began in 2006, provides a snapshot of the state of democracy worldwide in 165 independent states and two territories. This covers almost the entire population of the world and the vast majority of the world’s states (microstates are excluded). The Democracy Index is based on five […]

Map showing natural catastrophe loss events in 2022. Natural catastrophes caused overall losses of US$270 billion worldwide. Data: Munich Re, NatCatSERVICE, 2023. Graphic: Munich Re

January 31, 2023

Munich Re: Climate change and La Niña driving losses – “Climate change is taking an increasing toll. The natural disaster figures for 2022 are dominated by events that, according to the latest research findings, are more intense or are occurring more frequently.”

10 January 2023 (Munich Re) – With overall losses of around US$ 270bn (previous year US$ 320bn) and insured losses of roughly US$ 120bn (previous year US$ 120bn), 2022 joins the recent run of years with high losses. Overall losses were close to the average for the last five years, while insured losses were significantly […]

Map showing significant economic loss events in 2022. Direct economic losses resulting from natural disasters in 2022 are estimated at $313 billion. This is close to the 21st century average, after adjusting actual incurred damage to today’s dollars using the U.S. Consumer Price Index. Though 2022 was far from record-breaking in terms of overall losses, it saw many impactful and costly events across the globe. Visualizing the geographic distribution of 2022 events allows for distinguishing certain patterns, including higher frequency of medium-sized Severe Convective Storm (SCS) events in the U.S. and Europe, and the prevalence of flooding events in Africa, Southeast Asia and Oceania. The map primarily shows the economic impact, which to some extent correlates with concentration of wealth — this is not a result of a reporting bias. What this map does not highlight is the humanitarian crises and displaced communities, as many events with significant human impacts do not necessarily translate into a high financial toll in terms of direct damage. Note that significant price inflation throughout the year already resulted in notable increases of per-event losses. Graphic: Aon

January 25, 2023

Aon: Global insured losses from natural disasters exceeded $130 billion In 2022, driven by second-costliest event on record – More than 19,000 heat-related deaths in Europe

CHICAGO, 25 January 2023 (PRNewswire) – Aon plc (NYSE: AON), a leading global professional services firm, today published its 2023 Weather, Climate and Catastrophe Insight report, which identifies global natural disaster and climate trends to help make better decisions to manage volatility and enhance global resilience. The report reveals that natural disasters caused a $313 billion global economic loss […]

Percentage of OECD countries experiencing higher-than-average inflation, 1970-2022. The global inflation shock that began in the United States in 2021 and took hold worldwide in 2022 will have powerful economic and political ripple effects in 2023. It will be the principal driver of global recession, add to financial stress, and stoke social discontent and political instability everywhere. Today’s historically high inflation comes from multiple sources. First was the Covid-19 pandemic, which prompted governments to cushion the fall in incomes with extraordinary fiscal and monetary stimulus at the same time that it disrupted global supply. Then, just as the United States and Europe were coming out of the pandemic thanks to vaccines, China doubled down on its zero-Covid policy, locking down the global economy’s most important manufacturing and shipping hubs. Finally, Russia’s invasion of Ukraine and the West’s sanctions in response put a strain on the global supply of energy, food, and fertilizer. This unprecedented confluence of overlapping shocks pushed inflation to levels most countries hadn’t seen in nearly 50 years. Graphic: Eurasia Group

January 22, 2023

Eurasia Group’s Top Risks for 2023 – “The risks this year are the most dangerous we’ve encountered in the 25 years since we started Eurasia Group”

By Ian Bremmer and Cliff Kupchan 3 January 2023 (Eurasia Group) – Russia has no way to win in Ukraine. The European Union is stronger than ever. NATO rediscovered its reason for being. The G7 is strengthening. Renewables are becoming dirt cheap. American hard power remains unrivaled. Midterms in the United States were decidedly normal […]

Regional glacier mass change and contributions to sea level rise from 2015 to 2100. Discs show global and regional projections of glacier mass remaining by 2100 relative to 2015 for global mean temperature change scenarios. Discs are scaled based on each region’s contribution to global mean sea level rise from 2015 to 2100 for the +2°C scenario by 2100 relative to preindustrial levels, and nested rings are colored by temperature change scenarios showing normalized mass remaining in 2100. Regional sea level rise contributions >1 mm SLE for the +2°C scenario are printed in the center of each disc. The horizontal bars below each disc show time series of area-averaged annual mass balance from 2015 to 2100 for +1.5°C (top bar) and +3°C (bottom bar) scenarios. The colorbar is saturated at −2.5 m w.e., but minimum annual values reach −4.2 m w.e. in Scandinavia. Graphic: Rounce, et al., 2022 / Science

January 7, 2023

Half of glaciers will be gone by 2100 even under Paris 1.5C accord, study finds

By Phoebe Weston 5 January 2023 (The Guardian) – Half the planet’s glaciers will have melted by 2100 even if humanity sticks to goals set out in the Paris climate agreement, according to research that finds the scale and impacts of glacial loss are greater than previously thought. At least half of that loss will happen […]

Body bags lay on gurneys at the back entrance of a funeral home in Shanghai, China, on Saturday, 31 December 2022. Photo: Qilai Shen / Bloomberg

January 3, 2023

Bodies pile up in China as Covid surge overwhelms crematoriums – “Bodies are overflowing everywhere”

3 January 2023 (Bloomberg News) – For five days the elderly Chinese lady’s corpse lay decomposing in the Shanghai house she shared with her family before a hearse finally arrived to take away her remains. “We’re lucky it’s the cold winter time,” a relative said last week at Shanghai’s Longhua Funeral Home, recounting the ordeal […]

Maasai children stand beside a zebra that local residents say died due to drought, as they graze their cattle at Ilangeruani village, near Lake Magadi, in Kenya, on 9 November 2022. Photo: Brian Inganga / AP Photo

December 31, 2022

In 2022, AP photographers captured pain of a changing planet

By Peter Prengaman 16 December 2022 (AP) – In 2022, Associated Press photographers captured signs of a planet in distress as climate change reshaped many lives. That distress was seen in the scarred landscapes in places where the rains failed to come. It was felt in walloping storms, land-engulfing floods, suffocating heat and wildfires no […]

Photo portrait of economist Nouriel Roubini. Photo: Charlie Bibby / Financial Times

December 20, 2022

Financial Times interview with economist Nouriel Roubini, aka “Dr. Doom” – “I think that really the world is on a slow-motion train wreck”

By Henry Mance 18 December 2022 (Financial Times) – Nouriel Roubini is gloomy, and it’s not just that he arrived in London on a red-eye flight and couldn’t get a table at Nobu. It’s not even conventional economic worries. It’s everything: a confluence of problems, old and new. “I think that really the world is […]

The leadership of the U.N.-backed COP15 biodiversity conference applaud after passing the Kunming-Montreal Global Biodiversity Framework in Montreal, Quebec, Canada, 19 December 2022. Photo: Julian Haber / UN Biodiversity / REUTERS

December 19, 2022

COP15 reaches deal to halt decline in nature by 2030 – Countries to allocate $200 billion per year for biodiversity initiatives but funds to biodiversity are miniscule – “We know the global economy and every company in it is negatively impacting biodiversity”

By Isla Binnie and Gloria Dickie 19 December 2022 MONTREAL (Reuters) – A United Nations summit approved on Monday a landmark global deal to protect nature and direct billions of dollars toward conservation but objections from key African nations, home to large tracts of tropical rainforest, held up its final passage. The Kunming-Montreal Global Biodiversity […]