Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
Protecting the environment makes nations more prosperous, a think tank said on Thursday, as a study showed Slovenia is the country best at using nature to improve the wellbeing of its citizens.
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.
Asia’s urban population is growing at an unprecedented rate. It took 130 years for London to grow from 1 million to 8 million, but Bangkok did it in 45 years, Dhaka in 37 years, and Seoul in only 25 years. Asia’s rapid urbanization—driven by entrepreneurial and commercial dynamism—has been pivotal for its stellar growth, but often to the detriment of urban environments. Increasingly, the environmental downside of urbanization, rather than its economic upside, is in the public eye.
Pacific Island women are confidently entering thetraditionally male-dominated refrigeration and air-conditioning (RAC) servicing profession, supporting national and global efforts to protect planetary and human health. Inspiring role models, they urge other women to “follow their dreams” and “to go for it”.