In 2019, Sri Lanka recorded the highest reported elephant deaths and second highest number of human deaths in the world due to the human-elephant conflict (HEC). Each year, the reported number of crop losses, property damage, and human and elephant deaths continue to be considerably high. These numbers could be even higher due unreported cases. Regardless of the immediate causes of individual incidents, the growing competition between humans and elephants for living space is the main underlying reason for many such incidents. This blog looks at how insurance could help affected communities.
The world is on the cusp of the Fourth Industrial Revolution (4IR), which is affecting the way people live, work, do business, and interact. Newly emerging technologies such as robotics, artificial intelligence (AI), internet of things (IOT), virtual reality, and 3D printing are fast becoming the new normal. Therefore, it is important to explore the development challenges for South Asia in the new era of the 4IR. In this context, one of the plenary sessions at the 12th South Asia Economic Summit (SAES XII) explored the links between 4IR and SDGs at the regional level.
Latest Edition of Talking Economics Digest Now Online! – Transitioning to a High Middle Income Economy
As Sri Lanka moves towards achieving high middle-income status, the country is faced with both challenges and opportunities. To leverage the maximum advantage presented by these favourable circumstances and overcome the obstacles, reforms are needed in almost all aspects of the economy. In this context, the 17th Edition of the Talking Economics Digest centers on the theme of ‘Transitioning to a High Middle Income Economy.’
Sri Lanka had climbed to the fourth place among countries most affected by extreme weather events in 2016, according to the Global Climate Risk Index (CRI). This means that appropriate climate policies are more important than ever before. In an effort enhance its role in climate policy research, IPS conducted a policy engagement forum this year. The deliberations at the forum reiterated that timely, comprehensive, and evidence-based research is a key pillar in mitigating the impacts of climate change.
With the recent upswing in the condominium market in Sri Lanka, it is important to take environmental implications of these constructions into consideration. The authors argue that a holistic and a futuristic approach should be adopted when building condominiums and sustainable practices should be integrated into the approval process for the ‘design’ of the condominiums.