Page 3 - Risk Management Bulletin April-June 2022
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RMAI BULLETIN JANUARY TO MARCH 2022
RISK MANAGEMENT ASSOCIATION OF INDIA
RISK MANAGEMENT ASSOCIATION OF INDIA
Registered Under Societies Registration Act - 1961 Vide Registration No. S/73835 (WB)
A Non Profit Organisation Engaged in Promotion of Risk Management Discipline in India
VOL. V - No. 02 - April - June 2022 Editorial
Council Members
Mr. R.G.Agarwala, President
Prof. (Dr.) Abhijit K Chattoraj, Vice President
Climate Risk Management needs a serious action plans by
Dr. Rakesh Agarwal, Secretary General various countries around the world. According to a report
Mr. Shyam Agarwal, Treasurer published by Asian Development Bank Asia and the Pacific is
Mr. Vineet Agrwal among the regions that are most vulnerable to climate change.
Mr. Naren Bonnerjee
Mr. Bilwa Banerjee The Fifth Assessment Report of the Intergovernmental Panel on
Climate Change brought out key climate-related risks, including
potential threats to agricultural productivity and food security,
Advisory Council Members
uncertain supply of freshwater in the face of rapidly increasing
Mr. B D Banerjee
demand, rising sea levels and their impact on the region’s urban
Mr. Kamalji Sahay and small island populations, and various threats to health such
Mr. G Srinivasan as morbidity and mortality resulting from heat waves and
Mr. Kaushal K Mishra accelerated spread of infectious diseases.
Mr. Sridhar Kalyanasundaram
The region’s economic growth is therefore also at risk. As
Mr. Somit Chitrey
understanding of the regional impact of climate change
Mr. KB Vijay Srinivas
improves, governments in the region are focusing more and more
on adaptation priorities and strategies, along with the funds
RMAI Industry Experts needed to implement them.
Mr. Amol Padhye - Banking
Mr. N.K.V Roop Kumar - Life Insurance According to WEF Global Risks Report the climate crisis
Mr. Anjan Bhattacharya - Life Insurance remains the biggest long-term threat facing humanity.
Mr. Ganesh Iyer - Life Insurance Respondents to the 2022 World Economic Forum Global Risks
Mr. Vikas Newatia - General Insurance Perception Survey ranked 'Climate action failure' as the number
Mr. Avez Sayed - General Insurance one risk with potentially the most severe impact over the next
Mr. Surath Mukherjee - Corporate decade.
Mr. Dwaipayan Dutta - Life and Health
Extreme weather due to climate change is seen as the second
Mr. Kr Sumit Gaurav - Life Insurance, Uganda
most serious short-term risk, with biodiversity loss coming in
third.
RMAI Brand Ambassador
Mr. Shaik Gulam Afzal Biya Bani, Now in its 17th edition, the report encourages governments to
Middle-East and North Africa (MENA) think outside the quarterly reporting cycle and create policies
that shape the agenda for the coming years. It urges global
leaders to come together and adopt a coordinated multi-
RMAI Academic Council
stakeholder response to ensure the transition to net-zero
Prof Manoj K Pandey
economies.
Prof Pratik Priyadarshi
Dr. A. A. Attarwala The onus is now on governments to submit more ambitious
climate plans and to take immediate, tangible and effective
Registered Office action to meet climate targets. The introduction of economic
drivers, such as mechanisms to establish an effective carbon
25/1, Baranashi Ghosh Street
price, will be an important step for businesses.
Near Girish Park Metro, Kolkata – 700007 (India)
Website : www.rmaindia.org All the stakeholders must come together to fight this crisis which
Email : info@rmaindia.org will be much bigger than the COVID 19 pandemic in years to
Help Line : 033 22184184 / 40078378 / 40078428 come.
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