TONIK Financial, Asean’s first licensed digital-only bank, is leveraging cloud to mitigate the risks of Covid-19.

April was a month of heavy-lifting for Anand Natarajan, COO, DBS Bank India, but the company’s investments made towards building a robust tech infrastructure made pandemic substantially easier for him.

The makers of Fevicol are leveraging this time to retrain staff and gear up technology infrastructure for the post-Covid world.

The international University of California, Riverside-led SpARCS collaboration has discovered four of the most distant clusters of galaxies ever found, as they appeared when the universe was only 4 billion years old. Clusters are rare regions of the universe consisting of hundreds of galaxies containing trillions of stars, as well as hot gas and mysterious dark matter. Spectroscopic observations from the ground using the W. M. Keck Observatory in Hawaii and the Very Large Telescope in Chile confirmed the four candidates to be massive clusters. This sample is now providing the best measurement yet of when and how fast galaxy clusters stop forming stars in the early Universe.

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Astrophysicists from the Johns Hopkins University have proposed a clever new way of shedding light on the mystery of dark matter, believed to make up most of the universe.

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The solar system could be thrown into disaster when the sun dies if the mysterious 'Planet Nine' exists, according to research from the University of Warwick.

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A team of Carnegie scientists has discovered three giant planets in a binary star system composed of stellar ''twins'' that are also effectively siblings of our Sun. One star hosts two planets and the other hosts the third. The system represents the smallest-separation binary in which both stars host planets that has ever been observed. The findings, which may help explain the influence that giant planets like Jupiter have over a solar system's architecture, have been accepted for publication in The Astronomical Journal.

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1800s, astronomers surveying the night sky in the Southern Hemisphere noticed something strange: Over the course of a few years, a previously inconspicuous star named Eta Carinae grew brighter and brighter, eventually outshining all other stars except Sirius, before fading again over the next decade, becoming too dim to be seen with the naked eye.

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NASA's Terra and Aqua satellites caught Hurricane Newton's two landfalls in Mexico.

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Terzan 5, 19 000 light-years from Earth in the constellation of Sagittarius (the Archer) and in the direction of the galactic centre, has been classified as a globular cluster for the forty-odd years since its detection. Now, an Italian-led team of astronomers have discovered that Terzan 5 is like no other globular cluster known.

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Dwarf galaxies are enigmas wrapped in riddles. Although they are the smallest galaxies, they represent some of the biggest mysteries about our universe. While many dwarf galaxies surround our own Milky Way, there seem to be far too few of them compared with standard cosmological models, which raises a lot of questions about the nature of dark matter and its role in galaxy formation.

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Quasars are supermassive black holes that sit at the center of enormous galaxies, accreting matter. They shine so brightly that they are often referred to as beacons and are among the most-distant objects in the universe that we can currently study. New work from a team led by Carnegie's Eduardo Bañados has discovered 63 new quasars from when the universe was only a billion years old. (It's about 14 billion years old today.)

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Ecosystems in the Catalan coastal system in Spain are worth €2,573 million per year to local citizens, according to new research. By placing a value on ecosystems the research has provided insight into integrated coastal zone management (ICZM) in the area.

A new study highlights the economic importance of coastal and marine areas and the urgent need to develop concrete methods for assessing their value. Researchers say the need is especially strong now as climate change's impacts could reduce the economic value of coastal and marine environments.

A recent report has assessed the latest research on the adverse affects of noise on health, focusing on approaches to estimating the economic cost of noise. This information could help policy makers tasked with designing cost-effective noise reduction and management policies.

Payments for ecosystem services (PES) are one of a number of policy options available to support the provision of ecosystem services. Based on the characteristics of ecosystem services, a recent study has developed a framework for deciding when payments are a suitable tool for delivering ecosystem services.

Some 'intangible' ecosystem services, such as the aesthetic and cultural value, as well as the recreational use of land, are particularly difficult to price. New research has proposed three explorative methods to value these more intangible services using landscape evaluation, statistics on level of recreational use and the price of real estate in the area.

Transaction costs can be incurred during various phases of environmental policy making, from planning through to enforcement. A recent study has examined what influences these costs and concluded that policy selection and evaluation could benefit from a better understanding of the causes of these transaction costs.

Researchers have examined two cases of managed realignment in the UK, whereby coastal areas are deliberately flooded to recreate protective salt marshes. They demonstrated that a sequential decision support system (DSS) can be combined with an ecosystem services approach to provide a robust economic valuation of managed realignment’s benefits. For the case studies analysed, the benefits of managed realignment were found to outweigh costs in the long-term.

When natural disasters, such as earthquakes, storms and hurricanes, are reported in the media, they are often accompanied by an assessment of the cost of the disaster. While such information can be useful to help governments and international organisations target aid and recovery efforts, the details of what is included in the assessment, and the methods used, are often unclear.

Marine litter not only causes environmental damage, but has significant economic costs for industry. A recent study has now estimated that marine litter in the Asia-Pacific region is likely to cost over US$1.26billion per year in damage to marine industries. Policy options for reducing this cost are explored.

A new tool allows European businesses to see how, through informed decision-making, conserving the ecosystems they depend on is not only environmentally responsible, but can also increase profits, reduce risk and boost the value of their product or services.

A new study has proposed a method to place monetary value on green infrastructure at both a project and regional scale, which illustrates the value of investing in green infrastructure to the public and other stakeholders.

The design and implementation of Payments for Ecosystem Services (PES) schemes could benefit from lessons learned from the management of common pool resources (CPR). By examining previous research into CPR, an international team of researchers has demonstrated that six sustainable management characteristics of CPRs also hold lessons for PES practitioners.

Payments for Ecosystem Services (PES) schemes offer direct payments for communities and individuals in exchange for conserving areas of land reserved for conservation for their environmental qualities. The results of an Ecuadorian study highlight key aspects for designing successful PES schemes and demonstrate how investments associated with PES can also benefit poor communities.

According to a recent viewpoint article, future agri-environmental schemes (AES) can more effectively pay for the provision of ecosystem services at a landscape level if they are prepared, designed and implemented in a collaborative and coordinated manner.

Soils play a vital role in the Earth's life-support system, yet their importance and value to society is not always recognised. A recent study suggests that incorporating soils into a National Capital and Ecosystem Services framework will raise the profile of soils and enable soils to be more easily integrated into policy decisions.

A recent study has assessed the costs and effectiveness of reducing phosphorus pollution for lakes in Scotland, UK, to achieve good ecological status as required by the EU’s Water Framework Directive (WFD). It was found that phosphorus in 72% of the lake area in Scotland could be mitigated at a cost of £5.7 million (€7 million) per year, which is considered a proportionate or reasonable cost given the resulting social benefits.

A new study has developed a system to assess the potential of ecosystems to supply ecosystem services in the EU-25 plus Switzerland and Norway. It is one of the first to use historical and projected data on land use change at a continental scale to estimate the provision of ecosystem services and to assess possible trade-offs between them.

There is increasing policy demand for the ‘scaling-up’ of ecosystem service valuations to a national or regional level, but available methods for doing this are limited. A new study has proposed a new scaling-up methodology and tested it by assessing the impact of climate change on European wetlands.

In economic terms, overfishing can be regarded as borrowing natural capital at a high rate of interest, according to a new study. Combining economic and biological principles, the study develops a concept that expresses overfishing in terms of the ‘interest’ that the fishing industry have to repay in future years as a result of lost income from depleted fish stocks.

Valuations of water quality as an ecosystem service often fail to include related services like recreation or human health, and do not consider the effects of water quality changes due to management. Researchers have now developed a template for valuation that considers multiple services and links management actions to changes in water quality and ultimate economic value.

Researchers have developed a new approach for identifying regions that are most suitable for expanding ecosystem services. This could be used to help inform spatial planning decisions. By modelling ecosystem services’ opportunity costs in relation to agricultural revenue, the study provides a map of suitable areas of ecosystem service expansion in Eastern Europe.

Interactions between population growth, consumption and the use of natural products and services have created an unsustainable pressure on the environment. New research has provided a detailed investigation into the relationships between these three trends, providing insight into how to alleviate these pressures. It concludes they cannot be addressed by market mechanisms or technological advances alone.

Ecosystem services, such as coastal protection or water supply, form an integral part of ecosystem-based adaptation to climate change. However, preserving and restoring ecosystems and their services relies on the economic system that supports these efforts. Ecosystem services will not be best protected by the classic market framework, new research suggests.

Climate change will lead to an increased risk of flooding and huge economic losses if countries do not invest in appropriate adaptation measures, according to a new study. The research estimates the risks posed by flooding to cities around the world and the associated economic losses in 2005 and 2050, and suggests that flood protection must be increased to maintain the same level of risk to coastal cities.

Costs of installing, maintaining and disposing of some green wall systems may outweigh the value of some of their benefits for householders, a recent study suggests. While the researchers omitted some of the wider social benefits, they found that reductions in heating and air conditioning costs, longevity of green walls and increases in property values did not compensate for their costs. The researchers suggest that government incentives to lower set-up costs could significantly increase the walls' economic sustainability.

The use of important ecosystem services, such as carbon storage or hunting, can be estimated through ecosystem accounting methods, a new study demonstrates. The researchers tested models that could help policymakers to understand the capacity of ecosystems to generate ecosystem services, and how these services are used over time.

Following extreme weather events, many countries are unable to afford the costs of providing relief to communities and repairing infrastructure, a new study suggests. The researchers estimate that providing relief on a global scale for events which recur every 10 to 50 years would cost US$3.3 billion (€2.37 billion) annually.

Nudges can foster greener public behaviour but they also raise some moral questions, concludes a recent analysis of behaviour-change schemes. How businesses' behaviour is influenced by consumer concerns for the environment is less clear - and may only result in 'greenwash' - the researchers suggest.

Public support grows for wind farms if they are located away from recreational areas and if they are either fully or partly owned by organisations within the local community. In addition, Swedish consumers would accept bigger bills for electricity generated by wind power if the local population were heavily involved in wind farm planning, a recent survey suggests. This article was updated 30.09.14 to correct an error in the cost of the REC scheme.

A framework to value marine and coastal zone ecosystem services, which acknowledges but transcends monetary value, has been proposed by researchers. Using this approach, coastal managers can integrate the different values placed on ecosystem goods and services by various stakeholders to assess how these values affect planning decisions.

The cost of a Mediterranean marine protected area (MPA) network could be cut by over two thirds if countries surrounding the Sea collaborate in its creation. This is the conclusion of a study that explored how the Convention on Biological Diversity’s goals to protect wildlife through MPAs could be met cost-efficiently.

Emissions of sulphur dioxide (SO2) and nitrogen oxides (NOx) have fallen significantly across Europe since 1960. According to recent research, this is caused by a combination of factors including improved energy efficiency, a changing fuel mix and specific emission control measures. At the same time CO₂ emissions have only increased moderately, mainly due to improvements in energy efficiency.

A process to help identify and value cultural ecosystem services has been developed by researchers and is demonstrated in a recent Black Sea case study. This highlighted the value of anchovies to Turkish identity: respondents to a survey said that they would be willing to pay 135 Turkish lira (€49) per year in order to fund environmental management that protects this culturally important species.

Ecosystems services — the benefits that nature provides to people — are inadequately accounted for in Environmental Impact Assessments, a new study suggests. The researchers used a case study in France to illustrate the substantial economic losses that are incurred as a result of infrastructure development that goes ahead without sufficient consideration of the impacts on ecosystem services.

The environmental and economic costs of a selection of common crops have been determined by a new study, which hopes to improve agricultural sustainability assessments in Europe. The researchers used life cycle analysis on organically farmed tomatoes and pears, and intensively farmed wheat, apples, and lettuce to show the overall impact of agricultural methods.

In the Mediterranean region the demand for natural resources and ecological services is two and half times greater than ecosystems’ capacity to provide them, recent research has found. To meet this demand, countries rely on imports, exposing themselves to price volatility and potential resource shortages. According to the authors, a 10% increase in global prices would particularly impact vulnerable countries such as Jordan, which would see its trade balance worsening by 2.4% of its gross domestic product.

An economic analysis of 14 common categories of waste electric and electronic equipment (WEEE) has highlighted the economic value of bringing e-waste streams into the circular economy. The overall worth is calculated as €2.15 billion to European markets, with a potential rise to €3.67 billion as volumes increase.