Industry Investment Rating - The report does not explicitly provide an overall industry investment rating, but it highlights significant trends and opportunities in the Property and Casualty (P&C) Insurance sector for 2025 [2][4] Core Themes - The report identifies three broad themes for 2025: **Customer First**, **Enterprise Management**, and **Intelligent Industry** [4][6][7][8] - **Customer First**: Focus on transforming customer experience through omnichannel interactions and personalized products [6] - **Enterprise Management**: Revamping processes and operations to improve agility and cost efficiency [7] - **Intelligent Industry**: Leveraging modern digital solutions to transform the value chain from design to delivery [8] P&C Insurance Trends - **Customer Centricity**: Insurers are rebuilding customer experiences to maximize win rates, cross-sell, and up-sell opportunities [9][13] - **Policies in Force**: Personal line leaders are prioritizing growing policies in force over re-underwriting the book [9][17] - **Underwriting Workbenches**: Commercial line insurers are investing in advanced underwriting platforms for competitive advantage [9][36] - **High-Speed Pricing**: Insurers are building capabilities for rapid recalibration of risk models and pricing to keep up with market changes [9][44] - **Cost Take-Out**: Insurers are shifting operating models and technology strategies to achieve scaled efficiencies [9][55] - **Broker and Agent Engagement**: Carriers are driving distribution partner engagement through simple, fast, and easy experiences [9][62] - **Process Revolution**: AI and Gen AI are streamlining processes across the value chain [9][71] - **Strengthened Security**: Insurers are investing in security capabilities to protect against massive breaches [9][79] - **Value from Data**: Data estate renovations are making the right information available across the value chain [9][87] - **Niche Market Innovation**: Carriers are exploring innovative offers in cyber, pet, parametric, and other small markets [9][95] Health Insurance Trends - **Personalization through Partnerships**: Collaborations with hospitals and tech companies are helping insurers develop personalized care plans [9] - **Expanded Coverage**: Alternative care delivery is widening to include behavioral, virtual, specialty, and home health [9] - **Legacy Modernization**: Rising healthcare costs are driving insurers to digitize core systems for accessibility and affordability [9] Life Insurance Trends - **Modern Experiences**: Insurers are revamping customer experiences with modern capabilities to increase engagement and retention [10] - **Non-Insurance Services**: Value-added services for the silver economy are enhancing customer lifetime value [10] - **Advisory Capabilities**: Intelligent technologies are helping agents and brokers assess clients and personalize recommendations [10] Sustainability Trends - **Sustainable Product Opportunities**: Growth in eco-friendly debt instruments and insurance products is being observed [10] - **ESG Risk Criteria**: Financial institutions are increasingly incorporating ESG risk factors into investment strategies [10] - **Decarbonization of Portfolios**: Stakeholders are prioritizing low-carbon investments to reduce carbon footprints [10] Key Data Points - **Telematics Adoption**: 72% of commercial insurers offer or plan to offer telematics-based products [46] - **Natural Disaster Losses**: Economic losses from natural disasters reached USD 280 billion in 2023, with insured losses at USD 108 billion [46] - **Cyber Insurance Growth**: Expected to grow from USD 14 billion in 2023 to USD 29 billion by 2027 [97] - **Parametric Insurance Growth**: Projected to reach USD 29.3 billion by 2031, up from USD 11.7 billion in 2021 [97] - **Pet Insurance Growth**: Estimated to grow at a 14% CAGR from 2023 to 2030, reaching USD 18 billion [97] Case Studies - **State Farm**: Added an Accident Assistance feature to its Drive Safe & Save app, enhancing customer satisfaction [24] - **Zurich UK**: Reduced claim time to ~13 minutes and drove a 400% customer adoption growth through video and WhatsApp messaging services [24] - **Markel UK**: Partnered with Cytora to digitize underwriting processes, reducing quote turnaround time from one day to two hours [42] - **Aviva**: Partnered with hyperexponential to implement the hx Renew pricing platform, cutting build time by 75% [49] - **Allstate**: Adopted a cloud-first approach, cutting claim filing time from four minutes to 43 seconds [91]

Wealth Management - Seamless digital experience: Wealth firms are enhancing digital platforms to consolidate services and create seamless customer experiences [1] - Hyper-personalized advisory: AI enables made-to-order investment advice strategies, catering to individual client needs [1] - Bridging generation gaps: Wealth firms are adapting advice to resonate with high-net-worth individuals (HNWIs) across all age groups, especially younger entrepreneurs [1] - Inorganic growth strategies: Wealth firms are seeking external expansion to broaden services and boost revenues [1] - Regulations drive ESG traceability: Wealth firms are implementing ESG asset transparency metrics as regulators standardize sustainability reporting [1] - Digital onboarding: Digital onboarding accelerates client acquisition, improves compliance, and boosts revenue through white-labeling [1] - Unified operating models: Wealth firms are unifying operating models to deliver a consistent experience for HNWIs across geographies [1] - Gen AI for relationship manager efficiency: Generative AI-powered copilots enhance relationship manager productivity [1] - Real-world asset tokenization: Blockchain-powered real-world asset tokens improve liquidity and access [1] - Cloud-native wealth management platforms: Cloud-native platforms enable scalable and cost-efficient wealth management processes [1] Retail Banking - Omnichannel experience: Retail banks are boosting customer experiences across digital platforms, contact centers, and branches [1] - Financial literacy: Financial literacy and personal budget apps are enhancing customer confidence and promoting financial inclusion [1] - Next-gen banking: Retail banks are targeting youth to secure long-term customer lifecycle growth [1] - Operational resilience: Digital operational resilience remains crucial for regulatory compliance [1] - RegTech for compliance: Intelligent RegTech solutions reduce compliance costs and timelines [1] - Deposit growth: Deposit growth continues to be a priority for retail banks, along with lowering funding costs [1] - Onboarding efficiency: Digital identity management is improving onboarding efficiency [1] - AI for efficiency gains: AI is driving productivity by reimagining customer and employee journeys [1] - ESG product strategy: Banks are implementing intelligent ESG product strategies and solutions [1] - Leveraging open finance: Open finance regulations enable retail banks to develop a 360-degree customer footprint [1] Payments - Open finance: Open-finance-based use cases are growing as regulators improve financial data access [1] - Instant payment adoption: Instant payment rails are cannibalizing checks and debit cards, while mobile wallets maintain dominance [1] - POS innovations: POS payment innovations enhance merchant acquisition capabilities and increase consumer credit options [1] - Cross-border payments: Multi-territory instant payment corridors are revolutionizing cross-border payments, offering speed and efficiency [1] - Cloud-based payment hubs: Cloud-based payment hubs provide unified and consolidated multi-rail payment processing capabilities [1] - Multi-rail payment strategy: Multi-rail strategies enhance payment flexibility and offer different payment methods in a single interface [1] - Operational resilience: Regulators are prioritizing operational resilience to foster trust in cashless markets and economies [1] - Decentralized identity: Decentralized digital identity management combats fraud and grants customers greater control over personal data [1] - Remittance transformation: Remittance transformation is reshaping the global financial landscape with plummeting costs and fast transfer times [1] - Data monetization: Payments data is driving innovation and creating new revenue streams [1] Capital Markets - Perpetual KYC revolution: Organizations are digitizing and automating KYC processes to reduce compliance costs and enhance customer experience [3] - Accelerating sustainable lending: Banks are leveraging sustainable finance as a growth engine [3] - Changing investment landscape: The market is shifting due to passive investing, retail investor growth, and geopolitical forces [3] - Efficiencies through collaboration: The industry is moving towards mutualization and strategic outsourcing to reduce post-trade processing costs [3] - Capital efficiency: Global uncertainty and regulatory shifts are driving organizations to focus on capital strategy [3] - Modernized resilient platforms: Legacy system limitations are driving capital markets organizations to modernize core systems [3] - DLT & tokenization: Distributed ledger technology (DLT) and tokenization are transforming the financial services industry [3] - Leveraging Generative AI: Capital markets organizations are using Gen AI to create actionable insights and efficiencies [3] - Global accelerated settlement: The push for a global T+1 settlement cycle continues, with the UK and EU leading the way [3] - Transaction reporting optimization: Firms are focusing on efficiency and control following regulatory rewrites [3] Lending & Leasing - Frictionless Enterprise: Lending firms are providing a seamless omnichannel digital experience for equipment financing [3] - Moving towards Equipment-as-a-Service: The growth of as-a-service models is redefining equipment financing [3] - Embedded finance: Equipment leasing is being transformed with seamless integration of financing solutions [3] - Expanding B2C channels: Digital platforms are being leveraged for scalable growth and enhanced customer engagement [3] - Bespoke Solutions: Customized solutions are being offered in an efficient and cost-effective manner [3] - Green asset financing: Sustainability is reshaping the investment landscape [3] - Navigating the regulatory landscape: There is a shift towards sustainable and transparent lending [3] - Ushering digital transformation: Data-driven management and decision-making are being leveraged [3] - Simplifying and standardizing processes: AI and ML technologies are being integrated across geographies and business lines [3] - Balancing automation with human expertise: AI and ML are being used for efficiency while preserving human judgment [3] Sustainability - Sustainable product opportunities: Growth in innovative and eco-friendly debt instruments and insurance products is being observed [3] - Sustainability service opportunities: Financial institutions are supporting clients to accelerate their net-zero transition [3] - ESG risk criteria: Financial institutions are increasingly incorporating ESG risk factors into investment strategies [3] - Increased regulation: Enhanced regulatory frameworks and reporting are reshaping corporate accountability [3] - Industrialized climate risk modeling: Financial institutions are intensifying efforts to assess and manage climate-related risks [3] - Greenwashing and greenhushing: Financial institutions face scrutiny from customers, activists, and regulators [3] - Decarbonization of portfolios: Stakeholders are prioritizing low-carbon investments to reduce carbon footprints [3] - Sustainability as corporate DNA: Enterprise-wide sustainability is being integrated into operations, products, and supply chains [3] - Gen AI aiding sustainability: Gen AI is enabling innovative ways to implement sustainability in financial services [3] - Going beyond carbon emissions: Financial services are broadening ESG strategies to include social and biodiversity factors [3] Key Companies and Innovations - Klarna: Partnered with Worldpay to offer flexible payment options, including buy now/pay later, simplifying integration for merchants [9] - Wero: Launched by the European Payments Initiative (EPI), offering instant money transfers using phone numbers and QR codes [13] - Pix: Brazil's instant payment system expanded to Europe, enabling QR payments at Barcelona airport [14] - WorldFirst: Launched real-time cross-border payments for small and medium businesses in over 200 markets [25] - Partior: A DLT payment network enabling real-time, multi-currency clearing and settlement for cross-border payments [25] - Security Bank: Partnered with ACI Worldwide to modernize payment infrastructure and offer real-time payment solutions [34] - Abu Dhabi Islamic Bank: Launched a cloud-native payment hub to enhance cross-border transfer speed and efficiency [34] - HSBC: Launched the multi-currency app Zing, enabling transactions in over 200 markets using Visa's network [41] - Alexbank: Partnered with Mastercard to enhance payment solutions, focusing on fraud detection and cybersecurity [41] - Mastercard: Expanded payment resiliency solutions to ensure seamless card payments [49] - DBS Bank: Invested USD 58 million to improve technology resiliency after digital disruptions [49] - MUFG: Collaborating on a decentralized digital identity initiative using distributed ledger technology [92] - HSBC: Prototyping a decentralized digital identity solution for internal account opening [92] - CIBC: Partnered with Visa to send money via digital wallets to key remittance destinations [97] - Mox Bank: Partnered with Wise to provide express international money transfers with reduced costs [97] - JPMorgan Chase: Introduced Chase Media Solutions, leveraging customer data for targeted retail deals [99] - PayPal: Launched an ad sales business leveraging user behavior data for targeted advertising [99]

Industry Overview - The Healthcare and Life Sciences industry in Latin America is highly regulated, with a focus on price control mechanisms, public health system access, and private healthcare plan regulations [2] - The report covers key markets including Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela [2] Argentina - Marketing Authorization holders can set pharmaceutical prices but must inform ANMAT's registry [5] - In 2020, authorities regulated the price of a specific orphan drug and froze prices of certain pharmaceuticals to prevent inflation-driven increases [5] - Health insurance providers are subject to strict regulations, including minimum mandatory coverage, with courts sometimes requiring specific treatments to be included [6] - ANMAT grants import and manufacturing licenses, controls GMP adherence, and grants marketing authorizations [7] - CONETEC evaluates and issues recommendations on health technologies for incorporation into the health system [7] Brazil - CMED sets drug price limits, stimulates competition, and applies penalties for violations [13] - Innovative drugs are subject to international price comparison, while generics must be at least 65% of the reference drug price [13] - SUS drugs are selected and standardized in the National Essential Medicines List, with CONITEC evaluating and recommending drugs for incorporation [14] - ANS regulates private health plans and incorporates technologies recommended by CONITEC after March 2022 [15][16] Chile - There are no price controls for pharmaceuticals, but proposed Pharmacy Law II may introduce them [20] - The Ministry of Health updates the National Formulary with advice from a Technical-Scientific Commission [21] - Access to private health plans is not regulated, and there is no minimum coverage [19] Colombia - CNPMDM controls prices, with a supervised freedom regime for most medicines and direct control for specific ones [24] - The public health system is divided into Subsidized and Contributory regimes, with the Ministry of Health determining covered medicines and services [25] - Private health plans are regulated by the Superintendent of National Health and the Financial Superintendence [28] Mexico - Pricing in the private market depends on patent protection, with international price referencing for patented products [31] - The National Formulary of Medical Products is managed by a Commission, with additions requiring economic evaluation studies and binding price letters [32] - Access to private health plans is not regulated, and only a small percentage of the population has access [33] Peru - There are no pharmaceutical price regulations [36] - The Essential Health Insurance Plan (PEAS) specifies minimum benefits for public, private, or mixed health insurance [37] - The Ministry of Health reviews and updates the Single National Petition for Essential Medicines (PNUME) [38] Venezuela - The Fair Price Law allows a maximum profit margin of 30%, but enforcement has been absent for the last three years [41] - The Ministry of Health and SUNDDE are responsible for applying the Fair Price Law [41] - Health insurance policies are regulated by the Insurance Activities Law, which does not provide for mandatory minimum coverage [42]

Industry Investment Rating - The report does not explicitly provide an industry investment rating [1] Core Viewpoints - The report focuses on regulations governing the status and transfer of players, including contracts, third-party influence, and special provisions for female players and minors [4][7][32] - It emphasizes the importance of maintaining contractual stability between professionals and clubs, with specific rules for terminating contracts and compensation [13][14][17] - The report outlines the procedures for international transfers, including the use of the Transfer Matching System (TMS) and training compensation mechanisms [48][57][79] Third-Party Influence and Ownership - Clubs and players are prohibited from entering agreements with third parties that allow participation in future transfer compensation [19] - Existing agreements must be recorded in TMS by the end of April 2015, with full details of the third party, player, and agreement duration [20] Special Provisions for Female Players - Contracts cannot be invalidated based on pregnancy, adoption, or family leave [8] - Clubs must respect female players' rights related to menstrual health, allowing absence from training or matches with full remuneration [31][521] International Transfers Involving Minors - Minors can only be transferred under specific exceptions, such as transfers within the same country or for academic reasons [34][37] - Clubs must provide adequate football education and living standards for minors [11][35] Training Compensation and Solidarity Mechanism - Training compensation is payable when a player is registered as a professional for the first time or transferred before the age of 23 [79] - The solidarity mechanism requires 5% of transfer compensation to be distributed to clubs involved in the player's training [396] Jurisdiction and Dispute Resolution - FIFA has jurisdiction over employment-related disputes between clubs and players of international dimension [29][57] - The Football Tribunal can impose sanctions for breaches of contract, including registration bans and fines [24][466] Annexes and Additional Provisions - Annexes cover the release of players to association teams, employment of coaches, and international transfer procedures [92][170][208] - Temporary rules address the exceptional situation deriving from the war in Ukraine [269]

Industry Overview - The Middle East is among the world's fastest-growing regions, with GDP forecast to rise above 4% next year [3] - Urban population in the Middle East is expected to increase by 30% from 2020 to 2030, with 90% of GCC residents projected to live in cities by 2050 [3] - KSA plans to build over 500,000 housing units by 2030, representing around 8% of the current housing stock, alongside transformative giga projects [3] Community Engagement Strategies - Effective community engagement in the Middle East requires culturally sensitive strategies that respect local hierarchies, family, tribal, and business networks [6] - Developers should work closely with local authorities to align sustainability goals with local interests, using education and awareness initiatives to resolve conflicts [6] - Agile engagement processes are needed to match the rapid pace of development, such as on-demand consultation models and hosting sessions at local mosques or community hubs [6] Key Success Factors - Preserving cultural heritage while embracing modernization is crucial for gaining local trust and support, as seen in KSA's integration of cultural elements into development plans [27][29] - Providing economic opportunities through skills development and local employment initiatives has been pivotal in the success of projects, aligning with KSA's Vision 2030 goals [8][43] - Engaging youth in development processes is essential, as the younger demographic in the Middle East is more progressive and their involvement is key to sustainable development [36] Urbanization and Development - Urbanization and development are central to national strategies for economic growth and diversification in the Middle East [13] - The rapid pace of urbanization in KSA, driven by ambitious goals like Vision 2030, requires tailored community engagement and capacity building to ensure long-term success [19][38] - Community-led initiatives are necessary to address urbanization challenges, ensuring that infrastructure development meets the needs of all stakeholders [45] Case Examples - In KSA real estate development projects, local tribes and communities were actively involved in planning, with efforts to integrate local culture and provide skills development programs [42] - Another KSA project focused on creating jobs and business opportunities for local residents, balancing tourism development with environmental conservation through community input [42]

Event Overview - The 5th FIFA Compliance Summit will take place in Rio de Janeiro, Brazil, from 9 to 10 April 2025 [19] - The event aims to support FIFA's 211 member associations by covering key compliance areas such as compliance programme development, governance, risk management, and internal audit practices [2] - The summit will include presentations and interactive workshops tailored to member associations at various stages of their compliance journeys [2] Event Logistics - The event will be conducted entirely in English with simultaneous interpreting into French and Spanish [3] - FIFA will cover the cost of economy-class travel, visa fees, and accommodation in Rio de Janeiro for the event days [3] - Each member association is invited to send one delegate responsible for compliance matters to attend the event in person [25] Event Programme Highlights Day 1 - 09:00 Official opening by Ednaldo Rodriguez (CBF) and Emilio Garcia Silvero (FIFA) [29] - 09:30 Session on "How to be wildly effective in compliance" by Kristy Grant-Hart [23] - 10:45 Roundtable discussion on "Governance in the sports industry" [33] - 13:30 Workshop on "Future-proof audits – Technology & AI in internal audit" by Anja Zumkeller and Edyta Idzikowska (FIFA) [34] - 16:00 Session on "The Financial Governance Guide" by Christoph Suppiger (FIFA) [30] - 17:00 Closing remarks and group picture [31] - 19:00 Dinner [32] Day 2 - 09:00 Welcome and recap of Day 1 [17] - 09:30 Session on "Beyond the trophy – How good governance drives football excellence" by Mauro Silva (Federação Paulista de Futebol) [8] - 14:30 Workshop on "Goalkeeper's guide to creating a risk management gameplan" by Ken Liddle (FIFA) [9] - 16:00 Feedback session [10] - 16:30 Official closing [18] Additional Information - A formal invitation detailing registration, travel, and accommodation arrangements will follow [20] - For questions, contact Zelin Xu, Independent Committees & Legal Projects Manager, at compliancesummit@fifa.org [26]

Industry Investment Rating - The report highlights Open Digital Architecture (ODA) as a transformative trend in the telecom industry, positioning it as a key enabler for growth and innovation [55][56][57] Core Viewpoints - ODA represents a fundamental shift for telecom operators, enabling faster innovation, cost efficiencies, and customer-centric business models [3][7][25][34] - The adoption of ODA will allow CSPs to transition from asset-centric to solution-centric organizations, with greater flexibility in product and service offerings [3][7][74] - ODA's modular and interoperable nature reduces vendor lock-in, lowers innovation costs, and accelerates time-to-market for new services [61][74][75] - The integration of 5G, edge computing, AI, and IoT will drive ODA adoption, enabling CSPs to offer faster, more reliable, and innovative services [32][68][97] Key Benefits of ODA - **Cost Efficiencies**: ODA reduces the cost of innovating on CSP tech stacks through automation, shorter development times, and universal design principles [25][61][77] - **Faster Deployment**: ODA's cloud platform allows for faster and less expensive deployment and scaling of new propositions [75][112] - **Customer-Centricity**: ODA enables CSPs to offer tailored services and packages, improving customer experience and capturing more value [34][76][92] - **Business Model Innovation**: ODA facilitates the creation of new business models and revenue streams through its flexible and modular architecture [60][76][86] Challenges and Risks - **Security Risks**: ODA increases the attack surface for CSPs, making cybersecurity a critical consideration during the transition [27][64][65] - **Migration Risks**: Integrating legacy systems with ODA can lead to compatibility issues, data migration hurdles, and unforeseen costs [67][77] - **Cultural Change & Skills Gap**: Transitioning to ODA requires proficiency in cloud-native technologies and API management, necessitating investment in training and recruitment [30][83][106] - **Regulatory Compliance**: The telecom industry's stringent regulatory environment demands rigorous adherence to data protection, privacy, and security standards [47][80] Strategic Recommendations for CSPs - **Embrace Innovation**: Actively adopt ODA-related technologies to stay competitive and enhance customer experience [37][101] - **Prioritize Customer-Centricity**: Tailor services based on deep customer insights and data analytics [92][101] - **Drive Operational Excellence**: Continuously optimize processes and infrastructure using agile methodologies [50][103] - **Form Strategic Partnerships**: Collaborate with vendors and partners to access cutting-edge technologies and capabilities [38][103] - **Invest in Workforce Development**: Equip employees with the necessary skills and foster a culture of continuous learning and collaboration [106][103] Future of ODA - ODA is expected to become an industry standard, driven by technological advancements, industry collaboration, and evolving customer expectations [97][100] - The competitive landscape will shift with new market entrants, disruptive business models, and increased focus on differentiation and value-added services [86][97] - CSPs must adapt to the evolving ODA landscape by focusing on innovation, customer-centricity, operational excellence, and strategic partnerships [110][93]

Industry Investment Rating - The report does not explicitly provide an investment rating for the industry [1] Core Viewpoints - The roadmap emphasizes a global approach to Greenhouse Gas Removal (GHGR) rather than a national one, aiming for a comprehensive understanding of global scaling needs [2] - The goals are based on achieving global climate alignment, with thematic areas discussing what global stakeholders need to advance GHGR [2] - Initiatives are designed with a global perspective, including targets and milestones specified in global terms [2] Stakeholder Engagement - Government actors are crucial for developing deployment practices, establishing GHGR targets, and ensuring equitable and safe development [3] - Stakeholders include GHGR companies, purchasers, MRV developers, financial institutions, philanthropic funders, and community-based organizations [5] - Each stakeholder group has specific roles in advancing GHGR, such as innovation, community engagement, and financing [5] Science and Technology - Science and technology are foundational for GHGR, encompassing basic research, applied research, and the development of prototypes and pilot projects [6] - Deployment-led learning through pilot projects is a near-term priority, with the U S Department of Energy allocating $100 million over five years for such projects [8] - The focus for the next 10 years should be on pilot-scale testing, accompanied by applied research to solve technical barriers [10] Socio-Behavioral and Communities - Communities at risk, including those hosting GHGR activities, must shape GHGR development to their benefit [13] - Procedural justice initiatives focus on early engagement of GHGR communities in decision-making processes related to research, siting, deployment, and MRV practices [15] Finance and Markets - Voluntary markets, such as Frontier's commitment to buying over $1 billion of durable carbon removal between 2022 and 2030, are important for incubating frameworks and standards [18] - Unlocking scaled capital expenditure (capex) financing for first-of-a-kind (FOAK) projects is a key barrier to GHGR deployment [20] Policy and Regulation - Policy and regulation are critical for establishing governance, permitting, and regulatory structures for GHGR [22] - Governments should establish GHGR removal targets tailored to local needs and strengths, separate from decarbonization targets [23] Technological Approaches - Air CDR, including Direct Air Capture (DAC), is a prominent approach with commercial-scale projects being deployed [31] - Ocean CDR approaches vary in technological readiness and require better understanding of ocean baselines and biogeochemistry [33] - Land CDR approaches, such as biochar and BECCS, are more ready for deployment than air, ocean, or rock CDR [85] - Rock CDR involves accelerating natural weathering or mineralization processes, with potential for integration into existing industries [70] Research Priorities - Research priorities for ocean CDR include advances in microalgae cultivation, environmental monitoring, and hardware development [51] - Land CDR research priorities include improved life cycle assessments, novel biomass storage processes, and optimization of BECCS equipment [61] - Rock CDR research priorities include siting analysis, global distribution of mineral resources, and development of modeling tools [101] Barriers to Deployment - Barriers to ocean CDR include deployment and monitoring hardware, environmental impacts, and regulatory frameworks [56] - Land CDR faces challenges related to durability, life cycle assessments, and sustainable biomass production [68] - Rock CDR barriers include mineralization rates, environmental impacts, and feedstock inventory [106] Non-CO2 GHGR - Non-CO2 GHGR focuses on removing methane and nitrous oxide, which have significant warming impacts and increasing atmospheric concentrations [107] - The technological maturity of non-CO2 GHGR is low, with most approaches not yet past TRL 2 [127] - Research priorities for non-CO2 GHGR include novel technological approaches, improved monitoring, and coupled Earth systems models [132] Decadal Initiatives - The roadmap outlines three decadal periods (2024-2030, 2030-2040, 2040-2050) with specific milestones for each [165] - The first decadal period focuses on emerging GHGR technologies, community engagement, and establishing permitting structures [194] - The second decadal period emphasizes adoption of GHGR, with a focus on workforce development, infrastructure build-out, and scaled financing [205] - The final decadal period aims for expansion of GHGR, achieving a gigaton-scale industry with sustained growth rates [165] Market Infrastructure and Demand - Market infrastructure development includes harmonized accreditation, certification, and risk management standards [221] - Demand for CDR credits must rise to $40-$60 billion per year to achieve scaling goals, with a shift toward publicly mandated procurement by 2030 [204] Workforce Development - Workforce development programs should focus on approach-specific training, creating safe, well-paying jobs for local community members [222] Political Support and Public Engagement - Political support is essential for establishing stable, scaled, long-term demand for CDR, with governments increasing incentive programs and building new procurement frameworks [204] - Public engagement efforts should include evidence-based journalism and community advocacy to build awareness and support for GHGR [223]

Industry Overview - The Canadian agriculture sector is a significant contributor to the economy, generating $143.8 billion (7% of GDP) and employing 2.3 million people (1 in 9 jobs) in 2022 [129] - Canada is a top global exporter of agricultural commodities like wheat and canola, with agri-food exports reaching a record $82 billion in 2022 [129] - The sector is highly fragmented, with 96,702 sole proprietorships, 45,059 partnerships, and 43,233 family-owned corporations operating farms in 2021 [134] Emissions Profile - Agriculture accounted for 10% of Canada's total GHG emissions in 2021, emitting 69 Mt CO2e [137] - Emissions increased 35% from 1990 to 2021, driven by a doubling of crop production emissions [117] - CH4 from enteric fermentation (41%) and N2O from fertilizer use (33%) are the largest sources of agricultural emissions [118] - Beef cattle are the main contributor to enteric fermentation emissions (81%), followed by dairy cattle (15%) [161] Key Subsectors - The top 5 crops (canola, wheat, soybeans, corn, cannabis) account for 62% of total crop receipts [130] - The top 3 livestock categories (cattle, unprocessed milk, hogs) contribute 75% of total livestock receipts [133] - Beef production emitted 22 Mt CO2e in 2016, the largest share of agricultural emissions [167] Decarbonization Progress - Dairy emissions intensity decreased from 1.03 kg CO2e/liter in 2011 to 0.94 kg CO2e/liter in 2016 [108] - Beef emissions intensity fell from 12.6 kg CO2e/kg live weight in 2013 to 10.4 kg CO2e/kg live weight in 2021 [108] - Canadian canola, wheat, lentils and peas are less carbon-intensive than the same crops grown in France, Germany or the US [108] Target Setting - The SBTi FLAG methodology provides a framework for setting science-based emissions reduction targets in agriculture [25] - FLAG has two approaches: sectoral pathway (-3.03%/year reduction) and commodity pathway for 9 key agricultural products [28][29] - Rabobank and Nordea are among the financial institutions that have adopted SBTi FLAG for target setting [14] Challenges - Measuring emissions is complex due to diverse practices, regional variability, and lack of granular client data [279][280] - Smallholder farmers face barriers to adopting low-carbon practices due to slim profit margins and high upfront costs [124] - Balancing emissions reductions with increasing food production to meet growing global demand is a key challenge [125]

Industry Overview - The report focuses on the World Hand Hygiene Day (WHHD) 2025 campaign, emphasizing the importance of hand hygiene in healthcare settings and its alignment with broader infection prevention and control (IPC) strategies [2][3] - The campaign aims to promote global hand hygiene, particularly in healthcare, with a focus on fresh ideas to motivate healthcare workers and the IPC community [2] - The theme for WHHD 2025 will align with the campaign's core message, be easy to communicate, and provide practical actions for healthcare workers [2] Key Themes for WHHD 2025 - **WASH Infrastructure**: The campaign could focus on improving hand hygiene linked to water, sanitation, and hygiene (WASH), particularly at the point of care, with considerations for climate and sustainability issues [4] - **Integration of IPC and Hand Hygiene**: This theme highlights the synergy between hand hygiene and broader IPC strategies, ensuring alignment with the IPC Global Action Plan and Monitoring Framework [5] - **Financing for IPC**: The theme targets policymakers, addressing the business case for investing in IPC and hand hygiene as part of overall healthcare funding [5] - **Innovation in Hand Hygiene**: Focus on technological innovations that improve hand hygiene practices, with discussions on the potential of new technologies [6] - **Glove Use and Green IPC**: This theme addresses the misuse of gloves in healthcare settings and explores the environmental impacts of improper glove disposal, linking to sustainable IPC practices [6] Recent Developments and Tools - The WASH framework, led by WHO and UNICEF, complements the Global Action Plan and encourages governments to implement adopted documents [7] - Key documents released include the Infectious Diarrhea and Healthcare Settings Operational Guide, which has been instrumental in shaping IPC and WASH actions during cholera and other infectious diarrhea outbreaks [10] - The Mpox Infection Prevention and Control Measures for Home Care and Isolation document provides guidelines for home care settings, particularly relevant given the ongoing Public Health Emergency of International Concern (PHEIC) status for Mpox [11] - The Mpox Screening Form for Healthcare Facility Entrances was launched to ensure timely detection and prevention of infection spread [12] - The PPE Guidelines for Ebola and Marburg Disease infographic provides proper steps for donning and doffing PPE, relevant to the ongoing Marburg fever outbreak in Rwanda [13] AI and Digital Technologies in IPC - A project presented by Silvana Gastaldi focuses on integrating AI and digital technologies into IPC practices, aiming to enhance IPC strategies through emerging technologies [18][19] - The project will identify AI applications and digital technologies that support IPC implementation, assessing their practical applications, benefits, challenges, and economic aspects [19] - A survey will be launched in November 2024 to collect insights from healthcare professionals on AI and digital technologies in IPC, with results expected to inform IPC professionals on effective technology integration [21][22] Global IPC Network Updates - The WHO IPC Hub coordinates the Global IPC Network (GIPCN), which aims to strengthen national and international collaborations to enhance IPC systems, improve outbreak preparedness, and build capacity for surveillance [29] - The GIPCN meeting discussed updates on IPC progress, including the publication of the Surveillance of Healthcare-Associated Infections (HAIs) handbook, which introduces new HAI case definitions for low-resource settings [36] - The WHO IPC Unit is developing a protocol for conducting point prevalence studies, expected to be issued in early 2025, to provide technical support for surveillance and training [37] Advocacy and High-Level Events - The UN General Assembly's Political Declaration on Antimicrobial Resistance (AMR) in September 2024 highlighted the role of IPC in preventing AMR, with a focus on achieving IPC minimum requirements in all countries [40][41] - The WHO IPC Unit is organizing a session on IPC during the High-Level Ministerial Conference in Saudi Arabia on AMR, presenting the results of a cost-effectiveness study on IPC conducted with OECD [41] - The Italian G7 Presidency will host an event focused on AMR and the One Health approach, where WHO IPC will present OECD data and finalize an investment case document for IPC and WASH in healthcare facilities [42] Environmental Sustainability in IPC - The concept of sustainability in IPC was discussed, with a focus on integrating environmental, social, and health system sustainability into IPC practices [89] - The misuse of gloves and their environmental impact, particularly in relation to waste management and climate change, was highlighted as a key area for IPC improvement [108] - The Infection Prevention Society (IPS) in the UK expressed strong support for environmental sustainability initiatives within IPC, noting it as a priority for their members [105]