financial impacts
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2021 ◽  
Vol 11 (1) ◽  
pp. 32
Author(s):  
Annalisa Andaloro ◽  
Graziano Salvalai ◽  
Gabriele Fregonese ◽  
Linda Tso ◽  
Giulia Paoletti

Energy efficiency in the building sector is a priority of the EU Commission to achieve carbon neutrality by 2050. Renovation of the existing buildings, which are currently responsible for approximately 40% of EU energy consumption and 36% of the greenhouse gas emissions can lead to significant energy savings. This paper presents the EEnvest calculation method for evaluating the financial impacts of technical risks related to energy-efficient renovation of commercial office buildings. The evaluation method aims to increase investors’ confidence and boost investments in the renovation of the existing building. Through a series of Key Performance Indicators (KPI), the technical and financial risks impact is evaluated. The results are strictly connected to building features, climatic conditions, solution sets and mitigation measures specific to the building energy efficiency project.


Author(s):  
Daksh Hardaswani

The novel corona virus disease (COVID-19) is a pandemic due to the global health crisis it has created in the world and greatest challenges that it has introduced in this 21ST century. COVID-19 is the the 5th pandemic which was first reported in Wuhan, China and gradually spread into the other parts of the world. This virus is a spillover of an animal virus and then also adapted the ability of transferring human to human. The virus is highly contagious due to rapid spread and constantly evolves in the human population.  COVID-19 pandemic is a lot more than just a health emergency, but it is also socio-economic because people are losing jobs and income. The COVID-19 disease affects physical and mental health due to isolation. Moreover, more and more countries are affecting the cases of COVID-19 which are rising very rapidly day by day. Therefore, every country needs to several actions which accelerates their safety health, balance between the protection of health, prevent economic and social disruption due to this pandemic. In the spirit of the solidarity, we all need to be contributing our self to protect this situation. However, every country is equally responsible for determining the measures to prevent or decrease the viral transmission. Government authorizes also trying to act for reduce disease’s trajectory and they focus on develop the vaccination and therapeutic drugs.  Aim: To find causes, symptoms, awareness, Prevention, and treatment of COVID-19. Conclusion: The world is going by the critical situation and that is COVID-19 pandemic which is originated due to corona virus. Shortness of breath, fever and dry cough are most common symptoms of the novel corona virus. COVID-19 is highly contagious, so we must keep safe distance from other people and wear a mast hand wash our hands frequently. As it were together can we overcome the interwoven wellbeing and social and financial impacts of the widespread and anticipate its acceleration into an extended compassionate and nourishment security catastrophe, with the potential misfortune of as of now accomplished advancement picks up. 


2021 ◽  
Author(s):  
Keith Bradford Critzer ◽  
Douglas Andrew Colbert

Abstract This paper presents a broad overview of the current state of the oil and gas engineering, procurement, and construction (EPC) contractor base following a period of challenging market conditions, subsequent owner/operator investment deferments, and the resulting financial impacts to the contractor base. These factors have caused a reduced tolerance for oil and gas volatility and a reduced appetite for lump sum contract risk. This paper identifies alternative contracting approaches to traditional competitively bid lump sum contracting. These alternative approaches result in a better understanding and assignment of risk between owner/operator and contractor, encourage continued participation by contractors in the oil and gas sector, and increase the probability of successful project outcomes.


2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 242-242
Author(s):  
Madonna Harrington Meyer

Abstract How does marital status shape grandparent care work when grandchildren have disabilities? Based on 50 in-depth interviews with grandparents who provide various types of care for grandchildren with disabilities, we find that marital status shapes care work in three distinct ways: (1) Many who are married describe both grandparents working as a team to provide vital care; (2) Some who are married describe spouses, primarily grandfathers, who are either unable or unwilling to provide care; and (3) Many who are not married, primarily grandmothers, describe providing relatively high levels of care and support despite relatively low resources. While nearly all report a great deal of joy and satisfaction with their care work, those who are single, have greater care responsibilities, and fewer resources are more likely to report adverse social, emotional, physical, and financial impacts. More robust social policies could alleviate the impact of marital status on grandparent care work.


2021 ◽  
Vol 20 ◽  
pp. 16-20 ◽  
Author(s):  
Gregory S. Sawicki ◽  
Aricca D. Van Citters ◽  
Olivia Dieni ◽  
Kathryn A. Sabadosa ◽  
Anne Willis ◽  
...  

2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 1014-1014
Author(s):  
Walter Dawson ◽  
Nora Mattek ◽  
Sarah Gothard ◽  
Jeffrey Kaye

Abstract The COVID-19 pandemic has greatly impacted the economic security of millions of older adults. Job loss and reductions in personal income were significant in 2020 stemming from pandemic-induced shutdowns that temporarily closed large swaths of the U.S. economy. Yet, the specific financial impacts of the pandemic on older adults, including family care partners, are not well understood. To understand the COVID-19 pandemic’s effects on the health and financial well-being of older adults, we gathered data from the Research via Internet of Technology and Experience (RITE) Study, a longitudinal survey panel providing data from thousands of participants of various ages and backgrounds in the U.S. on their use of healthcare and technology (N=1,365). We measured by population strata including age, sex, and education and other characteristics including caregiver status. Adults between 20-40 years of age experienced the highest rate of job loss and reduction in wages (33%) as a result of the pandemic, while adults aged >70 years experienced the lowest rate (12.5%). However, adults aged 50-60 and 60-70 also experienced relatively high levels of job loss at (28.4% and 25.7%, respectively). Behavior changes and disruptions to typical routines to avoid COVID-19 infections may have contributed to job and personal income loss amongst Individuals aged 50-60 and 60-70. However, these findings suggest potentially high levels of economic insecurity amongst individuals who continue to work into late-life. These results may help policymakers understand how to better tailor interventions and policies to mitigate economic insecurity, particularly for populations disproportionately impacted by the pandemic.


2021 ◽  
Author(s):  
Song Wang ◽  
Lawrence Khin Leong Lau ◽  
Wu Jun Tong ◽  
Kun An ◽  
Jiang Nan Duan ◽  
...  

Abstract This paper elucidates the importance of flow assurance transient multiphase modelling to ensure uninterrupted late life productions. This is discussed in details through the case study of shut-in and restart scenarios of a subsea gas well (namely Well A) located in South China Sea region. There were two wells (Well A and Well B) producing steadily prior to asset shut-in, as a requirement for subsea pipeline maintenance works. However, it was found that Well A failed to restart while Well B successfully resumed production after the pipeline maintenance works. Flow assurance team is called in order to understand the root cause of the failed re-start of Well A to avoid similar failure for Well B and other wells in this region. Through failure analysis of Well A, key root cause is identified and associated operating strategy is proposed for use for Well B, which is producing through the same subsea infrastructure. Transient multiphase flow assurance model including subsea Well A, subsea Well B, associated spools, subsea pipeline and subsea riser is developed and fully benchmarked against field data to ensure realistic thermohydraulics representations of the actual asset. Simulation result shows failed restart of Well A and successful restart of Well B, which fully matched with field observations. Further analysis reveals that liquid column accumulated within the wellbore of Well A associates with extra hydrostatic head which caused failed well restart. Through a series of sensitivity analysis, the possibility of successful Well A restart is investigated by manipulating topsides back pressure settings and production flowrates prior to shut-in. These serve as a methodology to systematically analyze such transient scenario and to provide basis for field operating strategy. The analysis and strategy proposed through detailed modelling and simulation serves as valuable guidance for Well B, should shut-in and restart operation is required. This study shows the importance of modelling prior to late life field operations, in order to avoid similar failed well restart, which causes significant production and financial impacts.


2021 ◽  
Vol 9 ◽  
Author(s):  
Erin F. Carlton ◽  
Scott L. Weiss ◽  
Hallie C. Prescott ◽  
Lisa A. Prosser

Sepsis, life-threatening organ dysfunction secondary to infection, hospitalizes nearly 75,000 children each year in the United States. Most children survive sepsis. However, there is increasing recognition of the longer-term consequences of pediatric sepsis hospitalization on both the child and their family, including medical, psychosocial, and financial impacts. Here, we describe family spillover effects (the impact of illness on caregivers) of pediatric sepsis, why measurement of family spillover effects is important, and the ways in which family spillover effects can be measured.


2021 ◽  
Author(s):  
◽  
Ferdinand Coenraad Balfoort

<p>The objective of this thesis is to identify and determine the way in which academic business research has evaluated or determined corruption, bribery and fraud in financial and accounting reporting in China and Indonesia. A subsidiary purpose was to identify how academic accounting researchers have accommodated particular ethnic and cultural aspects in their research. Very few accounting related results were found, especially those linking all variables in a conclusive and convincing manner. This appears to be caused by a lack of agreed definitions of key terms, a confusion over terminology, usage of discredited and myopic models, and an absence of any specific reported financial impacts on both the accounting profession and society globally. As a consequence, only parts of the “proverbial elephant as described by five blind men” (Duen, 2008, Silverstein, 2012) were identified by various authors, and mostly independently of each other. These thesis findings create an opportunity and a challenge for future researchers in this field to take a much more comprehensive approach, incorporating both quantitative and qualitative methods, with the aim of addressing the connection between ethnicity, accounting and corruption in much clearer perspective. In marrying the normally standalone quantitative with qualitative methods it is expected that researchers will be able to achieve a hitherto elusively holistic understanding of the complex layers that propel and impel cultural norms and ethnicity. In order to do this, it is suggested that future researchers consider the application of an embedded research methodology, supported by much broader and deeper analysis and understanding of the various layered ecological influences, as advocated by academics and thought leaders of society alike.</p>


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