Group 1 - The African Comprehensive Climate Risk Management Program in Mauritania has been launched with a total funding of over $12 million, aimed at enhancing climate and weather services for agriculture and livestock sectors [1] - The project will cover five provinces in Mauritania and is designed to support farmers and the private sector in adapting to climate change, while also providing affordable renewable energy [1] - The initiative is part of a larger program involving multiple countries in the Sahel region, with a total funding of $143.4 million aimed at improving the resilience of smallholder farmers against climate change [3] Group 2 - The program has received high praise from various stakeholders, highlighting the urgent need to address the impacts of climate change on economic and ecological systems [2] - The World Food Programme has emphasized the importance of introducing mature experiences in climate risk management, such as small-scale agricultural insurance, to help vulnerable households in rural areas [2] - The project aims to restore thousands of hectares of degraded agricultural, livestock, and forestry land, while also enhancing predictive and preventive capabilities against climate shocks [2]

Core Viewpoint - Chow Tai Fook Life Insurance has expanded its use of Bloomberg's enterprise solutions, adopting MARS Climate to assess, quantify, and manage climate risks and opportunities [1][2]. Group 1: Partnership and Solutions - Chow Tai Fook Life Insurance is leveraging Bloomberg's MARS Climate to analyze various climate scenarios using comprehensive assessment models aligned with the NGFS framework [1]. - The MARS Climate transformation risk model is supported by Bloomberg New Energy Finance's TRACT tool, predicting revenue risks and opportunities under different NGFS climate scenarios [1]. - Bloomberg's solutions aim to enhance efficiency and support business expansion for clients like Chow Tai Fook Life Insurance [2]. Group 2: Company Background - Chow Tai Fook Life Insurance has a history of nearly 40 years and is one of Hong Kong's leading life insurance companies, originally established as Fortis Insurance [3][4]. - The company is a wholly-owned subsidiary of Chow Tai Fook Enterprises and aims to provide personalized planning, lifelong protection, and quality experiences for clients [4].