Category: Weather

  • MIL-OSI United Nations: RAR24: Lack of investment in disaster prevention threatens Latin America and the Caribbean’s future

    Source: UNISDR Disaster Risk Reduction

    Latin America and the Caribbean face a critical imbalance in resource allocation for disaster risk reduction (DRR). According to the 2024 Regional Assessment Report on Disaster Risk in Latin America and the Caribbean (RAR24), developed by the United Nations Office for Disaster Risk Reduction (UNDRR) – Regional Office for the Americas and the Caribbean, only 6% of the public budget classified as DRR in the examined cases is allocated to preventing future risks, while 16% is dedicated to mitigating existing risks. The vast majority of funding is concentrated on response and reconstruction after disasters.

    This reactive approach carries a heavy economic toll, with annual disaster losses expected to reach $58 billion across the region. Climate-related hazards now account for 83% of disasters, a trend compounded by rapid, unplanned urbanization. With 81% of the population living in cities—many in high-risk areas exposed to floods, hurricanes, and earthquakes—the urgency to shift from response to prevention has never been clearer.

    RAR24 examines Brazil, Guatemala, and Mexico as case studies, recognizing their efforts in implementing budget classifiers that allow for better tracking and analysis of DRR investments. However, the findings reveal that most resources remain allocated to response and reconstruction. These tools represent a crucial step toward identifying gaps and improving investment strategies.

    In Brazil, 0.06% of the national budget was allocated to DRR, with over 70% directed toward response and reconstruction. In Guatemala, 2.32% of the national budget was allocated to DRR between 2014 and 2023, but more than 98% of those funds went to response and reconstruction. In Mexico, 0.29% of the national budget was allocated to DRR, with 99% of it dedicated to response and reconstruction. Tracking these expenditures is essential for redirecting efforts toward prevention and demonstrating the potential for a more balanced approach.

    The report also highlights missed opportunities due to the imbalance in risk management strategies. Early warning systems, which can reduce economic disaster impacts by 30%, and nature-based solutions, which are up to 50% more cost-effective than traditional interventions, remain underutilized due to insufficient investment in prospective risk management—actions aimed at preventing the creation of new risks rather than merely responding to disasters.

    Furthermore, only 5% of disaster losses in developing countries are covered by insurance, compared to 40% in developed nations. This underscores the need for accessible and sustainable insurance schemes, as well as stronger collaboration between governments and the private sector to anticipate risks rather than merely react to them.

    “Latin America and the Caribbean are facing a critical funding gap in disaster risk reduction, with most resources dedicated to response and reconstruction instead of prevention,” said Nahuel Arenas, Chief of the UNDRR Regional Office for the Americas and the Caribbean. “Investing in prospective risk management is not only more cost-effective but also an urgent necessity to protect communities, economies, and ensure a resilient future.”

    RAR24 outlines a roadmap for correcting this imbalance, emphasizing the need to integrate disaster risk reduction as a fundamental pillar of sustainable development. Key recommendations include prioritizing investment in prospective risk management, strengthening intersectoral governance, adopting nature-based solutions, and expanding early warning systems.

    Incorporating DRR into development policies will not only ensure more equitable and resilient growth but also save lives and significantly reduce disaster-related costs. According to the report, every dollar invested in DRR saves four dollars in future losses, reinforcing its strategic role in long-term sustainability.

    Addressing the challenges posed by unequal investment in disaster risk reduction requires a collective and committed effort. DRR should not be seen as an expense but as a critical investment in the well-being of present and future generations. RAR24 not only exposes existing weaknesses but also highlights the tremendous opportunities to build a safer, more equitable, and resilient future for all. 

    MIL OSI United Nations News

  • MIL-OSI USA: Expanding Affordable Broadband Access

    Source: US State of New York

    Governor Kathy Hochul today announced a $26 million ConnectALL grant to Oswego County to construct a fiber-to-the-home network that will expand broadband access to about 10,792 homes, businesses and community institutions across 22 towns and villages. The project will construct 345 miles of fiber infrastructure, significantly expanding high-speed internet access throughout rural areas of the county. This grant is part of New York State’s Municipal Infrastructure Program, which has now awarded over $240 million in funding for broadband expansion projects. Collectively, these investments support the construction of nearly 2,400 miles of broadband infrastructure, reaching about 98,000 locations across New York State.

    “This $26 million investment in Oswego County’s broadband infrastructure represents our commitment to building a more connected New York, where every family and business can access affordable, high-speed internet,” Governor Hochul said. “By partnering with local governments to expand broadband coverage, we’re creating opportunities for economic growth, improving access to health care and education, and ensuring our rural communities are fully equipped to participate in our digital future.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “Expanding reliable broadband connectivity is crucial for New York State’s economic growth. Through ConnectALL’s transformative work in Oswego County, we will help bridge the digital divide and connect thousands of Central New York residents and businesses to the modern digital economy. Through the ConnectALL initiative, we are building the infrastructure needed to provide all New Yorkers with reliable, affordable internet access.”

    Oswego County will own the broadband network and make it available for lease to internet service providers, including Empire Access, on a non-discriminatory and non-exclusive basis. The revenue generated from these leases will support the network’s ongoing maintenance and future expansion. This innovative public infrastructure model ensures sustainable, affordable access while promoting competition among service providers.

    The project specifically targets rural areas with high poverty rates and geographic isolation, addressing critical needs for affordable and reliable broadband service. The expanded connectivity will enhance residents’ access to essential services including:

    • Telehealth resources
    • Remote education opportunities
    • Digital employment platforms
    • Online business services

    Funding for ConnectALL’s Municipal Infrastructure Program has been awarded through the U.S. Department of the Treasury under the American Rescue Plan’s Capital Projects Fund. Broadband infrastructure in the Municipal Infrastructure Program will be owned by a public entity or publicly controlled. Internet Service Providers will use the new broadband infrastructure to provide New Yorkers with affordable, high quality service options.

    Oswego County Legislature Chairman James Weatherup said, “For more than a decade, we have been working to identify a funding source that would enable us to reach the areas in our county that, for various reasons, had been ignored by the major corporate Internet Service Providers. The Municipal Infrastructure Program offered by New York’s ConnectAll broadband office fit our needs nicely, allowing us to reach nearly 100 percent of the addresses that had been identified as unserved, as well as many that lacked service sufficient to carry out the needs of an average household. The project, when complete, will support the existing business community, enhance future economic development opportunities, provide a more robust learning environment for children and elevate the quality of life throughout the County. We are very grateful for this affordable opportunity to enhance our communities with these critical infrastructure assets.”

    Governor Hochul’s ConnectALL Initiative

    Governor Hochul has made expanding broadband access a cornerstone of her administration’s efforts to create a more equitable New York. Through the ConnectALL initiative, New York State is investing $1 billion to transform the State’s digital infrastructure, enhance competition among providers and ensure that every New Yorker has access to reliable, affordable high-speed internet.

    To date, ConnectALL has overseen the successful launch and implementation of several programs to advance broadband access, including:

    • The Digital Equity Program, which will invest $50 million, including a federal allocation of at least $37 million, to implement the New York State Digital Equity Plan to close the digital divide. ConnectALL is accepting responses to the Digital Equity Program Capacity Grant Request for Applications through March 24, 2025. ConnectALL will award about $15.5 Million through this Request for Applications to entities and partnerships working to bridge the digital divide.
      The Affordable Housing Connectivity Program, which will bring new broadband infrastructure to homes in affordable and public housing, leveraging a $100 million federal investment from the U.S. Treasury Department’s Capital Projects Fund. The program is currently accepting applications from internet service providers and expressions of interest from housing owners and public housing authorities.
      The ConnectALL Deployment Program, which will fund internet service providers to reach unserved and underserved locations, drawing on an allocation of $664.6 million in federal funding from the Broadband Equity, Access, and Deployment Program, as described in the ConnectALL Broadband Deployment Initial Proposal.

    MIL OSI USA News

  • MIL-OSI Economics: The European Financial Industry of the Future | 6. Frankfurt Digital Finance Conference & European Fintech Day

    Source: Bundesbank

    Check against delivery.

    Ladies and gentlemen,

    I’m glad to join you today at the “Gesellschaftshaus Palmengarten”. Its history goes back to the 19th century. It was the “Gründerzeit” or “founders’ period” – an era of strong economic expansion in Germany – when this building was constructed. And when Germany was developed as an industrial location. Developed by people, men and women, lead by curiosity, innovation, and a desire to achieve.

    We have to cast our minds back a few years to see times of growth, real innovation and increasing productivity in Europe.

    1 The role of the financial industry

    In the 2010s Germany had a period of solid growth that some called “the golden decade”. 

    Today, however, we see a need for growth and increasing productivity. Hence, our competitiveness is at stake. Not only in Germany, but also in other parts of Europe. And this comes at a time, when we are facing numerous major challenges:

    Consider the significant geopolitical uncertainties of our time – which make a rethink necessary in many respects. Also consider the digitalisation of large parts of our economy, incl. disruptive AI. And think about the climate-related need for an ecological transformation.

    Financing all of this requires a substantial amount of capital.

    This is where the financial industry comes in: The financial industry can act as an enabler of growth in the real economy. Growth that is so much needed right now.

    Looking forward, the financial industry could translate growth potential into real growth in many fields – digitalisation, AI, clean tech, pharma, biotech any many more.

    In sum, there are huge business opportunities for Germany and the EU. And we need the Financial industry to take advantage of the business opportunities. 

    But let us not forget that innovation happens in many places – at start-ups but also at well established companies. We need to make sure that a variety of funding sources are available to support our real economies.

    We need a specific financial ecosystem that enables young, innovative companies to flourish. Be it VC, PE, etc. We need established capital markets. Above all, we need a strong and healthy banking sector that supplies our economy with sufficient credit.

    That means: We need both traditional loans and venture capital. In any case, all the pockets of the financial industry provide the basis for a growing economy. It’s also the basis for the ecological transformation. 

    The German Council of Experts on Climate Change published [a week ago] new figures on the investment needs estimated for the transition towards net-zero economic activity. Those investment needs range between 135 and 255 billion euro – each year for Germany alone.[1] That’s a lot.

    Let’s now have a closer look at the digitalization including AI.

    2 Artificial intelligence: innovation and competitiveness

    The term artificial intelligence (AI) was coined in the middle of the 20th century. But it was the release of ChatGPT in November 2022 that marked a breakthrough. For the first time it became possible to use an AI system without detailed technical knowledge.

    Nowadays almost anyone can use AI. The importance of responsible AI practices on the increase – as highlighted in the latest Declaration by the G20.[2]

    There are important questions – to which, to be honest, there are no simple answers:

    Are the opportunities and risks of AI balanced? 

    Does AI lead to a global fragmentation, to a new barrier between those who use AI and those who don’t? 

    Does AI, as a general-purpose technology, help us better manage economic challenges?[3]

    One example of the latter point: Many societies are lacking skilled labour due to demographic change. Here, the use of AI could provide a solution by increasing efficiency or substituting human services. AI can also help drive innovation. 

    AI enables both incremental and disruptive innovation across all parts of society: 

    • by facilitating faster decision-making
      • optimizing existing processes, 
      • or by collecting, processing and using huge amounts of data.

    It fosters creativity, supports scientific breakthroughs, and unlocks opportunities for entirely new industries and business models – a potential, albeit disruptive, growth engine.

    Nevertheless, human creativity is still a key driver of innovation. In 2023, individuals or SMEs filed almost one in four patent applications in Europe.[4]

    Today, we are at a crucial stage: With international competition on the one side and technical and intellectual skills on the other. AI models from the United States are well-known and often considered state of the art. China in particular has recently come up with new and apparently very efficient language models. However, the discussion about the background is not yet complete.

    In Europe, we have to do our utmost to keep up with the pace. An important initiative recently came from France: In Paris the “EU AI Champions Initiative”, a high-level summit, was held at the beginning of this week.

    President Macron mentioned a funding volume of roundabout € 109 billion for AI in France. This approach is very encouraging for other EU member states. By comparison: USPresident Trump has mentioned USD 500 billion for his “Stargate” plan in the US. 

    Despite these substantial investments, there is no guarantee of success. On the other hand, we must not allow ourselves to be deterred by possible failures. One example is the French AI chatbot LUCIE, which has been taken offline after giving some weird answers. I am sure France will take this as a chance to try even harder.

    The narrative with all kind of innovation is: Accept failure to grow. The pioneers of the “Gründerzeit” – which I mentioned earlier – knew this only too well.

    We need this kind of courage to embrace a “culture of trial and error”. It provides an important impetus to do things better. On the other hand, we have to ensure that new technology does not cause severe damage. Especially because AI is a relatively new technology with unknown potential and consequences for the entire society.

    Risks can arise for the financial system, but much further afield as well. Imagine, risk management or investment advice would be provided mainly by AI. Would this mean that investment recommendations are becoming more and more similar? Would we have concentration of risks? And what consequences would this have for financial stability?[5]

    Even more far-reaching questions concern our society.

    The core question is: What does AI mean for our democracies, for our constitutions, for our fundamental rights? Specifically, we need to ask ourselves: Where is AI beneficial and where do we need clear rules.

    In other words: What are the basic rules for using this technology?

    It is therefore necessary to find a compromise between having the courage to innovate – and clear rules.

    3 Strengthening the financial industry

    Regardless of how we deal with AI, we have to return to the issue of financing its development. As indicated earlier, the financial industry, as an enabler, has an important role to play.

    Given the challenges of our time I mentioned earlier, it is vital to strengthen the European financial industry. 

    Let me highlight only two measures:

    First, we need to get started on improving start-up funding. In 2024, more than 2,700 innovative start-ups were founded in Germany, the second-highest count after the record year of 2021. There is no shortage of innovative concepts and entrepreneurship per se, but implementation is lacking. 

    Further completing the European capital markets union (CMU) is essential in this respect – promoting the development of the VC and private equity market as well as exit options for start-ups. The European Commission’s “Competitiveness Compass”, published recently, 29 January 2025, is a good start. 

    Second, we need to leverage digital technologies to create efficient, integrated and resilient European financial markets. The digital CMU could be a game changer in this respect. 

    Let me make it perfectly clear: Europe is a leader in this field. 

    We at the Bundesbank are engaged in several initiatives. And we have a prominent role to play in the development of a central bank digital currency (wholesale CBDC).

    4 Conclusion

    Ladies and gentlemen, let me sum up: And I can be very brief, but still to the point.

    The European Financial industry has to become an enabler of growth. Our Financial industry is key to ensure that the European economy stays competitive. 

    Thank you very much. 

    MIL OSI Economics

  • MIL-OSI United Kingdom: Trefusis Park works to begin this year

    Source: City of Plymouth

    Work to transform Trefusis Park into a green solution to nearby flooding issues is set to begin later this year.

    The scheme, which was consulted on for a second time in 2024, will see the park become home to a new sustainable drainage system.

    As part of the works a seasonal wetland area will be installed to help reduce the risk of flooding to homes and businesses in the local area by safely storing water during heavy rainfall.

    Having received funding for the scheme from the Environment Agency, we are working towards appointing a contractor in the near future, with the aim of starting work in in the Spring.

    Councillor Tom Briars-Delve, Cabinet Member for the Environment and Climate Change, said: “I’m really pleased that this project is able to progress and that we’ll be able to get spades in the ground in the very near future.

    “This project is not just crucial from an aesthetics and nature point of view but it’s also a key natural solution to flooding.

    “We see time and again what happens when there is heavy rainfall in this area and I hope that residents and businesses in Lipson Vale will welcome this news.”

    The Trefusis Park Flood Relief Scheme has been in development for several years.

    It will provide new wildlife-rich habitats, including the planting of new trees and hedgerow, as well as new paths and seating. In addition, a new amenity pond will be created on the site of the old lake at the southern end of the park. A new half-sized basketball court will also be installed.

    The scheme is required to alleviate flooding in Lipson Vale, particularly at its junction with Bernice Terrace, which has seen high rainfall cause persistent flooding for many years.

    The seasonal wetland basins within the park will store surface water during heavy rainfall, which will then be slowly released back into the drainage system once the rain has passed and the system has capacity again. This will enable the drainage system downstream of the park to cope better and will also mean that roads and pavements will be less likely to close because of flood water.

    The scheme will also allow South West Water to carry out work to stop surface water entering the combined foul sewer upstream of the park. This will further reduce the risk of flooding and improve water quality in the River Plym by reducing the number of combined sewer overflow (CSO) spills that occur during heavy rainfall.

    Once South West Water’s works have been completed, 147 homes in the Lipson Vale area will be better protected from flooding.

    A consultation on the scheme initially took place in November/December 2021 and with the feedback gathered, detailed designs and further environmental plans and surveys were produced. It soon became apparent that to continue with the scheme in its original form, nearly 100 trees would need to be felled, which was clearly at odds with the environmental focus of the project.

    As a result, and following advice from a specialist arboriculturist, a revised design was drawn up, which while still requiring the removal of five trees, significantly reduces the amount that need to be felled. A second public consultation on the revised design took place in October 2024.

    The five trees that need to be removed are set to be felled in late February 2025.

    The Trefusis Park Ponds Project is being delivered by Plymouth City Council in partnership with the Environment Agency and South West Water,

    More details about the scheme and ways in which you can share your views can be found at: www.plymouth.gov.uk/trefusisparkfloodreliefscheme

    MIL OSI United Kingdom

  • MIL-OSI USA: FEMA Is Still Here in South Carolina

    Source: US Federal Emergency Management Agency

    Headline: FEMA Is Still Here in South Carolina

    FEMA Is Still Here in South Carolina

    COLUMBIA, S.C. –If you are a Hurricane Helene survivor of South Carolina on your road to recovery, you should know that FEMA is still here. FEMA, collaborating with South Carolina Emergency Management Division, is focused on finding long-term recovery solutions for individuals and communities affected by the disaster. Survivors who have questions about their application can still contact FEMA online at DisasterAssistance.gov, use the FEMA App for mobile devices or call toll-free 800-621-3362.The telephone line is open daily, and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. For a video with American Sign Language, voiceover and open captions. about how to apply for FEMA assistance, select this link.FEMA programs are accessible to survivors with disabilities and others with access and functional needs. To date, FEMA has provided more than $269 million in federal assistance to more than 242,000 individuals and households affected by Hurricane Helene in South Carolina. This money is offered to help pay for housing repairs, personal property replacement, and other recovery efforts.
    gerard.hammink
    Wed, 02/12/2025 – 13:55

    MIL OSI USA News

  • MIL-OSI USA: Disaster Recovery Centers in Coffee and Lowndes Counties to Close Permanently This Week; FEMA Representatives Relocating

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers in Coffee and Lowndes Counties to Close Permanently This Week; FEMA Representatives Relocating

    Disaster Recovery Centers in Coffee and Lowndes Counties to Close Permanently This Week; FEMA Representatives Relocating

    The Disaster Recovery Centers (DRC) in Coffee and Lowndes counties are set to close permanently this week. FEMA representatives will relocate to the U.S. Small Business Administration (SBA) Business Recovery Center (BRC) and Business Resource Assessment Center (BRAC) to continue assisting survivors for Tropical Storm Debby and Hurricane Helene. DRCs are currently open 8 a.m. to 6 p.m.Coffee County DRC – closing permanently at 6 p.m. Friday, Feb. 14Coffee County Service Center         1115 West Baker Hwy.Douglas, GA 31533Coffee County BRC – FEMA representatives will be here starting 10 a.m. Saturday, Feb. 15Satilla Regional Library200 S. Madison Ave.Douglas, GA 31533Hours: 10 a.m. to 6 p.m., Monday-Thursday; 10 a.m.  to 4 p.m., Friday; 10 a.m. to 2 p.m., Saturday; closed Sunday. Lowndes County DRC – closing permanently at 6 p.m. Saturday, Feb. 15Valdosta State University Foundation, Inc.901 N. Patterson St.Valdosta, GA 31601Lowndes County BRAC – FEMA representatives will be here starting 10 a.m. on Tuesday, Feb. 18Lowndes County Civic Center, 2102 E. Hill Ave. Bldg. DValdosta, GA 31601Hours: Monday – Saturday: 9:00am – 5:00pm Sunday: ClosedThe Feb. 7 deadline for Georgia survivors of Tropical Storm Debby (Aug. 4–20) and Hurricane Helene (Sept. 24–Oct. 30) in the 63 counties designated for Individual Assistance to apply for FEMA disaster assistance has now passed. To check on the status of your application, go to DisasterAssistance.gov. You may also use the FEMA App for mobile devices or call toll-free 800-621-3362. The telephone line is open every day and help is available in most languages. You can also contact the Georgia Call Center at 678-547-2861 for assistance with your application or visit an SBA BRC or BRAC.
    jakia.randolph
    Wed, 02/12/2025 – 13:17

    MIL OSI USA News

  • MIL-OSI USA: Unicoi County’s Ballad Health Hospital Awarded $9.8 Million to Rebuild After Helene Flooding

    Source: US Federal Emergency Management Agency

    Headline: Unicoi County’s Ballad Health Hospital Awarded $9.8 Million to Rebuild After Helene Flooding

    Unicoi County’s Ballad Health Hospital Awarded $9.8 Million to Rebuild After Helene Flooding

    The State of Tennessee and FEMA have approved $9.8 million to replace Ballad Health’s hospital in rural Erwin which was destroyed when Tropical Storm Helene swept across Eastern Tennessee in late September. The 10 in-patient bed hospital, which sits along the banks of the Nolichucky River in the southern Appalachian mountains, has been serving the local community and surrounding agricultural area since 1953. Over the years, it has expanded and modernized, offering bone density testing, echocardiography, the latest diagnostic imaging technology and a sleep medicine lab. The newest facility was completed in October 2018 at a cost of $30 million.Helene’s floodwaters encircled the Ballad Health hospital on Sept. 27, rising at least 8 feet inside the single-story building, racing through examining rooms, labs and patient rooms. Trained hospital and National Guard pilots used helicopters to airlift patients and staff to safety from the roof. Emergency workers also rescued dozens of people by boat to a nearby high school. Under FEMA’s Public Assistance program, FEMA’s share to rebuild the hospital is $7,389,240; the nonfederal share is $2,463,080. Work to be completed includes architectural and engineering design services that use modern best construction practices and applicable codes and standards.The cost estimate for replacing the hospital was generated using FEMA’s Rapid Assessment with Public Infrastructure Data, which uses geospatial and aerial imagery as well as available Federal Highway Administration and State Department of Transportation data. The scope of work will be updated when the surveys and assessments are completed. Because Public Assistance is a cost-sharing program, FEMA reimburses state applicants 75% of the eligible costs of repairs to existing structures. The federal share is paid directly to the state to disburse to agencies, local governments and certain private nonprofit organizations that incurred those costs. The remaining 25% represents nonfederal funds.The Public Assistance program is FEMA’s largest grant program, providing funding to help communities responding to and recovering from major presidentially declared disasters or emergencies. Helene swept across Tennessee Sept. 26-30 and the president approved a major disaster declaration on Oct. 2, allowing FEMA to pay for disaster-damaged infrastructure.
    kwei.nwaogu
    Wed, 02/12/2025 – 19:58

    MIL OSI USA News

  • MIL-OSI USA: Cantwell Introduces Coast Guard Reauthorization Bill, Secures Wins for WA Environment & Tribes

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell
    02.12.25
    Cantwell Introduces Coast Guard Reauthorization Bill, Secures Wins for WA Environment & Tribes
    Bill would authorize USCG “Whale Desk” for additional 2 years to help ships steer clear of Puget Sound Orcas and other whales
    WASHINGTON, D.C. – Yesterday, U.S. Senator Maria Cantwell (D-WA) Ranking Member of the Senate Committee on Commerce, Science, and Transportation, introduced the bipartisan Coast Guard Authorization Act of 2025 that would reauthorize $30.45 billion for the U.S. Coast Guard for Fiscal Years 2025 and 2026.
    “This legislation prioritizes the Coast Guard’s most important asset—the men and women of the Coast Guard, and their families,” said Sen. Cantwell. “The bill drives much needed reforms that will help prevent sexual assault and sexual harassment throughout the Coast Guard, including establishing confidential reporting, strengthening protective orders, expanding access to care for victims, and stronger accountability for leadership. Admiral Fagan made great progress during her term, and the next Commandant will need to continue to be a steady force that stands up for service members.
    “The bill also establishes a new Vice Admiral dedicated to improving recruitment, health care and child care for members. The bill also increases funding for core Coast Guard missions such as shipbuilding and cracking down on illegal fishing and drug smuggling.”
    Among many important provisions, the legislation includes historic protections for sexual assault and harassment, boosts workforce development programs and availability of affordable housing, increases funding to help U.S. Coast Guard deliver on critical priorities such as icebreakers and 52-foot heavy-weather lifeboats, raises penalties for abandoned and derelict vessels, and encourages more collaboration with Tribes.
    The legislation authorizes $14.93 billion for FY25 and $15.51 billion for FY26. The full bill text of the bipartisan U.S. Coast Guard Authorization Act of 2025 is available HERE. 
    Sen. Cantwell secured language for programs critical to Washington state in the legislation. Among those provisions, her bipartisan legislation:
    Expands Affordable Housing Opportunities: Allows the Coast Guard to acquire housing that is available both on the market and in new housing construction programs. This is particularly important in coastal areas — like Cape Disappointment, Grays Harbor, and Port Angeles — where Coast Guard families face a difficult time accessing affordable, quality housing due to competition with seasonal rentals and other challenges associated with remote units. This bill also expands the Coast Guard’s ability to enter into long-term leases for medical facilities, child development centers, and training facilities to expand access to services for Coast Guard families while reducing administrative overhead expenses and allowing for additional improvements to these facilities.
    Increases Federal Funding to Deliver on Icebreakers and Heavy Weather Lifeboats: The legislation increases authorized funding by 30% compared to 2024 appropriated funding levels, which will help the Coast Guard deliver on critical priorities such as polar icebreakers, 52-foot heavy-weather lifeboats, and other priority acquisition programs.
    Seattle will be home for the Coast Guard’s fleet of 3 polar icebreakers.
    Sen. Cantwell recently toured U.S. Coast Guard Station Disappointment, where the future fleet of heavy-weather lifeboats will be homeported to support search and rescue missions, which is critical to safety of people working in the fishing and maritime sector in Pacific and Grays Harbor counties. In 2023, Sen. Cantwell secured a downpayment of $12 million to replace the heavy-weather boats in the 2023 Appropriations Act.
    Creates the First-Ever Tribal Advisor: Creates a new senior position within the Coast Guard to advise the Commandant and other Coast Guard leaders on how the Coast Guard can work more closely with Tribes. The new Special Advisor would also be charged with ensuring the Coast Guard upholds trust responsibilities to tribal governments, improving tribal engagement and consultation activities, and ensuring that Tribes have a voice on Coast Guard programs that impact tribes including oil spill preparedness and response, fisheries oversight, and the protection of natural resources.
    Boosts Local Tribal Partnerships to Improve Conservation: Provides the Coast Guard with new authorities to support habitat conservation and other resilience projects with state, local, and tribal governments. This important new authority would ensure tribes and other organizations can partner with the Coast Guard to protect treaty fishing rights and maintain access to cultural and natural resources.
    Reauthorizes the Whale Desk: Extends the Whale Desk at Coast Guard Sector Puget Sound by two years, through FY2028. Authored by Senator Cantwell in the Coast Guard Reauthorization Act of 2022, the “Whale Desk” at Sector Puget Sound gives vessel operators and mariners near real-time data about the location of whales to reduce encounters that disturb whales, including noise pollution and ship strikes. The pilot program also includes a “hotline” where callers can report whale sightings in real time. The data collected will be valuable for researchers who track whale migration patterns.
    According to the Coast Guard, 75 whale sightings have been reported to the Sector Puget Sound Whale Desk since its opening in December 2023.
    Sen. Cantwell helped celebrate the launch of the Whale Desk in February 2024. Photos and videos are available HERE and HERE.
    Supports the Commercial Fishing and Maritime Industries: Continues to authorize the use of a satellite tracking system to mark fishing gear locations, which ensures gear is not lost and avoids potential damage by derelict gear. It also supports fishing vessels engaging in temporary towing operations as part of salmon hatchery development in Alaska.  The bill also creates new training and credentialing opportunities for qualified mariners, veterans, and the general public seeking to become mariners. It also expedites processing times for merchant mariner licensing documents to help close this critical workforce gap.
    Maps Arctic Maritime Routes: The Bering Sea is expected to see increased fishing, commercial, and other vessel traffic over the coming decades. As a key international trade and maritime route, this bill requires an analysis of projected traffic in the Bering Strait, and the emergency response capabilities and infrastructure needed to support this increased vessel traffic and prevent oil spills in the Bering Sea and the Arctic.
    Boosts International Pacific Cooperation: Requires the Coast Guard to develop a plan to increase international training opportunities in the Pacific, including with the Taiwan Coast Guard. This coordination will strengthen American relations, combat illegal fishing, and boost international security in the Pacific.
    Cracks Down on Abandoned Vessels: Improves oversight of derelict and abandoned vessels by requiring the Coast Guard to develop and maintain an inventory list of these vessels to improve tracking, management, and coordination between federal, state, tribal, and other relevant entities. It authorizes a new federal penalty of $500 a day for abandoning vessels.
    Abandoned and derelict vessels pose unique and costly threats to coastal communities and ecosystems by leaking pollutants and imperiling marine traffic. According to the WA Department of Natural Resources, DNR removed 319 derelict and abandoned boats from Washington state waterways 2021-2023.
    Protects Personnel from Illicit Drug/Fentanyl Exposure: As the Coast Guard carries out important drug interdiction missions to stop the flow of illegal drugs, this bill requires all installations to maintain a supply of naloxone or similar medication to treat opioid or fentanyl overdoses or exposure by Coast Guard members and the public in search and rescue or response calls.
    Require Stronger Sexual Assault and Sexual Harassment (SASH) Prevention and Response: The bill would establish or update numerous Coast Guard and Academy authorities and programs to improve reporting, oversight, prevention, and accountability related to sexual misconduct. These provisions were drafted in response to Operation Fouled Anchor, which revealed gross mishandling of sexual assault and sexual harassment cases of U.S. Coast Guard personnel.
    A full breakdown of these protections is available HERE.
    Supporting Coast Guard Families Stationed in Washington:
    Creates the First Vice Admiral of Personnel: To support the more than 40,000 active service members, the bill establishes a new Vice Admiral leadership position solely focused on supporting the needs of personnel and their families, from housing to health care, investments in childcare, and improving recruitment and training programs.
    Jump Starts Hiring of Health and Family Service Providers Across Entire Service: Provides direct hiring authority to swiftly fill more than a hundred vacancies, including behavioral and mental health professionals, medical specialists, childcare service providers, housing supervisors, criminal investigators, and other positions to protect the health and wellbeing of Coast Guard members and their families. It also adds two new telemedicine rooms at the Coast Guard Academy.
    Improves College-to-Service Career Pathways: Updates the College Student Pre-Commissioning Program to allow more colleges and universities to participate and to increase recruitment of students interested in commissioning into a Coast Guard career. 
    Prepares Tsunami Evacuation Plans: Requires the development of tsunami evacuation and preparedness plans for Coast Guard units in tsunami zones, including across the West Coast and Pacific Northwest. It also requires the Coast Guard to consider vertical evacuation as a lifesaving option for Coast Guard members.
    National Oceanic and Atmospheric Administration (NOAA)
    Supports NOAA Corps Officers: To support the hundreds of NOAA’s commissioned officers, the bill makes improvements to personnel management, education assistance programs, pilot recruitment programs, and more. NOAA Corps members help manage maritime research, support disaster response, and monitor weather forecasting including hurricanes and atmospheric rivers, as well as performing other cutting-edge weather forecast and research needs.
    Modernizes NOAA Vessel Fleet: Authorizes replacement and modernization of the NOAA research vessel fleet and improves oversight of the fleet, which helps maintain our nation’s weather and scientific buoy network, conducts fisheries research, maps the ocean floor including in the Arctic, and supports other important oceanographic and conservation priorities.
    Removes Aging NOAA Vessels: Allows NOAA to use the proceeds of obsolete vessel sales to support the acquisition or repair of other NOAA vessels to help make the fleet more resilient in the future.

    MIL OSI USA News

  • MIL-Evening Report: A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction

    Source: The Conversation (Au and NZ) – By Cameron Allen, Senior Research Fellow, Monash University

    Shutterstock

    It’s hard to remember a time the United States seemed as tense and divided as it does today. That should serve as a stark reminder of just how important it is to monitor the health of our own nation.

    Today, our new report card on Australia’s progress will be launched in Canberra. It assesses progress on 80 economic, social and environmental targets and models a range of policy shifts that could boost progress.

    We find that progress on more than half of these targets has either stagnated or is going backwards. And growing inequalities threaten the wellbeing of many Australians.

    Our report comes on the heels of America’s own State of the Nation report, which puts the US near the bottom of global rankings on inequality, violence, trust and polarisation.

    The situation in Australia is not yet as dire. However, our results signal a need to start thinking long-term and take bold action on inequality to avoid a similar fate.

    Not an A+ student overall

    Our report draws on the 17 UN Sustainable Development Goals (SDGs) to select a broad and balanced set of 80 economic, social and environmental indicators.

    Each of our indicators can be grouped under one of these 17 goals and includes a 2030 target. We use this target to evaluate progress and allocate “traffic lights” that tell us about the direction in which the country is moving.

    We also benchmark Australia against peer nations from the OECD, including the US.

    The overall outlook for Australia is mixed. We aren’t completely on track to meet any of the 17 SDGs. And on some indicators, Australia is actually going backwards, away from the target.

    Many areas of concern centre on increasing inequality. These include:

    • a 30% decline in the share of wealth held by the bottom 40% of Australians since 2004
    • almost 20% of Australians living in financial stress
    • over 40% of lower-income renter households living in housing stress
    • household debt levels now exceed Australia’s annual gross domestic product (GDP).

    There are also some broader economic concerns. Australia’s level of investment in innovation is nearly 40% below OECD averages. Economic complexity – which measures the sophistication and diversity of what our economy produces – has fallen behind Honduras, Armenia and Uganda.

    And there’s been a rapid decline in education outcomes for students from lower socio-economic groups.

    Shining in some areas

    On the other hand, Australia is on track and actually leading our peers in life expectancy, road fatalities, tertiary education, water efficiency and government debt.

    We’re also above average on closing gender gaps in both income and political representation. Australia also has very low homicide rates and high feelings of safety and trust compared to our peers.

    Australia has made some progress on gender equality.
    Andrii Zastrozhnov/Shutterstock

    In some key areas, Australia is actually trending rapidly towards SDG targets.

    The gender gap in superannuation, for example, has fallen from 53% in 2014 to 21% in 2021.

    The share of renewable electricity in our national energy grid has climbed to 35% and greenhouse gas emissions are steadily falling.

    And rates of unemployment, underemployment and youth unemployment have all declined to within or closer to SDG target levels of below 5-6%.

    How does the US compare?

    America’s State of the Nation report, which tracks progress on a range of similar measures to our report, paints a bleak picture.

    There are only four measures where the US performs in the top 20% of high-income countries – economic output, productivity, years of education and long-term unemployment.

    Compared to Australia, the US outperforms us on average per-capita income, investments in research and development and knowledge-based capital, economic complexity, household debt and broadband connection speeds.

    But despite their apparent economic success, mental health and life satisfaction have deteriorated. Social connections are fraying with increased social isolation, polarisation and eroding trust.

    Tragically, suicide rates, fatal overdoses and shootings have increased.

    Far worse on some measures

    In areas where Australia is also trending backwards, things in the US are often far worse.

    Income and wealth inequality, for example, are much higher in the US. The top 1% of Americans hold around 35% of wealth – compared to 24% for the top 1% of Australians.

    US welfare payments are almost 90% below the poverty line and the poverty rate is 30% higher than in Australia. Yet US government debt as a share of GDP is almost double that of Australia.

    This stark contrast suggests America’s approach to pursuing material prosperity is undermining social wellbeing, with rising inequalities fuelling social tensions and polarisation.

    Bold action needed

    For the first time, our new report models two future scenarios for Australia, exploring policies that reverse negative trends and accelerate progress towards SDG targets by 2050.

    Our modelling shows that with increased policy ambition, Australia can halve poverty and reduce income inequality by a third. We can also boost health, education and productivity, improve biodiversity, and deliver net-zero greenhouse gas emissions.

    To do it, we’d need to increase public investment by around 7% a year over 10 years in key areas such as education and health, disaster resilience, sustainable food, energy and urban systems and the natural environment.

    Our modelling shows that with these measures, Australia could achieve 90% of our Sustainable Development Goal targets by 2050.

    Without them, our future prosperity is projected to stagnate and decline by 2050, reaching just 55% progress towards our targets and with GDP around A$300 billion lower than our more ambitious scenario.

    There’s a famous aphorism that in the long run, economic productivity is almost everything. The social fissures in the US despite a strong economy would suggest otherwise.

    Australia should take note and take action to ensure the long-term sustainable prosperity of our nation.

    Cameron Allen receives funding from the Australian Research Council.

    John Thwaites is Chair of Monash Sustainable Development Institute and Climateworks Centre which receive funding for research, education and action projects from the Commonwealth and state governments as well as from philanthropy and industry. He is a former Deputy Premier of Victoria (1999 – 2007)

    ref. A new report card shows inequality in Australia isn’t as bad as in the US – but we’re headed in the wrong direction – https://theconversation.com/a-new-report-card-shows-inequality-in-australia-isnt-as-bad-as-in-the-us-but-were-headed-in-the-wrong-direction-249579

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Governor Stein Announces Additional Team Members

    Source: US State of North Carolina

    Headline: Governor Stein Announces Additional Team Members

    Governor Stein Announces Additional Team Members
    lsaito

    Raleigh, NC

    Today, Governor Stein announces additional staff as he continues to grow his team committed to building a safer, stronger North Carolina. 

    Adam Chandler, Policy Director 

    Adam Chandler is a native of Burlington, North Carolina, and a 12-year veteran of the U.S. Department of Justice, where he served most recently as Associate Deputy Attorney General and Chief of Staff to the Deputy Attorney General. Adam previously practiced at the Department as an appellate attorney, specializing in antitrust law, and served as a speechwriter for two attorneys general. He graduated from Yale Law School; the University of Oxford, where he studied as a Rhodes Scholar; and Duke University.   

    Kindl Detar, Senior Policy Advisor 

    Kindl Detar previously served as a Special Deputy Attorney General and the Director of the Public Protection Section at the North Carolina Department of Justice. Prior to her state government service, she worked at Foundation For The Carolinas and Robinson Bradshaw. Kindl is a graduate of the University of North Carolina at Chapel Hill and the University of Pennsylvania School of Law. A native of Concord, she resides in Charlotte with her husband and three children.

    Sadie Weiner, Senior Advisor 

    Sadie Weiner has worked in state and federal government and campaigns for almost two decades. She served in the Office of Governor Roy Cooper first as Communications Director and most recently as Director of External Affairs. Previously, Weiner was the Communications Director of the Democratic Senatorial Campaign Committee (DSCC), supporting campaigns across the country and picking up two Senate seats. She was also the Communications Director for U.S. Senator Kay Hagan in both her Senate office and her re-election campaign. Weiner lives in Raleigh with her husband and two children. 

    Awo Eni, Digital Director 

    Awo Eni returns to North Carolina after working on Cheri Beasley’s campaign for Senate in 2022 as the Deputy Digital Director. She most recently served as Director of Digital Content on Senator Sherrod Brown’s campaign for re-election in Ohio. Awo is a proud British-born Nigerian-American immigrant who calls Texas home. She is a graduate of the University of North Texas. 

    Liz Doherty, Policy Advisor 

    Liz Doherty joins the Stein Administration as a policy advisor in the Governor’s office. Prior to this role, she served as a policy advisor to Governor Roy Cooper and held various campaign roles, including as Governor Cooper’s communications director in 2020. She also serves as a board member on the NC Council for Women and completed a Master’s of Public Policy from the Duke University Sanford School in 2023.  

    Rania Hassan, Policy Analyst 

    Rania Hassan is a policy analyst in the Office of Governor Josh Stein. She previously worked as policy assistant and analyst in the Office of Governor Roy Cooper. She graduated from NC State University with a B.S. in Environmental Science and a minor in Environmental Policy and Justice. 

    Madhu Vulimiri, Senior Advisor for Health & Families Policy  

    Madhu Vulimiri joins the Governor’s Office from the North Carolina Department of Health and Human Services, where she served as the Deputy Director for the Division of Child and Family Well-Being overseeing nutrition programs that support children and families. Prior to that, she led cross-agency priority initiatives at NCDHHS, including in the COVID-19 response, in chief of staff and senior strategy roles to the Chief Deputy Secretary of NCDHHS and at NC Medicaid. She earned her Bachelor of Science in Public Health from the University of North Carolina-Chapel Hill, where she was a Morehead-Cain Scholar, and her Master of Public Policy from Duke University, where she was a Margolis Scholar in Health Policy and Management. 

    Elena Ashburn, Senior Advisor for Education Policy 

    Elena Ashburn joins the policy team after serving as an area superintendent in the Wake County Public School System, where she led 17,000 students in 23 schools. She began her career in education as a Teach For America teacher and later served as a middle and high school principal. Elena earned a doctorate in educational leadership from UNC Chapel Hill and was named the North Carolina Wells Fargo Principal of the Year in 2021.  

    Jonathan Moch, Senior Advisor for Climate & Energy Policy 

    Jonathan Moch was most recently Science and Technology Policy Advisor for the Office of the Special Presidential Envoy for Climate and Office of Global Change in the U.S. Department of State, where he designed, negotiated, and implemented international climate and energy initiatives and agreements. Prior to the State Department, he was an interdisciplinary Postdoctoral Fellow with joint appointments in Harvard’s engineering, public health, and government schools. Jonathan holds a Ph.D. in Earth and Planetary Sciences with a secondary field in Science, Technology and Society, a master’s in Environmental Science and Engineering from Harvard University, and an undergraduate degree from Princeton University. 

    P.J. Connelly, Director of the Governor’s Eastern North Carolina Office 

    P.J. Connelly will serve as the Director of the Governor’s Eastern North Carolina Office. He served in this role for former Governor Roy Cooper from 2022 to 2024. Prior to that, Connelly served North Carolina’s rural communities through the Governor’s Hometown Strong Initiative. He also served as Assistant Director of Boards and Commissions in the Office of the Governor from 2017 to 2019. Connelly is from New Bern, North Carolina. 

    Feb 12, 2025

    MIL OSI USA News

  • MIL-OSI Global: Many Canadian households are being shortchanged from retrofit programs — this needs to change

    Source: The Conversation – Canada – By Kareman Yassin, Assistant Professor, Hitotsubashi University

    Canada has set an ambitious goal to reduce greenhouse gas emissions by 45 to 50 per cent below 2005 levels. This puts pressure on the residential and commercial building sector, which is responsible for about 18 per cent of national greenhouse gas emissions, to help meet this target.

    Since most of Canada’s 16 million homes are expected to still be in use by 2050, the path to net-zero requires upgrading existing homes, not just constructing new net-zero ones.

    To address this, retrofit programs that improve home energy efficiency have become one of Canada’s main strategies to cut emissions in the housing sector. These programs focus on upgrades like air sealing, enhanced insulation, upgrading heating and cooling systems and installing energy-efficient windows and doors.

    But do these programs deliver on their promises of lower bills and reduced carbon emissions? Our recent study, forthcoming in Energy Economics, examined the outcomes of the federal ecoENERGY home retrofit program, a predecessor to the Greener Homes Initiative.

    Our findings shed light on where the program succeeded, where it fell short and what this all means for Canadian families and policymakers moving forward.

    Real-world energy savings

    Our study analyzed a decade of monthly electricity and natural gas consumption data from Medicine Hat, Alta., where residents participated in the federal ecoENERGY retrofit program that was in place between 2008 to 2012.

    We found that households undertaking comprehensive envelope retrofits — which includes insulation and air sealing — reduced their total energy use by an average of 25 per cent per household. Natural gas usage dropped by 35 per cent on average for these same households, and these savings lasted for at least 10 years after the retrofit.

    This suggests that such retrofits hold promise for meaningful, long-lasting energy reductions, especially for home heating, which makes up a large part of residential energy use in Canada.

    However, our study found that homes achieved only about 60 per cent of the predicted savings projected in pre-retrofit estimates. While measures like air sealing and attic and wall insulation were relatively effective, other upgrades, such as basement insulation and energy-efficient windows, showed zero effect on energy use.

    This gap between projected and actual savings suggests that the estimates shown to households during pre-retrofit audits might be overestimating the benefits. This could leave families with lower-than-expected savings on their energy bills after making significant financial investments. These findings align with similar studies in the United States and Europe, where realized energy savings hover at around 60 per cent of pre-retrofit projections.

    Despite this gap, there are promising opportunities for low-cost, high-return investments. Our research suggests that relatively cheap measures like air sealing generate high returns. Adopting electric heat pumps and fuel switching also show promise for delivering both energy savings and reductions in greenhouse gas emissions.

    The need for broader participation

    Our study also revealed significant gaps in program access and the distribution of benefits. Although the ecoENERGY program was available to all Canadian households, participation was highest among families of mid-valued houses.

    Participation among families in lower-valued houses was disappointingly low: about four per cent of the families in lowest-valued houses took part, even though they stood to benefit the most from reduced energy bills. Homes in our study saw bill savings ranging from eight to 17 per cent, based on a comparison of their actual consumption before and after the retrofit. The highest savings were observed in homes with assessed values of $100,000.

    Middle-valued homes with the highest retrofit program participant rate tended to save the least amount of money; this group had average gas bill reductions of approximately 10.5 per cent.

    The maximum amount that could be claimed under the ecoENERGY program was $5,000, yet the average rebate received was $1,100. This disparity not only limited the program’s potential to reduce emissions on a large scale, but also means Canada’s current approach to energy retrofits may be missing an opportunity to improve energy affordability for those who need it most.

    Room for improvement

    Energy-saving retrofits have significant potential, but current prediction models often overestimate the savings homeowners can achieve. Improving these models could allow homeowners to make better-informed choices, leading to greater efficiency and improved household welfare.

    Upfront costs also remain a significant barrier, particularly for lower-income families. Many cannot afford the upfront expenses associated with retrofitting their homes. Expanded financial support, such as rebates or no-interest loans, may provide much-needed support necessary to allow more households to participate, and more research is needed to evaluate how best to incentivize household participation.

    Another major challenge is a lack of awareness. Many Canadians are unaware of the benefits of deep retrofits. Public awareness campaigns, possibly delivered in collaboration with community organizations, may also help educate homeowners on the long-term value of retrofits and make the process more accessible and appealing.

    Our project is the first in Canada to use detailed household-level data to assess energy savings from retrofits in houses of various values. We were able to achieve this through partnerships between academia, utilities and the federal government. Such collaborations are crucial for advancing research that informs effective policies and programs.

    As Canada advances toward net-zero emissions by 2050, energy-efficient housing should remain central to its climate strategy. Achieving sustainable progress in this area will require retrofit programs that deliver on their promises by enhancing household welfare, addressing energy affordability and ensuring continued public support.

    Maya Papineau receives funding from Social Sciences and Humanities Research Council and the National Science and Engineering Research Council and the National Research Council of Canada.

    Nicholas Rivers receives funding from the Social Sciences and Humanities Research Council and the National Science and Engineering Research Council. He is affiliated with the Canadian Climate Institute.

    Kareman Yassin does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Many Canadian households are being shortchanged from retrofit programs — this needs to change – https://theconversation.com/many-canadian-households-are-being-shortchanged-from-retrofit-programs-this-needs-to-change-236388

    MIL OSI – Global Reports

  • MIL-OSI Canada: Funding supports culturally safe emergency responses for Indigenous Peoples

    Source: Government of Canada regional news

    The Community Emergency Preparedness Fund (CEPF) is funded by the Ministry of Emergency Management and Climate Readiness and administered through the Union of British Columbia Municipalities. The CEPF funds projects that support First Nations and local governments to better prepare for disasters and reduce risks from hazards in a changing climate.

    Communities throughout British Columbia will receive approximately $1 million in provincial funding as follows:

    Boothroyd Indian Band – Knowledge keepers’ information and sharing for culturally safe emergency response
    Amount: $31,000

    Bulkley-Nechako Regional District – Cultural competency in emergency-response training
    Amount: $31,650

    Central Okanagan Regional District – Cultural safety and humility training
    Regional partners: Kelowna, Peachland, Lake Country, Westbank First Nation, West Kelowna
    Amount: $237,000

    Coquitlam – Cultural safety and humility training
    Amount: $40,000

    East Kootenay Regional District – Indigenous cultural awareness training
    Amount: $25,000

    Fraser Valley Regional District – Contextual cultural awareness training
    Amount: $40,000

    Hope – Cultural safety training
    Amount: $39,600

    Ka:’yu:’k’t’h’/Che:k’tles7et’h’ First Nations – Training for emergency responders to work effectively and safely with the Ka:’yu:’k’t’h’/Che:k’tles7et’h’
    Amount: $40,000

    Kamloops – Emergency program cultural safety and humility training
    Amount: $40,000

    Kitimat – Haisla Nation cultural awareness training
    Amount: $10,000

    Merritt – Emergency-management program Indigenous engagement
    Amount: $40,000

    North Coast Regional District – Indigenous cultural safety and humility training
    Regional partners: Prince Rupert, Port Edward
    Amount: $110,000

    North Vancouver – Truth and reconciliation training
    Amount: $33,960

    Port Moody – Indigenous cultural safety and cultural humility training
    Amount: $40,000

    Sema:th First Nation (Sumas) – Transforming emergency management through cultural safety
    Amount: $40,000

    Splatsin First Nation (Spallumcheen) – Resilient Roots: cultural safety in emergencies
    Amount: $40,000

    Sqwá First Nation (Skwah) – Community capacity building to foster shared understanding of trauma in emergency response
    Amount: $40,000

    Strathcona Regional District – This Territory You Are On training
    Regional partners: Village of Tahsis, Gold River, Klahoose First Nation, Xwémalhkwu (Homalco) First Nation, Nuchatlaht First Nation, Ehattesaht
    Amount: $157,300

    Vernon – Cultural safety educators
    Amount: $40,000

    West Vancouver – Reconciliation, equity, diversity and inclusion workshop
    Amount: $40,000

    MIL OSI Canada News

  • MIL-OSI United Kingdom: Westbourne Green chosen for the central London’s largest Japanese style mini forest | Westminster City Council

    Source: City of Westminster

    London’s largest inner city forest has been planted just metres from the A40 Westway in Westbourne Green. The 426 new trees- known as a micro forest- will help to mitigate the effect of climate change by boosting biodiversity and reducing air and noise pollution in the local area.

    The project, a partnership between Westminster City Council, Ruth Wilmott Associates, and Creating Tomorrows Forests, sees nine different species of native trees including blackthorn, field maple, and crab apple introduced to the Westbourne Green Open Space in the central London’s biggest micro forest. The sapling trees were specifically chosen for their qualities in absorbing air pollution particulates, reducing noise, and adding to the area’s biodiversity by providing shelter, pollen, nectar, and fruit for local wildlife. Funding for the project has been provided through partnership with businesses working to provide community and environmental initiatives.

    Micro forests follow the Miyawaki Method, developed by Japanese biologist Akira Miyawaki, where saplings are densely planted to encourage ten times more rapid growth. Research suggests this method results in 18 times higher biodiversity than more widely spaced plantations as the faster growth rates accelerate the establishment of the micro forests.

    The council is aiming to plant a further 5000 more saplings in six micro forests new trees in the area, bringing Westminster’s total tree population to over 24,000. The new woodland area is part of the local authority’s broader environmental strategy to improve air quality and increase green space.

    Local primary schools are getting involved in the project, with children helping to name the new micro forest and sowing a wildflower meadow. Additional funding through the Rewild London Fund will provide materials to build animal boxes giving local children and their families the opportunity to learn about wildlife and get involved in conservation first hand.

    More information about Westminster City Council’s fairer environment strategy can be found on the council’s website. Creating Tomorrow’s Forests are also looking for businesses to get in touch to learn more about the project and funding.

    Councillor Ryan Jude, Cabinet Member for Climate Action, Ecology and Culture said:

    Not many people would think that a micro forest could be so central, but I’m thrilled that we are adding central London’s biggest plantation of trees to Westbourne Green. This is a huge step forward in mitigating climate change and helping our city become net zero by 2040.”

    “Westminster is home to some of London’s best green spaces so increasing biodiversity and plant life across the city underlines how serious we are improving biodiversity, protecting communities from harmful emissions and teaching younger residents about the value of nature.”

    Jack Gordon, a local resident to Westbourne Green added:

    Community based projects are the lifeblood of any close community and this is such an important way to help green the local area.”

    “More needs to be done understand how important trees and how they help mitigate the excesses of climate change and this can benefit us in so many different ways.”

    Elisabeth Boivin, Managing Director at Creating Tomorrow’s Forests said:

    We are delighted to be involved in this innovative project that will bring such direct benefits to residents around Westbourne Green Open Space, funded by our partnerships with businesses such as Wilmott Dixon and Ecologi. It will be fantastic to show how planting trees has such a positive impact on the local environment, and it is great to have this opportunity to educate people on the advantages of increasing biodiversity in our urban green spaces. We cannot wait to see how the micro forests grow and develop over time.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Preston City Council supports Rough Sleepers with first steps towards Independence

    Source: City of Preston

    With the acquisition of a central Preston property, Preston City Council is launching a night service.

    The aim of the service is to work with rough sleepers in taking steps to get them off the streets and into accommodation, whilst offering them safety, support and advice to help them gain independence.

    Supported by MEAM (Making Every Adult Matter) a consultation was carried out over a six-month period, by Preston City Council’s Housing Advice Services and Rough Sleeper Initiative team (RSI).

    Led by Preston City Council’s Service User Involvement Worker, a small peer group made up of frontline workers and service users, gave feedback on what a nighttime provision could offer.

    The most common answer from service users when asked what was needed was ‘more beds’.

    Preston City Council is committed to delivering this, especially for vulnerable, homeless women, whose numbers are growing, and who need gender specific accommodation alongside trauma-informed help and recovery.

    Based on the feedback, the night service, which plans to open its doors in March 2025, will comprise of cubicles for up to 14 people, and allocate places based on referrals from the Outreach Team working with our partners.

    The plans around increasing accommodation options for rough sleepers will see a focus on trauma informed recovery and breaking the cycle. Preston City Council will build on the successes of the Rough Sleeper Initiative Outreach

    The team who have worked relentlessly for positive change on challenging cases. From the Target Priority Group identified in 2021, 90% are now in accommodation.

    Alongside recovery models, Preston City Council will be addressing ways to aid prevention due to an increase in single homeless applications, and to avoid them becoming entrenched rough sleepers.

    Working with partner agencies to offer support around mental health, drugs and alcohol addiction in a supportive and inclusive environment, service users will also be able to partake in activities and support groups, helping them take positive steps towards gaining independence.

    Councillor Nweeda Khan, Cabinet Member for Communities and Social Justice at Preston City Council said:

    Preston City Council firmly believes that any individual sleeping on the streets in our city is unacceptable, and we stand committed to getting people off the streets and into secure and safe accommodation. National challenges around homelessness and housing have risen dramatically in recent years and we work hard with our community partners to stem the tide of increasing numbers of homelessness in Preston.

    We thank all our partners who time to take part in the research that was carried out.

    Currently there is limited emergency accommodation in the city and the Council have made opening a new Night Shelter Service a priority project, supported as part of a wider package, by the limited funding it has available, to tackle the problem.

    The Night Service will also provide longer term help and solutions through gender specific pathways, to more permanent housing and work with clients to break the cycle of an ‘on the street lifestyle.

    Preston City Council has invested significant resource in this priority area to date and has a strong long-term relationship with the Ministry of Housing, Communities and Local Government (MHCLG).

    The Council continues to explore all avenues for additional funding to support homelessness and rough sleeping.

    An agreement has now been reached with the Foxton Centre, a charity that supports vulnerable communities in Preston. The Council will continue to support the Foxton Day Centre which is, according to data from the Foxton Centre, is used mainly for food during the breakfast session, some showers and some laundry.

    John Parkinson, Chair of the Trustees at the Foxton Centre said:

    We welcome PCC investment in a night shelter in the city. This adds to the range of facilities provided in Preston to support rough sleepers and address the growing problem of homelessness.

    The agreement between PCC and The Foxton to continue to invest in the Foxton Day Centre and create a steering group to coordinate and build on the range of partnerships is a positive step forward. This will enable the further development of joined up services including medical, mental health, addiction and legal support which are currently in place at the Day Centre.

    Multi-agency coordination between statutory and voluntary sector providers is the most effective way to use the resources needed to support rough sleepers.

    As well as nighttime support, Preston’s Severe Weather Emergency Protocol (SWEP), was activated in early January and has seen 44 people assisted during its operation, 10 have moved on for a variety of reasons and 34 of those currently in accommodation will be allocated support workers.

    SWEP is a good practice requirement offered by Preston City Council Housing and Homelessnes Services to ensure that people sleeping rough are not at risk of harm during extreme cold or severe weather.

    Drop-in Sessions

    Preston City Council is holding a series of drop-in sessions at the Town Hall between 4 – 8pm, in collaboration with MEAM for local businesses, answering questions and offering more information about the night service.

    Follow-up workshops are being offered for those interested in being involved or discussing ways in working together with the Council and MEAM.

    Awareness session

    • Thursday 27 February

    Workshops

    • Tuesday 4 March
    • Wednesday 5 March
    • Thursday 13 March

     

    MIL OSI United Kingdom

  • MIL-OSI USA: Assessing the Global Climate in January 2025

    Source: US National Oceanographic Data Center

    January Highlights:

    • Temperatures were above average over much of the globe, but much below average over the United States, Greenland and far eastern Russia.
    • Eurasian snow cover extent and Arctic sea ice extent both ranked second lowest on record for January.
    • Global tropical cyclone activity was slightly below average with five named storms, three of which occurred in the Indian Ocean.

    Temperature

    The January global surface temperature was 2.39°F (1.33°C) above the 20th-century average of 53.6°F (12.0°C) and 0.05°F (0.03°C) above the previous record set last year, making last month the warmest January on record. According to NCEI’s Global Annual Temperature Outlook, there is a 7% chance that 2025 will rank as the warmest year on record.

    The new January global record is particularly notable for having occurred during a La Niña episode, the cold phase of El Niño Southern Oscillation (ENSO). Global temperatures tend to be cooler during periods of ENSO-neutral conditions and even cooler during La Niña. According to NOAA’s Climate Prediction Center’s January 9 ENSO Diagnostic Discussion, La Niña conditions emerged in December 2024 and are expected to persist through February–April 2025 (59% chance), with a transition to ENSO-neutral likely during March–May 2025 (60% chance).

    January temperatures were above average across much of the global land surface, particularly over Alaska, much of western Canada and most of central Eurasia. The United States, Greenland, far eastern Russia and parts of southern Africa and Antarctica were colder than average. Overall it was the warmest January on record over global land areas. Sea surface temperatures were above average over most areas, while much of the central and eastern tropical Pacific was below average (consistent with La Niña), as were parts of the southeast Pacific, western North Atlantic and the northwestern Indian Oceans. The global ocean was the second warmest on record for January.

    Snow Cover

    The Northern Hemisphere snow cover extent in January was the fourth lowest on record. While snow cover over North America and Greenland was slightly above average (by 80,000 square miles), Eurasia ranked second lowest on record (940,000 square miles below average). Areas of below-average snow cover stretched across most of Europe southeastward into central Asia.

    Sea Ice

    Global sea ice extent was the seventh smallest in the 47-year record at 6.89 million square miles, which was 1.17 million square miles below the 1991–2020 average. Arctic sea ice extent was below average (by 330,000 square miles), ranking second lowest on record, and Antarctic extent was slightly below average (by 130,000 square miles).

    Tropical Cyclones

    Five named storms occurred across the globe in January, which was below the average of seven. Three named storms formed in the southwestern Indian Ocean, the most impactful being Intense Tropical Cyclone Dikeledi, which made landfall on Madagascar and Mozambique, bringing high winds and heavy rains to the affected regions.


    For a more complete summary of climate conditions and events, see our January 2025 Global Climate Report or explore our Climate at a Glance Global Time Series.

    MIL OSI USA News

  • MIL-OSI Russia: Eastern Caribbean Currency Union: IMF Staff Concluding Statement of the 2025 Mission on Common Policies for Member Countries

    Source: IMF – News in Russian

    February 12, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Washington, DC:

    The Eastern Caribbean Currency Union (ECCU) has been providing a strong anchor for macroeconomic stability in a shock-prone region, demonstrated most recently by Hurricane Beryl with its devastating impact on Grenada and Saint Vincent and the Grenadines. The recovery from successive external shocks has been strong, driven by a rebound in tourism, with ECCU economies expected to converge to modest pre-pandemic average growth rates over the medium term. To effectively manage downside risks while supporting long-term inclusive growth and the continued robustness of the quasi-currency board, policies should aim to address supply-side bottlenecks, build resilient fiscal frameworks to support fiscal sustainability, and continue to enhance financial system resilience and intermediation. Greater leveraging of synergies in regional data collection and processing could help strengthen data provision and thereby evidence-based policymaking.

    The ECCU has achieved a strong rebound from successive adverse shocks. A strong tourism season and continued infrastructure investments supported robust growth in 2024. Inflation has moderated in tune with global trends from a post-pandemic peak of more than 9 percent to less than 2 percent. Nevertheless, public debt remains high and generally well above the regional 2035 debt ceiling of 60 percent of GDP. Meanwhile, Citizenship-by-Investment (CBI) revenues have shown signs of slowing amidst heightened international scrutiny and regulatory tightening. The financial system remains stable, partly due to a prolonged period of cautious bank lending. Despite persistently elevated current account deficits, the ECCB’s reserve position has remained stable and currency backing ratio high, supporting confidence in the currency union.

    Going forward, GDP growth is set to moderate, and risks remain mostly on the downside. As most parts of the region approach full tourism capacity, average growth in the region is expected to slow from 6½ percent in 2021-24 to around 2½ percent in the medium term amid weak productivity growth and investment, a shrinking labor force, and reduced fiscal space. Moreover, given the region’s long-standing vulnerabilities of high dependence on energy imports, exposure to natural disasters (NDs), persistently high public debt, and some economies’ heavy reliance on uncertain CBI revenues, the outlook is subject to significant downside risks.

    Addressing Supply-Side Bottlenecks to Enhance Growth

    The ECCU economies have exhibited a trend slowdown in growth due to structural factors. Supporting strong, resilient, and inclusive growth is key to reducing fiscal and external imbalances and raising living standards. An updated growth accounting analysis finds that potential growth has dropped in recent decades, reflecting declines across all components of growth, notably total factor productivity (TFP). These trends reflect a series of persistent structural impediments to economic efficiency, such as impediments to credit growth, burdensome administrative and licensing processes, and labor force skills gaps and mismatches. Recurring NDs also impair productive infrastructure and hinder human capital formation, placing additional limits on TFP growth. Against this backdrop, the regional “Big Push” effort that calls for a doubling of ECCU GDP in the coming decade is a welcome aspirational initiative, both in sensitizing the membership to key growth impediments and in helping to build a regional consensus on a roadmap for reform.

    A multipronged and coordinated set of policies that build on ongoing efforts is recommended to alleviate major structural impediments to growth. Improving labor market outcomes requires a renewed effort to attune human capital to economic needs and development priorities. This involves expanding vocational training and modernizing education systems, supplemented by policies to alleviate youth and gender employment gaps, such as active labor market policies and greater access to child and elderly care. Enhancing efficient and resilient capital investment could be supported by coordinated regional efforts to accelerate the green energy transition (GET), safeguard and optimize the CBI funding model, and strengthen disaster preparedness of the capital stock. Regional mechanisms such as the ECCB’s Renewable Energy Infrastructure Investment Facility (REIIF) hold potential to scale up countries’ access to finance that can be usefully supported through regional frameworks to pool procurement and harmonize modern regulatory standards. Last year’s regional agreement to buttress the integrity of CBI regimes through enhanced regulatory, information exchange, and pricing frameworks is a welcome step to safeguard critical investment inflows. The planned regional CBI regulator provides an opportunity to address gaps in institutional reporting and strengthen accountability frameworks to ensure the productive allocation of all CBI inflows. Fallout from Hurricane Beryl highlights a potential role for common building standards across the region and the importance of prioritizing resilient infrastructure investment. Finally, policies to enhance the business environment—such as by digitalizing key services, streamlining cumbersome licensing and administrative processes, and improving financial intermediation—are essential to boost productivity and growth potential.

    Building Resilient Fiscal Frameworks to Support Fiscal Sustainability and Inclusive Growth

    The regional priority remains to rebuild fiscal buffers, reduce public debt levels consistent with the regional debt anchor, and improve fiscal resilience to shocks. Fiscal resilience is essential for macro stability and continuing to protect the quasi-currency board. The region’s high vulnerability to recurring NDs, coupled with periodic procyclical fiscal policies, are key drivers of the ECCU’s ongoing fiscal sustainability challenges. With 2035 only a decade away, sizable efforts are needed in some countries to achieve the regional debt target. Fiscal space is also needed to guard against risks and finance social spending and growth- and resilience-enhancing investment.

    This calls for a region-wide establishment of robust national fiscal resilience strategies and frameworks. Strong national medium-term fiscal frameworks (MTFFs), that incorporate well-designed country-specific fiscal rules, supported by specific fiscal measures and plans and strong fiscal institutions, will help instill prudence and create policy space. While many ECCU members have continued to upgrade their MTFFs, there is a need to enhance effective operational frameworks and underpinning fiscal policy and contingency plans that link fiscal operations with longer-term objectives. In addition, comprehensive ex-ante resilience strategies to enable resilient investment and adequate insurance against NDs would support debt sustainability and resilient growth. Integrating green budget tagging and a pipeline of projects into MTFFs will help anchor sustainable multi-year climate resilient investment plans and unlock global concessional financing. Expediting efforts to adopt a disaster risk financing strategy with self-insurance, contingent debt financing plans, and risk transfer arrangements will support liquidity for relief and reconstruction while safeguarding public finances. The relevant authorities should also consider frameworks with clear provisions for use of CBI revenue to avoid budget overreliance on these revenues given their potential volatility and to complement efforts with buffer and resilience building.

    Regional coordination and oversight of these efforts would help reinforce fiscal discipline and the credibility of the regional debt ceiling. To ensure the success of regional fiscal policy coordination, a strong governance framework to provide independent macroeconomic and budgetary projections and transparently assess fiscal plans, the implementation of fiscal rules, and fiscal sustainability would be beneficial. These efforts could be supported by national and/or regional independent fiscal oversight entities. International experience suggests that these entities have played an increasingly significant role in strengthening fiscal frameworks. A helpful first step could be to operationalize regular ECCB Monetary Council peer reviews of members’ fiscal strategies and progress toward the regional debt target.

    Safeguarding Financial Stability and Supporting Private Investment

    Banks’ legacy balance sheet weaknesses warrant continued policy focus. Close monitoring of agreed timelines and action plans for all extensions of implementing regional provisioning standards is important, and timely interventions should be made where necessary. Transitioning from reserve-based regulatory loan loss allowances to loss-bearing provisions would ensure appropriate recording and treatment of banks’ capital positions. Streamlining costly foreclosure and collateral sale processes and strengthening the capacity of the Eastern Caribbean Asset Management Company would support impaired asset disposal. Risks from rising overseas investments and some banks’ elevated local sovereign exposures warrant close monitoring.

    Stepped-up regional coordination would help mitigate non-bank financial system vulnerabilities. The continued rapid expansion of credit unions warrants strengthening provisioning standards, monitoring of forbearance measures, and enhancing supervisory capacity, including through greater sharing of best practices. The planned common minimum regulatory standards for non-bank financial institutions (NBFIs) under the recently endorsed Eastern Caribbean Financial Standards Board (ECFSB) represent an important opportunity to establish a more level regulatory playing field between credit unions and banks. More centralized NBFI supervision would support more efficient and effective region-wide financial stability monitoring and is more acutely needed for consolidated oversight of pan-ECCU insurance companies. The ECCU’s high dependence on global property reinsurance makes it vulnerable to the evolving reassessment of climate liability risks. The risk of more sustained hardening of the reinsurance market could worsen existing underinsurance by driving up costs and reducing capacity. Strengthening monitoring of reinsurance coverage, including through more targeted data collection, would support policy preparedness to manage these risks and narrow protection gaps.

    A more systematic approach is needed to strengthen financial intermediation and private investment. Slow bank lending growth, particularly in business credit, has long limited growth-supporting investment. Notwithstanding some recovery in construction and real estate credit, much of the high system liquidity is invested overseas and the unmet credit demand has partly fueled growth of the more risk-tolerant credit unions. The region has taken important steps to address credit access constraints through the ongoing rollout of the Credit Bureau and more demand-tailored products under the Eastern Caribbean Partial Credit Guarantee Corporation. Closer coordination of these regional initiatives and national MSME development policies would support development of regional best practices in enhancing small businesses’ bankability. This would also allow more efficient scaling up of active outreach programs to foster business formalization. Competing lending programs under national development banks should closely consider their risk-bearing capacity. Strengthening the collateral infrastructure through modernized foreclosure and insolvency frameworks, development of market-based real estate indices, and reviewing any policy impediments to secondary property market liquidity can help derisk local lending opportunities and reduce credit costs. The potential credit pricing distortions from the minimum savings rate should be reviewed alongside the ongoing efforts to encourage regional retail investment and capital market development.

    Strengthening of AML/CFT frameworks remains crucial amidst the scrutiny of CBI programs and thin correspondent banking relationships. This includes completing the long-pending designation of the ECCB as the AML/CFT supervisor for banks and centralization of AML/CFT regulatory standards under the ECFSB.

    Strengthening data provision

    Greater leveraging of synergies in regional data collection and processing could help address persistent resource and capacity gaps. Regional data provision has some shortcomings that somewhat hamper surveillance. While continued IMF/CARTAC technical assistance has proven valuable in improving data timeliness and quality, progress is often impeded by persistent staffing shortages and high turnover. A regional framework with centralization of data compilation and analysis could limit processing overlaps, enhance cross-country comparability, and better leverage the limited staffing resources.

                                                                                                                    

    The IMF team thanks the authorities and private sector counterparts for their warm hospitality and insightful and constructive discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Meera Louis

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/02/12/021225-mcs-east-carib-currency-union-imf-cs-2025-mission-on-common-policies-for-member-countries

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: Gov. Kemp Appoints Josh Lamb to Serve as Director of GEMA/HS

    Source: US State of Georgia

    ATLANTA – Governor Brian P. Kemp today announced his appointment of Josh Lamb as director of the Georgia Emergency Management and Homeland Security Agency (GEMA/HS). Lamb will fill the role following the departure of previous director Chris Stallings.

    “I’m honored to welcome Lt. Col. Lamb to GEMA and thank him for stepping into this important leadership role that is critical to the safety and recovery of Georgia’s communities, especially as we continue to rebuild from Hurricane Helene and other storms,” said Governor Brian Kemp. “I know Lt. Col. Lamb is committed to that mission and will provide the leadership necessary to ensure our state is prepared to respond to disaster and proactively keep Georgians safe. Marty, the girls, and I also want to thank Mike Smith for his service during this recent transitional period and for his continued leadership as GEMA Chief of Staff.”

    Lieutenant Colonel Josh Lamb serves as the Department of Public Safety’s Assistant Commissioner, overseeing several key areas, including the Office of Professional Standards, the Human Resources Division, the Public Information Office, the Office of Public Safety Support, and Legislative Affairs. He was appointed to his role as Assistant Commissioner on October 1, 2023, having previously served as the Director of Administrative Services.

    Lt. Col. Lamb began his law enforcement career in 1996 as a special agent with the Tri-Circuit Drug Task Force after graduating from Georgia Southern University with a bachelor’s degree in justice studies. In 1998, he joined the Georgia State Patrol and graduated from the 74th Trooper School. He has held various positions throughout his career, including corporal at Post 11 Hinesville, sergeant at Post 45 Statesboro, sergeant first class at Post 45 Statesboro, Post 16 Helena, and Post 18 Reidsville. He also dedicated eight years as a State of Georgia SWAT team member. In addition, he served as a lieutenant in the Planning and Research Unit, where he developed departmental policies, organized special events such as the 2018 National College Championship Game and Super Bowl LIII, and worked on legislative matters, including the distracted driving law. His roles have included director of training, SWAT team commander, executive officer to the deputy commissioner, chief of staff, and director of administrative services.

    Lt. Col. Lamb earned a master’s degree in public administration from Columbus State University and attended the 259th Session of the FBI National Academy, where he was one of only two individuals from Georgia ever chosen to represent his session as class spokesperson. He also served as an FBI executive fellow and has taught nationally.  He graduated from the Georgia Association of Chiefs of Police Chief Executive Training Course.  He recently served as the head of delegation for the 31st Georgia Law Enforcement Delegation to Israel.

    Lt. Col. Lamb and his wife, Alison, have two daughters, Kenley and Karson.

    MIL OSI USA News

  • MIL-OSI Africa: Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows

    Source: The Conversation – Africa – By Andrew Phiri, Associate Professor of Economics, Nelson Mandela University

    Coal fired power stations produce 85% of South Africa’s electricity, making the country the biggest producer of harmful greenhouse-gas emissions in Africa. To move away from coal and meet its commitment to reaching net zero emissions by 2050, South Africa needs to dramatically increase production of renewable energy. New research by economics associate professor Andrew Phiri looked at the relationship between renewable and non-renewable energy consumption and GDP growth in South Africa to find out which energy source is most compatible with economic development.

    Non-renewables, renewables and economic growth: what’s there to know?

    We set out to discover whether renewable energy in South Africa, such as wind or solar power, supports sustainable economic growth. We also wanted to find out if renewables can replace non-renewable energy as a source and enabler of economic growth.

    Together with student Tsepiso Sesoai, I did research comparing the impact of renewable and non-renewable energy on economic growth in South Africa.

    South Africa currently faces a dual challenge when it comes to energy. It is heavily dependent on non-renewable energy (coal), which also worsens global warming and speeds up climate change. But it desperately needs to grow the economy at a faster rate, given very high unemployment, poverty and inequality.

    It’s therefore important to find out whether South Africa would be able to make a smooth transition from non-renewable energy to cleaner energy, and grow the economy at the same time.

    Past studies have looked into the role of energy in South Africa’s economic growth, but their methods have provided only limited information about whether South Africa can make a smooth transition from dirty to clean energy.


    Read more: African economic expansion need not threaten global carbon targets: study points out the path to green growth


    To get a deeper understanding, we conducted a modelling exercise. We used an analytical tool called “continuous complex wavelets” to see how renewable and non-renewable energy influences growth over time.

    Our model shows that an increased supply and higher consumption of non-renewable energy causes long-term economic growth over 10-15 year cycles. Renewables, at best, have short-term growth effects over six months to one year.

    After 2000, there was a very sharp increase of almost 25% in the use of renewable energy throughout the decade. According to our model, this sharp increase was enough to have an impact on economic growth over the short term but not over the long term.

    This is because South African energy regulators have not adopted strong enough measures for renewable energy to enable long-term growth. They have not funded the mass rollout of renewable energy, or connected renewables to the national grid. We found that renewables can only sustain growth over six to 12 month cycles whereas policymakers work towards longer cycles such as the 2030 and 2050 sustainable development goals.

    Economic growth and coal consumption: what did you find?

    In 2003, the government started taking climate change seriously with the release of the White Paper on Renewable Energy. The government started intentionally trying to increase the use of renewable energy while decreasing the use of dirty energy, such as coal. Before this, South Africa’s economic growth was heavily driven by coal consumption.

    Courtesy Andrew Phiri

    Renewable energy saw its biggest surge after the 2010 launch of the Renewable Energy Independent Power Producer Procurement Programme. This opened competitive bidding for renewable energy providers to supply electricity to the grid.

    The transition to renewable energy had begun. But coal-fired power, while declining, remained the main source of electricity.

    In 2019 carbon taxes were formally introduced. This resulted in a further slowdown in consumption of non-renewable energy. The COVID-19 pandemic in 2020 and 2021 coincided with severe power cuts. These two events combined caused a general slowdown in non-renewable and renewable energy use, and in economic growth.

    At this point, the drop in coal consumption was actively dragging down the economy. This in turn reduced society’s income, as measured by the gross national product. And because incomes were constrained, fewer private households purchased renewable energy systems. People didn’t spend on solar panels.

    What do your findings mean?

    Our research suggests that relying on non-renewable energy, like coal, won’t lead to long-term growth for South Africa. This is because non-renewables are not a reliable source of energy, as shown by loadshedding.

    Our research further suggests that renewable energy policies, subsidies and programmes made some positive short-term impacts on economic growth, measured as gross domestic product.

    Overall, our findings highlight that policymakers have treated renewables as a “nice-to-have” gesture for humanity, instead of a key driver of long-term economic growth.

    This has led to weak policies, poor regulation, and under-investment in renewable energy. These have held the sector back from making a bigger contribution to economic growth.


    Read more: Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand


    For example, the government has not taken renewables seriously enough to include them in the power grid. This has largely limited the use of renewable energy to private homes and businesses. Coal-fired electricity from the country’s power utility, Eskom, is still cheaper for households than leaving the grid and purchasing their own renewable energy infrastructure (solar energy systems). The government has not funded the infrastructure needed to unlock South Africa’s vast renewable energy potential.

    The planet is at a critical state with global warming. The government should urgently set up policies and actions to overcome the barriers to using renewable energy. Only then will renewable energy have a permanent, positive influence on economic growth.

    South Africa has huge potential in renewables like solar, wind and biomass, thanks to its diverse geography. Yet, when people think about moving away from coal, they worry about job losses in the coal industry. But historically, energy transitions have never been instant. African countries that embraced the change early on reaped the benefits. They became more industrialised and prosperous.

    The South African government must act now if it wants to use renewable energy to drive future economic growth and stay ahead in the global shift to clean energy. Climate change affects us deeply. But it also presents a chance for Africa to leap ahead technologically.

    – Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows
    – https://theconversation.com/sustainable-economic-growth-in-south-africa-will-come-from-renewables-not-coal-what-our-model-shows-239339

    MIL OSI Africa

  • MIL-OSI Global: Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows

    Source: The Conversation – Africa – By Andrew Phiri, Associate Professor of Economics, Nelson Mandela University

    Coal fired power stations produce 85% of South Africa’s electricity, making the country the biggest producer of harmful greenhouse-gas emissions in Africa. To move away from coal and meet its commitment to reaching net zero emissions by 2050, South Africa needs to dramatically increase production of renewable energy. New research by economics associate professor Andrew Phiri looked at the relationship between renewable and non-renewable energy consumption and GDP growth in South Africa to find out which energy source is most compatible with economic development.

    Non-renewables, renewables and economic growth: what’s there to know?

    We set out to discover whether renewable energy in South Africa, such as wind or solar power, supports sustainable economic growth. We also wanted to find out if renewables can replace non-renewable energy as a source and enabler of economic growth.

    Together with student Tsepiso Sesoai, I did research comparing the impact of renewable and non-renewable energy on economic growth in South Africa.

    South Africa currently faces a dual challenge when it comes to energy. It is heavily dependent on non-renewable energy (coal), which also worsens global warming and speeds up climate change. But it desperately needs to grow the economy at a faster rate, given very high unemployment, poverty and inequality.

    It’s therefore important to find out whether South Africa would be able to make a smooth transition from non-renewable energy to cleaner energy, and grow the economy at the same time.

    Past studies have looked into the role of energy in South Africa’s economic growth, but their methods have provided only limited information about whether South Africa can make a smooth transition from dirty to clean energy.




    Read more:
    African economic expansion need not threaten global carbon targets: study points out the path to green growth


    To get a deeper understanding, we conducted a modelling exercise. We used an analytical tool called “continuous complex wavelets” to see how renewable and non-renewable energy influences growth over time.

    Our model shows that an increased supply and higher consumption of non-renewable energy causes long-term economic growth over 10-15 year cycles. Renewables, at best, have short-term growth effects over six months to one year.

    After 2000, there was a very sharp increase of almost 25% in the use of renewable energy throughout the decade. According to our model, this sharp increase was enough to have an impact on economic growth over the short term but not over the long term.

    This is because South African energy regulators have not adopted strong enough measures for renewable energy to enable long-term growth. They have not funded the mass rollout of renewable energy, or connected renewables to the national grid. We found that renewables can only sustain growth over six to 12 month cycles whereas policymakers work towards longer cycles such as the 2030 and 2050 sustainable development goals.

    Economic growth and coal consumption: what did you find?

    In 2003, the government started taking climate change seriously with the release of the White Paper on Renewable Energy. The government started intentionally trying to increase the use of renewable energy while decreasing the use of dirty energy, such as coal. Before this, South Africa’s economic growth was heavily driven by coal consumption.

    Renewable energy saw its biggest surge after the 2010 launch of the Renewable Energy Independent Power Producer Procurement Programme. This opened competitive bidding for renewable energy providers to supply electricity to the grid.

    The transition to renewable energy had begun. But coal-fired power, while declining, remained the main source of electricity.

    In 2019 carbon taxes were formally introduced. This resulted in a further slowdown in consumption of non-renewable energy. The COVID-19 pandemic in 2020 and 2021 coincided with severe power cuts. These two events combined caused a general slowdown in non-renewable and renewable energy use, and in economic growth.

    At this point, the drop in coal consumption was actively dragging down the economy. This in turn reduced society’s income, as measured by the gross national product. And because incomes were constrained, fewer private households purchased renewable energy systems. People didn’t spend on solar panels.

    What do your findings mean?

    Our research suggests that relying on non-renewable energy, like coal, won’t lead to long-term growth for South Africa. This is because non-renewables are not a reliable source of energy, as shown by loadshedding.

    Our research further suggests that renewable energy policies, subsidies and programmes made some positive short-term impacts on economic growth, measured as gross domestic product.

    Overall, our findings highlight that policymakers have treated renewables as a “nice-to-have” gesture for humanity, instead of a key driver of long-term economic growth.

    This has led to weak policies, poor regulation, and under-investment in renewable energy. These have held the sector back from making a bigger contribution to economic growth.




    Read more:
    Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand


    For example, the government has not taken renewables seriously enough to include them in the power grid. This has largely limited the use of renewable energy to private homes and businesses. Coal-fired electricity from the country’s power utility, Eskom, is still cheaper for households than leaving the grid and purchasing their own renewable energy infrastructure (solar energy systems). The government has not funded the infrastructure needed to unlock South Africa’s vast renewable energy potential.

    The planet is at a critical state with global warming. The government should urgently set up policies and actions to overcome the barriers to using renewable energy. Only then will renewable energy have a permanent, positive influence on economic growth.

    South Africa has huge potential in renewables like solar, wind and biomass, thanks to its diverse geography. Yet, when people think about moving away from coal, they worry about job losses in the coal industry. But historically, energy transitions have never been instant. African countries that embraced the change early on reaped the benefits. They became more industrialised and prosperous.

    The South African government must act now if it wants to use renewable energy to drive future economic growth and stay ahead in the global shift to clean energy. Climate change affects us deeply. But it also presents a chance for Africa to leap ahead technologically.

    Andrew Phiri does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Sustainable economic growth in South Africa will come from renewables, not coal: what our model shows – https://theconversation.com/sustainable-economic-growth-in-south-africa-will-come-from-renewables-not-coal-what-our-model-shows-239339

    MIL OSI – Global Reports

  • MIL-OSI Global: LA flash flood watch: Rain on wildfire burn scars can trigger destructive debris flows − a geologist explains how

    Source: The Conversation – USA – By Jen Pierce, Professor of Geosciences, Boise State University

    A debris flow channel in a severely burned watershed in Idaho. Amirhossein Montazeri/Boise State University, CC BY-ND

    As the Los Angeles area begins cleaning up from devastating wildfires, city officials and emergency managers are worried about what could come next. The National Weather Service issued a flash flood watch for the region for Feb. 13, 2025, when the heaviest rain from an atmospheric river is forecast.

    Rain on burned hillslopes can trigger dangerous floods and debris flows. Those debris flows can move with the speed of a freight train, picking up or destroying anything in their path. They can move tons of sediment during a single storm, as Montecito, just up the coast from Los Angeles, saw in 2018.

    What causes debris flows, sometimes called mudflows, and why are they so common and dangerous after a fire? I am a geologist whose research focuses on pyrogeomorphology, which is how fire affects the land. Here’s what we know.

    How debris flows begin

    When severe fires burn hillslopes, the high heat from the fires, sometimes exceeding 1,000 degrees Fahrenheit (538 degrees Celsius), completely destroys trees, shrubs, grass and structures, leaving behind a moonscape of gray ash. Not only that, the heat of the fire actually burns and damages the soil, creating a water-repellent, or hydrophobic, layer.

    What once was a vegetated hillslope, with leaves and trees to intercept rain and spongy soils to absorb water, is transformed into a barren landscape covered with ash, and burned soil where water cannot soak in.

    Illustrations show how fire can change the soil and landscape.
    National Weather Service

    When rain does fall on a burned area like this, water mixes with the ash, rocks and sediment to form a slurry. This slurry of debris then pours downhill in small gullies called rills, which then converge to form bigger and bigger rills, creating a torrent of sediment, water and debris rushing downhill. All this debris and water can transform small streams and usually dry gullies into a danger zone.

    Because the concentration of sediment is so high, especially when there is a large amount of ash and clay, debris flows behave more like a slurry of wet cement than a normal stream. This fluid can pick up and move large boulders, cars, trees and other debris rapidly downhill.

    A firefighter walks through knee-deep mud while checking for victims after a debris flow hit Montecito, Calif., in January 2018.
    Wally Skalij/Los Angeles Times via Getty Images

    In January 2018, a few weeks after the Thomas fire burned through the hills above Montecito, a storm triggered debris flows that killed 23 people and damaged at least 400 homes.

    What controls size and timing of debris flows

    The geography of the land, burn severity, storm intensity and soil characteristics all play important roles in if, when and where debris flows occur.

    Fire and debris flow scientists with the U.S. Geological Survey use these variables to create models to predict the likelihood and possible hazards from postfire debris flows. They are already developing maps to help residents, emergency managers and city officials prepare and predict postfire debris flows in 2025 burn areas in Los Angeles.

    The U.S. Geological Survey modeled debris flow risks after the Palisades Fire near Los Angeles. The map shows some of the highest-risk areas if hit by 15 minutes of rain falling at just under 1 inch (24 millimeters) per hour.
    USGS

    Some of the triggers of debris flows are literally part of the landscape.

    For example, the slope angle in a watershed and the amount of clay in the soil are important. Watersheds with gentle slopes – generally less than about 23 degrees – and a lack of clay and silt-sized particles are unlikely to produce debris flows.

    Other key factors that contribute to postfire debris flows relate to the proportion of the watershed that is severely burned and the intensity and duration of the rainstorm event.

    Early important research in the field of pyrogeomorphology demonstrated that while large, intense storms are more likely to cause large, intense debris flows, even small rainstorms can produce debris flows in burned areas.

    Debris flows are becoming more common

    A whopping 21.8 million Americans live within 3 miles of where a fire burned during the past two decades, and that population more than doubled from 2000 to 2019. A recent study from central and northern California indicates that nearly all the observed increases in area burned by wildfires in recent decades are due to human-caused climate change.

    The warming climate is also increasing the likelihood of more extreme downpours. The amount of moisture the atmosphere can hold increases by about 7% per degree Celsius of warming, leading to more intense downpours, particularly from ocean storms. In California, scientists project increases in rainfall intensity of 18% will result in an overall 110% increase in the probability of major debris flows.

    Jon Frye, of Santa Barbara Public Works, shows what happened in the January 2018 Montecito debris flow and why the risks to downslope communities would continue for several years. Source: County of Santa Barbara, 2018.

    Studies using models of fire, climate and erosion rates estimate that the amount of sediment flowing downhill after fires will increase by more than 10% in nine out of every 10 watersheds in the western U.S.

    Even without rain, debris on fire-damaged slopes can be unstable. A small slide in Pacific Palisades shortly after a fire burned through the area split a home in two. A phenomenon called “dry ravel” is a dominant form of hillslope erosion following wildfires in chaparral environments in Southern California

    Preparing for debris flow risks

    Research on charcoal pieces from ancient debris flows has shown fires and erosion have shaped Earth’s landscape for at least thousands of years. However, the rising risk of wildfires near populated areas and the potential for increasingly intense downpours mean a greater risk of damaging and potentially deadly debris flows.

    As their populations expand, community planners need to be aware of those risks and prepare.

    This article, originally published Jan. 23, 2025, has been updated with a flash flood watch issued.

    Jen Pierce receives funding from the National Science Foundation and is the chair of the Quaternary Geology and Geomorphology division of the Geological Society of America.

    ref. LA flash flood watch: Rain on wildfire burn scars can trigger destructive debris flows − a geologist explains how – https://theconversation.com/la-flash-flood-watch-rain-on-wildfire-burn-scars-can-trigger-destructive-debris-flows-a-geologist-explains-how-247770

    MIL OSI – Global Reports

  • MIL-OSI Europe: The European Financial Industry of the Future | 6. Frankfurt Digital Finance Conference & European Fintech Day

    Source: Deutsche Bundesbank in English

    Check against delivery.
    Ladies and gentlemen,
    I’m glad to join you today at the “Gesellschaftshaus Palmengarten”. Its history goes back to the 19th century. It was the “Gründerzeit” or “founders’ period” – an era of strong economic expansion in Germany – when this building was constructed. And when Germany was developed as an industrial location. Developed by people, men and women, lead by curiosity, innovation, and a desire to achieve.
    We have to cast our minds back a few years to see times of growth, real innovation and increasing productivity in Europe.
    1 The role of the financial industry
    In the 2010s Germany had a period of solid growth that some called “the golden decade”. 
    Today, however, we see a need for growth and increasing productivity. Hence, our competitiveness is at stake. Not only in Germany, but also in other parts of Europe. And this comes at a time, when we are facing numerous major challenges:
    Consider the significant geopolitical uncertainties of our time – which make a rethink necessary in many respects. Also consider the digitalisation of large parts of our economy, incl. disruptive AI. And think about the climate-related need for an ecological transformation.
    Financing all of this requires a substantial amount of capital.
    This is where the financial industry comes in: The financial industry can act as an enabler of growth in the real economy. Growth that is so much needed right now.
    Looking forward, the financial industry could translate growth potential into real growth in many fields – digitalisation, AI, clean tech, pharma, biotech any many more.
    In sum, there are huge business opportunities for Germany and the EU. And we need the Financial industry to take advantage of the business opportunities. 
    But let us not forget that innovation happens in many places – at start-ups but also at well established companies. We need to make sure that a variety of funding sources are available to support our real economies.
    We need a specific financial ecosystem that enables young, innovative companies to flourish. Be it VC, PE, etc. We need established capital markets. Above all, we need a strong and healthy banking sector that supplies our economy with sufficient credit.
    That means: We need both traditional loans and venture capital. In any case, all the pockets of the financial industry provide the basis for a growing economy. It’s also the basis for the ecological transformation. 
    The German Council of Experts on Climate Change published [a week ago] new figures on the investment needs estimated for the transition towards net-zero economic activity. Those investment needs range between 135 and 255 billion euro – each year for Germany alone.[1] That’s a lot.
    Let’s now have a closer look at the digitalization including AI.
    2 Artificial intelligence: innovation and competitiveness
    The term artificial intelligence (AI) was coined in the middle of the 20th century. But it was the release of ChatGPT in November 2022 that marked a breakthrough. For the first time it became possible to use an AI system without detailed technical knowledge.
    Nowadays almost anyone can use AI. The importance of responsible AI practices on the increase – as highlighted in the latest Declaration by the G20.[2]
    There are important questions – to which, to be honest, there are no simple answers:
    Are the opportunities and risks of AI balanced? 
    Does AI lead to a global fragmentation, to a new barrier between those who use AI and those who don’t? 
    Does AI, as a general-purpose technology, help us better manage economic challenges?[3]
    One example of the latter point: Many societies are lacking skilled labour due to demographic change. Here, the use of AI could provide a solution by increasing efficiency or substituting human services. AI can also help drive innovation. 
    AI enables both incremental and disruptive innovation across all parts of society: 
    by facilitating faster decision-making
    optimizing existing processes, 
    or by collecting, processing and using huge amounts of data.

    It fosters creativity, supports scientific breakthroughs, and unlocks opportunities for entirely new industries and business models – a potential, albeit disruptive, growth engine.
    Nevertheless, human creativity is still a key driver of innovation. In 2023, individuals or SMEs filed almost one in four patent applications in Europe.[4]
    Today, we are at a crucial stage: With international competition on the one side and technical and intellectual skills on the other. AI models from the United States are well-known and often considered state of the art. China in particular has recently come up with new and apparently very efficient language models. However, the discussion about the background is not yet complete.
    In Europe, we have to do our utmost to keep up with the pace. An important initiative recently came from France: In Paris the “EU AI Champions Initiative”, a high-level summit, was held at the beginning of this week.
    President Macron mentioned a funding volume of roundabout € 109 billion for AI in France. This approach is very encouraging for other EU member states. By comparison: US-President Trump has mentioned USD 500 billion for his “Stargate” plan in the US. 
    Despite these substantial investments, there is no guarantee of success. On the other hand, we must not allow ourselves to be deterred by possible failures. One example is the French AI chatbot LUCIE, which has been taken offline after giving some weird answers. I am sure France will take this as a chance to try even harder.
    The narrative with all kind of innovation is: Accept failure to grow. The pioneers of the “Gründerzeit” – which I mentioned earlier – knew this only too well.
    We need this kind of courage to embrace a “culture of trial and error”. It provides an important impetus to do things better. On the other hand, we have to ensure that new technology does not cause severe damage. Especially because AI is a relatively new technology with unknown potential and consequences for the entire society.
    Risks can arise for the financial system, but much further afield as well. Imagine, risk management or investment advice would be provided mainly by AI. Would this mean that investment recommendations are becoming more and more similar? Would we have concentration of risks? And what consequences would this have for financial stability?[5]
    Even more far-reaching questions concern our society.
    The core question is: What does AI mean for our democracies, for our constitutions, for our fundamental rights? Specifically, we need to ask ourselves: Where is AI beneficial and where do we need clear rules.
    In other words: What are the basic rules for using this technology?
    It is therefore necessary to find a compromise between having the courage to innovate – and clear rules.
    3 Strengthening the financial industry
    Regardless of how we deal with AI, we have to return to the issue of financing its development. As indicated earlier, the financial industry, as an enabler, has an important role to play.
    Given the challenges of our time I mentioned earlier, it is vital to strengthen the European financial industry. 
    Let me highlight only two measures:
    First, we need to get started on improving start-up funding. In 2024, more than 2,700 innovative start-ups were founded in Germany, the second-highest count after the record year of 2021. There is no shortage of innovative concepts and entrepreneurship per se, but implementation is lacking. 
    Further completing the European capital markets union (CMU) is essential in this respect – promoting the development of the VC and private equity market as well as exit options for start-ups. The European Commission’s “Competitiveness Compass”, published recently, 29 January 2025, is a good start. 
    Second, we need to leverage digital technologies to create efficient, integrated and resilient European financial markets. The digital CMU could be a game changer in this respect. 
    Let me make it perfectly clear: Europe is a leader in this field. 
    We at the Bundesbank are engaged in several initiatives. And we have a prominent role to play in the development of a central bank digital currency (wholesale CBDC).
    4 Conclusion
    Ladies and gentlemen, let me sum up: And I can be very brief, but still to the point.
    The European Financial industry has to become an enabler of growth. Our Financial industry is key to ensure that the European economy stays competitive. 
    Thank you very much. 

    MIL OSI

    MIL OSI Europe News

  • MIL-OSI: Apollo Funds Acquire Bold Production Services, a Leading Provider of Production-Linked Contracted Gas Treatment Solutions

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON and NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE:APO), today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have acquired a majority interest in Bold Production Services, LLC (“Bold” or the “Company”), a provider of production-linked, contracted natural gas treatment solutions that enable the downstream use of natural gas, while reducing excess emissions and waste through proprietary equipment design.

    Founded in 2013, Bold’s fleet of 700+ owned assets, including dehydration units, H2S treating units and total flow coolers, serves a blue-chip customer base across the Permian and Eagle Ford basins. The investment from the Apollo Funds will support Bold’s continued growth as natural gas demand is expected to accelerate over the next decade, driven by secular trends associated with the industrial renaissance such as demand for power generation, LNG exports, data centers and other emerging natural gas applications. The Company will continue to be headquartered in Houston, Texas and led by Glen Wind, Chief Executive Officer, along with his team including Blake Maywald, President, Tim Burkett, Chief Financial Officer and Austin Traweek, Chief Operating Officer.

    Glen Wind, CEO of Bold, commented, “We are excited to work with Apollo in our efforts to continue serving our customers seeking reliable gas treatment solutions that help improve operational efficiency. Producers value high performance, scalable treatment services, and Bold remains committed to delivering best-in-class solutions that drive safer, cleaner operations with improved production yields and lower emissions. We look forward to building on our momentum alongside Apollo in the years ahead. We would like to acknowledge and thank the OFS Energy Fund team for their involvement and support in helping us reach this point.”

    Scott Browning, Partner at Apollo, said, “Bold has built a robust platform providing essential gas treatment solutions, with significant growth potential supported by strong customer relationships and attractive expansion opportunities. We are excited to partner with Glen, Blake and the rest of the Bold team in a market where we see the opportunity for significant investment given favorable secular tailwinds. Apollo brings deep expertise in the natural gas value chain and a proven track record supporting the growth of energy-related services that help to fuel the industrial renaissance.”

    Over the past five years, Apollo-managed funds and affiliates have committed, deployed, or arranged approximately $58 billioni into climate and energy transition-related investments, supporting companies and projects across clean energy and infrastructure.

    Vinson & Elkins LLP served as legal counsel to the Apollo Funds. Piper Sandler & Co. acted as financial advisor to Bold, and Troutman Pepper Locke, LLP served as Bold’s legal counsel. Bank OZK supported the transaction through a new credit facility.

    About Bold Production Services, LLC

    Bold Production Services, LLC is an oil & gas infrastructure resource company providing contract services in the treating and removal of impurities found in natural gas, oil, and water. Bold has grown its asset base to include production and treating equipment, as well as a non-triazine based H2S chemical scavenger. To learn more, please visit www.bps-llc.com.

    About Apollo Global Management, Inc.

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

    Contact Information

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    ___________________________

    i As of December 31, 2024. The firmwide targets (the “Targets”) to deploy, commit, or arrange capital commensurate with Apollo’s proprietary Climate and Transition Investment Framework (the “CTIF”), are (1) $50 billion by 2027 and (2) more than $100 billion by 2030 The CTIF, which is subject to change at any time without notice, sets forth certain activities classified by Apollo as sustainable economic activities (“SEAs”), and the methodologies used to calculate contribution towards the Targets. Only investments determined to be currently contributing to an SEA in accordance with the CTIF are counted toward the Targets. Under the CTIF, Apollo uses different calculation methodologies for different types of investments in equity, debt and real estate. For additional details on the CTIF, please refer to our website here: https://www.apollo.com/strategies/asset-management/real-assets/sustainable-investing-platform.

    The MIL Network

  • MIL-OSI USA: With biggest winter storm of the season looming, California takes early, proactive steps to protect communities and harden burn scar areas  

    Source: US State of California 2

    Feb 11, 2025

    What you need to know: Across all of state government, highly-specialized personnel and response equipment are on the ground working to protect communities statewide from storm impacts. 

    Los Angeles, California – With another significant winter storm system expected to reach California later this week, work continues statewide to ensure communities impacted by recent wildfires – including the firestorms in Los Angeles – are protected.

    To prepare for this storm, Governor Gavin Newsom is directing a whole-of-government response to bolster local resources.

    In Altadena today, Governor Newsom and First Partner Jennifer Siebel Newsom surveyed ongoing work by state crews to prepare the Eaton Fire burn scar area ahead of rain. 

    At Governor Newsom’s direction, the state has installed emergency protection materials to contain burn scar debris from the Eaton and Palisades fires from entering creeks, rivers, and other bodies of water. The state is coordinating locally requested materials such as K-rails (concrete barriers) to divert debris flow and has completed debris basin clean-up activities over the last month to mitigate potential impacts in vulnerable areas.

    California has been in a constant state of readiness preparing for extreme winter weather. Crews have been on the ground for weeks working to secure areas against possible mudslides and debris flows. If you’re in the storm’s path, please remain vigilant and follow all guidance of local authorities.

    Governor Gavin Newsom

    California is monitoring storm impacts, in particular to burn scar areas that pose the threat of mudslides and debris flows. According to the National Weather Service, this storm system will bring far-reaching impacts across the state, including risks of urban flooding and burn scar impacts in Southern California, high winds and heavy snow. 

    State actions to protect communities include:

    • 319,000 sandbags and 5,600 super sacks have been deployed to Southern California locations through the Department of Water Resources (DWR).
    • 242 total CAL FIRE engines are deployed throughout the state to rapidly respond, including 109 engines CAL FIRE Southern Region and 133 engines CAL FIRE Northern Region.
    • Cal OES has prepositioned flood fighting and debris flow resources and more than 400 personnel in 8 counties, including Colusa, Fresno, Los Angeles, Orange, Glenn, Tulare, Ventura and Santa Barbara. In total the state is deploying through the Fire and Rescue Mutual Aid System the following:
      • 48 fire engines
      • 8 dozers 
      • 5 helicopters
      • 8 dispatchers
      • 6 hand crews
      • 8 swiftwater rescue teams
      • 3 local Incident Management Teams
      • 1 Regional Task Force
      • 2 excavators 
      • 2 loaders
      • 5 heavy rescue teams
    • Nearly 120 miles of emergency protection materials, including straw wattle, compost sock and silt fencing, have been installed through the California Conservation Corps to contain burn scar debris from entering creeks, rivers and other bodies of water. 
    • 30 watershed protection specialists have been deployed to burn scar areas.
    • Caltrans is placing erosion-control devices, including wattles, to limit mudflows. Caltrans is mobilizing crew members to monitor for rocks and other debris falling from burned slopes on the Pacific Coast Highway and Topanga Canyon Boulevard. 
    • 14 geologists are deployed to study and map burn scars of the Palisades, Eaton and Kenneth fires. The California Geological Survey is using this information to determine where debris flow could occur and where to install mitigation. The department also coordinated aerial flights over the scars to gather LiDAR data to further study burn areas for possible debris flow.
    • 70 soldiers and heavy engineering equipment through the California National Guard are deployed in the area to support debris removal efforts.
    • The California Department of Social Services is coordinating with local partners on shelters and warming centers to serve impacted communities.
    • The California Department of Public Health is supporting licensed healthcare facilities. 

    These early actions add on to the work the state has done in recent weeks to protect California communities and boost the state’s water supply. On January 31, the Governor signed an executive order to direct state agencies to direct additional water storage by maximizing excess water from winter storms.

    Residents in affected areas are urged to stay informed about potential debris flow risks, especially during storms, and to follow guidance from local emergency officials. For resources and information specific to the Los Angeles firestorms, visit CA.gov/LAfires.

    Preparing for upcoming weather

    On Thursday, rainfall rates could approach 1” per hour near thunderstorms. In addition, there’s anticipated heavy mountain snow, with levels dropping to 2,000-3,000 feet across the north and down to 6,500 feet in the far south. Parts of the state will see wind gusts of 35-55 mph in Central and Southern California.

    The incoming storm could bring an increased risk of power outages, flooding in small streams and low-lying areas, and debris, rocks and mudslides on roadways.

    Residents are encouraged to not drive through flooded roadways, prepare in advance for power outages and reduce injury risks from falling limbs and trees by staying inside during high wind events.

    Residents are urged to stay informed and listen to local authorities about actions they should take including evacuation orders or safety recommendations. In burn scar areas, officials recommend preparing for possible sudden debris flows by having a go-bag packed and knowing evacuation routes.

    For more information on winter storm preparedness visit ready.ca.gov.

    Recent news

    News What you need to know: Governor Gavin Newsom issued an executive order today ordering the state to ensure that childcare providers impacted by the recent wildfires in Los Angeles are aware of their potential eligibility for Disaster Unemployment Assistance and…

    News What you need to know: The fastest large-scale debris removal in modern state history began today in Altadena and the Pacific Palisades, in roughly half the time it took to start similar operations after the devastating 2018 Woolsey Fire.  LOS ANGELES – Governor…

    News What you need to know: The state continues to upgrade CA.gov/LAfires to provide more resources and information for firestorm survivors.  LOS ANGELES – Governor Gavin Newsom today announced new efforts to provide accountability with ongoing Los Angeles firestorm…

    MIL OSI USA News

  • MIL-OSI: Gilat Reports Fourth Quarter and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    Q4 Revenue of $78.1 million, GAAP Operating Income of $12.8 million and Adjusted EBITDA of $12.1 million

    2024 Revenue of $305.4 million, GAAP Operating Income of $27.7 million and a 25-year Record Adjusted EBITDA of $42.2 million

    Expects 2025 Revenues to increase by 36%-50%

    Announces New Reporting Segments

    PETAH TIKVA, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited results for the fourth quarter and full year ended December 31, 2024.

    Fourth Quarter 2024 Financial Highlights

    • Revenue of $78.1 million, up 3% compared with $75.6 million in Q4 2023;
    • GAAP operating income of $12.8 million, compared with $2.9 million in Q4 2023;
    • Non-GAAP operating income of $9.7 million, compared with $6.1 million in Q4 2023;
    • GAAP net income of $11.8 million, or $0.21 per diluted share, compared with $3.4 million, or $0.06 per diluted share, in Q4 2023;
    • Non-GAAP net income of $8.5 million, or $0.15 per diluted share, compared with $6.5 million, or $0.11 per diluted share, in Q4 2023;
    • Adjusted EBITDA of $12.1 million, up 30% compared with $9.4 million in Q4 2023.

    Full year 2024 Financial Highlights

    • Revenue of $305.4 million, up 15% compared with $266.1 million in 2023;
    • GAAP operating income of $27.7 million, compared with $28.1 million in 2023;
    • Non-GAAP operating income of $31.9 million, up 35% compared with $23.5 million in 2023;
    • GAAP net income of $24.8 million, or $0.44 per diluted share, compared with $23.5 million, or $0.41 per diluted share in 2023;
    • Non-GAAP net income of $28.2 million, or $0.49 per diluted share, compared with $19.9 million, or $0.35 per diluted share 2023;
    • Adjusted EBITDA was $42.2 million, up 16% compared with adjusted EBITDA of $36.4 million in 2023.

    2025 Guidance

    Management’s financial guidance for 2025 is for revenues of between $415 to $455 million, and Adjusted EBITDA is expected to be between $47 to $53 million1.

    Adi Sfadia, Gilat’s CEO, commented, “Gilat delivered strong results with profitability of Adjusted EBITDA of $12.1 million for the fourth quarter and $42.2 million for the entire year. These results alongside our strong generation of cash flow underscore the strength and resilience of our core business model, demonstrating both operating leverage and the positive impact of our current product revenue mix.”

    “During the fourth quarter our Defense and In-Flight Connectivity business continued to experience strong momentum with increased orders and awards. The Defense segment, with a focus on the US DoD, represents a significant growth opportunity for Gilat. We are pleased with our progress in expanding opportunities to serve the specialized needs of government and military customers with our innovative satellite solutions,” Mr. Sfadia continued. “With the closing of the Stellar Blu acquisition, our Commercial business is poised for significant growth as we establish our leadership in the expanding Electronically Steerable Antenna (ESA) market. Our portfolio of IFC GEO, LEO and multi-orbit solutions will be instrumental in capitalizing on increasing demand for inflight connectivity by airlines and passengers.”

    Mr. Sfadia concluded, “Looking ahead into 2025, given the significant potential we see in the defense market and our view of this as a strategic growth engine, we plan to increase our investment in R&D, Sales and Marketing of the Defense Segment. We believe that this targeted increase will allow us to take advantage of the opportunities we see quicker and more decisively to ensure a long term growth in this market. Coupled with our recent acquisitions and positioning in the Satcom market, Gilat has the resource base to scale the IFC and Defense businesses and our track record of profitable, cash generating growth, provides a strong foundation for Gilat’s continued success.”

    Commencing January 1, 2025, the company has implemented a new organizational structure and reportable segments. The new organizational structure and segment reporting are designed to better target the diverse and attractive end markets the company serves and to provide investors with greater insight into Gilat’s business lines and strategic growth opportunities. The company will report financial results based on the following three divisions: Gilat Defense, Gilat Commercial and Gilat Peru.

    • Gilat Defense Division: provides secure, rapid-deployment solutions for military organizations, government agencies, and defense integrators, with a strong focus on the U.S. Department of Defense resulting from our strategic acquisition of DataPath Inc. By integrating technologies from Gilat, Gilat DataPath, and Gilat Wavestream, the division delivers resilient battlefield connectivity with multiple layers of communication redundancy for high availability.
    • Gilat Commercial Division: provides advanced broadband satellite communication networks for IFC, Enterprise and Cellular Backhaul, supporting HTS, VHTS, and NGSO constellations with turnkey solutions for service providers, satellite operators, and enterprises. Our acquisition of Stellar Blu serves as the cornerstone of this division, strengthening our position in the IFC market and enabling us to provide cutting-edge connectivity solutions that meet the demands of passengers, airlines, and service providers worldwide.
    • Gilat Peru Division: specializes in end-to-end telco solutions, including the operation and implementation of large-scale network projects. With expertise in terrestrial fiber optic, wireless, and satellite networks, Gilat Peru provides technology integration, managed networks and services, connectivity solutions, and reliable internet and voice access across the region.

    Gilat has prepared unaudited illustrations of the company’s financial reports for Fiscal Years 2023 and 2024 to reflect the company’s results based on the new segment reporting, which can be found in the IR section on Gilat’s website. For additional information about Gilat’s new divisional structure, please click here: Link

    Key Recent Announcements

    • Gilat Secures Over $18 Million Orders Addressing Demand for In-Flight Connectivity Solutions
    • Gilat Receives $9 Million in Orders for Multi-Orbit SkyEdge Platforms
    • Gilat Completes Acquisition of Stellar Blu Solutions LLC
    • Gilat and Hispasat Provided Immediate Satellite Communication to Support Disaster Recovery Efforts After Hurricane Helene
    • Gilat Receives Over $3 Million in Orders to Support LEO Constellations
    • Gilat Awarded Over $5 Million in orders to Support Critical Connectivity for Defense Forces
    • Gilat Receives $4M in Orders for Advanced Portable Terminals from Global Defense Customers

    Conference Call Details

    Gilat’s Management will discuss its fourth quarter and full year 2024 results and business achievements and participate in a question-and-answer session:

    Date: Wednesday, February 12, 2025
    Start: 09:30 AM EST / 16:30 IST
    Dial-in: US: 1-888-407-2553
      International: +972-3-918-0609
       

    A simultaneous webcast of the conference call will be available on the Gilat website at gilat.com and through this link: https://veidan.activetrail.biz/gilatq4-2024

    The webcast will also be archived for a period of 30 days on the Company’s website and through the link above.

    Non-GAAP Measures

    The attached summary unaudited financial statements were prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). To supplement the consolidated financial statements presented in accordance with GAAP, the Company presents non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, Adjusted EBITDA, and earnings per share. The adjustments to the Company’s GAAP results are made with the intent of providing both management and investors with a more complete understanding of the Company’s underlying operational results, trends, and performance. Non-GAAP financial measures mainly exclude, if and when applicable, the effect of stock-based compensation expenses, amortization of purchased intangibles, lease incentive amortization, other non-recurring expenses, other integration expenses, other operating expenses (income), net, and income tax effect on the relevant adjustments.

    Adjusted EBITDA is presented to compare the Company’s performance to that of prior periods and evaluate the Company’s financial and operating results on a consistent basis from period to period. The Company also believes this measure, when viewed in combination with the Company’s financial results prepared in accordance with GAAP, provides useful information to investors to evaluate ongoing operating results and trends. Adjusted EBITDA, however, should not be considered as an alternative to operating income or net income for the period and may not be indicative of the historic operating results of the Company; nor is it meant to be predictive of potential future results. Adjusted EBITDA is not a measure of financial performance under GAAP and may not be comparable to other similarly titled measures for other companies. Reconciliation between the Company’s net income and adjusted EBITDA is presented in the attached summary financial statements.

    Non-GAAP presentations of gross profit, operating expenses, operating income, income before taxes on income, net income, adjusted EBITDA and earnings per share should not be considered in isolation or as a substitute for any of the consolidated statements of operations prepared in accordance with GAAP, or as an indication of Gilat’s operating performance or liquidity.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Together with our wholly-owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

    Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the terrorist attacks by Hamas, and the hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks

    Hagay Katz, Chief Product and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors:

    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    _________________
    1
    We do not provide forward-looking guidance on a GAAP basis because we are unable to reasonably provide forward-looking guidance for certain financial data, such as amortization of purchased intangibles and earnout-based expenses related to recent acquisitions. As a result, we are not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward-looking data without unreasonable effort.

     
    GILAT SATELLITE NETWORKS LTD.
    CONSOLIDATED STATEMENTS OF INCOME 
    U.S. dollars in thousands (except share and per share data)
                       
          Twelve months ended 
       Three months ended 
           December 31, 
      December 31, 
            2024       2023       2024       2023  
          Unaudited   Audited   Unaudited
                       
    Revenues   $ 305,448     $ 266,090     $ 78,128     $ 75,612  
    Cost of revenues     192,117       161,145       47,107       46,692  
                       
    Gross profit     113,331       104,945       31,021       28,920  
                       
    Research and development expenses, net   38,136       41,173       10,108       11,624  
    Selling and marketing expenses   27,381       25,243       6,657       7,119  
    General and administrative expenses   26,868       19,215       6,192       6,312  
    Other operating expenses (income), net      (6,751 )     (8,771 )     (4,706 )     986  
                       
    Total operating expenses      85,634       76,860       18,251       26,041  
                       
    Operating income      27,697       28,085       12,770       2,879  
                       
    Financial income, net       1,504       109       63       1,196  
                       
    Income before taxes on income   29,201       28,194       12,833       4,075  
                       
    Taxes on income     (4,352 )     (4,690 )     (1,069 )     (628 )
                       
    Net income   $ 24,849     $ 23,504     $ 11,764     $ 3,447  
                       
    Earnings per share (basic and diluted)  $ 0.44     $ 0.41     $ 0.21     $ 0.06  
                       
    Weighted average number of shares used in               
      computing earnings per share                
      Basic      57,016,920       56,668,999       57,017,032       56,820,774  
      Diluted     57,016,920       56,672,537       57,017,032       56,820,774  
                                             
    GILAT SATELLITE NETWORKS LTD.
    RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME 
    FOR COMPARATIVE PURPOSES 
    U.S. dollars in thousands (except share and per share data)  
                             
         Three months ended     Three months ended 
        December 31, 2024   December 31, 2023
        GAAP   Adjustments (*)   Non-GAAP   GAAP   Adjustments (*)   Non-GAAP
        Unaudited   Unaudited
                             
    Gross profit $ 31,021   $ 575     $ 31,596   $ 28,920   $ 617     $ 29,537
    Operating expenses   18,251     3,680       21,931     26,041     (2,615 )     23,426
    Operating income    12,770     (3,105 )     9,665     2,879     3,232       6,111
    Income before taxes on income   12,833     (3,105 )     9,728     4,075     3,232       7,307
    Net income $ 11,764   $ (3,252 )   $ 8,512   $ 3,447   $ 3,097     $ 6,544
                             
    Basic earnings per share  $ 0.21   $ (0.06 )   $ 0.15   $ 0.06   $ 0.06     $ 0.12
                             
    Diluted earnings per share $ 0.21   $ (0.06 )   $ 0.15   $ 0.06   $ 0.05     $ 0.11
                             
                             
    Weighted average number of shares used in                       
    computing earnings per share                      
    Basic    57,017,032         57,017,032     56,820,774         56,820,774
    Diluted    57,017,032         57,024,316     56,820,774         56,987,939
                             
    (*) Adjustments reflect the effect of stock-based compensation expenses as per ASC 718, amortization of purchased intangibles, other operating income (expenses), net, other integration expenses and income tax effect on such adjustments which is calculated using the relevant effective tax rate.
              
        Three months ended   Three months ended
        December 31, 2024   December 31, 2023
            Unaudited           Unaudited    
                             
    GAAP net income      $ 11,764             $ 3,447      
                             
    Gross profit                      
    Stock-based compensation expenses       133               129      
    Amortization of purchased intangibles       389               448      
    Other integration expenses       53               40      
              575               617      
    Operating expenses                      
    Stock-based compensation expenses       653               796      
    Stock-based compensation expenses related to business combination   140               662      
    Amortization of purchased intangibles       216               162      
    Other operating income (expenses), net and other integration expenses   (4,689 )             995      
              (3,680 )             2,615      
                             
    Taxes on income       (147 )             (135 )    
                             
    Non-GAAP net income      $ 8,512             $ 6,544      
                                                 
    GILAT SATELLITE NETWORKS LTD.
    RECONCILIATION BETWEEN GAAP AND NON-GAAP CONSOLIDATED STATEMENTS OF INCOME 
    FOR COMPARATIVE PURPOSES 
    U.S. dollars in thousands (except share and per share data)  
                                 
             Twelve months ended     Twelve months ended 
            December 31, 2024   December 31, 2023
            GAAP   Adjustments (*)   Non-GAAP   GAAP   Adjustments (*)   Non-GAAP
            Unaudited   Audited   Unaudited
                                 
    Gross profit     $ 113,331   $ 3,673     $ 117,004   $ 104,945   $ 895     $ 105,840
    Operating expenses        85,634     (500 )     85,134     76,860     5,434       82,294
    Operating income       27,697     4,173       31,870     28,085     (4,539 )     23,546
    Income before taxes on income       29,201     4,173       33,374     28,194     (4,539 )     23,655
    Net income      $ 24,849   $ 3,376     $ 28,225   $ 23,504   $ (3,597 )   $ 19,907
                                 
    Basic earnings per share      $ 0.44   $ 0.06     $ 0.50   $ 0.41   $ (0.06 )   $ 0.35
                                 
    Diluted earnings per share     $ 0.44   $ 0.05     $ 0.49   $ 0.41   $ (0.06 )   $ 0.35
                                 
    Weighted average number of shares used in                        
    computing earnings per share                          
    Basic        57,016,920         57,016,920     56,668,999         56,668,999
    Diluted        57,016,920         57,041,778     56,672,537         56,784,601
                                 
    (*) Adjustments reflect the effect of stock-based compensation expenses as per ASC 718, amortization of purchased intangibles, other operating income, net, other non-recurring expenses, other integration expenses and income tax effect on such adjustments which is calculated using the relevant effective tax rate.
             
            Twelve months ended   Twelve months ended
            December 31, 2024   December 31, 2023
                Unaudited           Unaudited    
                                 
    GAAP net income         $ 24,849             $ 23,504      
                                 
    Gross profit                          
    Stock-based compensation expenses           518               407      
    Amortization of purchased intangibles           2,412               448      
    Other non-recurring expenses           466                    
    Other integration expenses           277               40      
                  3,673               895      
    Operating expenses                          
    Stock-based compensation expenses           2,771               2,354      
    Stock-based compensation expenses related to business combination   3,437               662      
    Amortization of purchased intangibles        988               312      
    Other operating income, net and other integration expenses        (6,696 )             (8,762 )    
                  500               (5,434 )    
                                 
    Taxes on income           (797 )             942      
                                 
    Non-GAAP net income          $ 28,225             $ 19,907      
    GILAT SATELLITE NETWORKS LTD.
    SUPPLEMENTAL INFORMATION
    U.S. dollars in thousands
                         
    ADJUSTED EBITDA:                  
                         
             Twelve months ended 
       Three months ended 
             December 31, 
      December 31, 
              2024       2023       2024       2023  
            Unaudited   Unaudited
                         
    GAAP net income       $ 24,849     $ 23,504     $ 11,764     $ 3,447  
    Adjustments:                  
    Financial income, net          (1,504 )     (109 )     (63 )     (1,196 )
    Taxes on income       4,352       4,690       1,069       628  
    Stock-based compensation expenses       3,289       2,761       786       925  
    Stock-based compensation expenses related to business combination   3,437       662       140       662  
    Depreciation and amortization (*)       13,777       13,627       3,068       3,862  
    Other operating expenses (income), net     (6,751 )     (8,771 )     (4,706 )     986  
    Other non-recurring expenses       466                    
    Other integration expenses       332       49       70       49  
                         
    Adjusted EBITDA     $ 42,247     $ 36,413     $ 12,128     $ 9,363  
                         
    (*) Including amortization of lease incentive            
                 
    SEGMENT REVENUES:            
            Twelve months ended 
       Three months ended 
             December 31, 
       December 31, 
              2024       2023       2024       2023  
            Unaudited
      Audited
      Unaudited
                         
    Satellite Networks     $ 198,174     $ 168,527     $ 49,064     $ 53,517  
    Integrated Solutions       54,925       46,133       17,257       9,503  
    Network Infrastructure and Services        52,349       51,430       11,807       12,592  
                         
    Total revenues     $ 305,448     $ 266,090     $ 78,128     $ 75,612  
    GILAT SATELLITE NETWORKS LTD.
    CONSOLIDATED BALANCE SHEETS
    U.S. dollars in thousands
             
        December 31,   December 31,
          2024       2023  
        Unaudited   Audited
             
    ASSETS        
             
    CURRENT ASSETS:        
    Cash and cash equivalents   $ 119,384     $ 103,961  
    Restricted cash     853       736  
    Trade receivables, net     53,554       44,725  
    Contract assets     20,987       28,327  
    Inventories     38,890       38,525  
    Other current assets     21,963       24,299  
             
    Total current assets     255,631       240,573  
             
    LONG-TERM ASSETS:        
    Restricted cash     12       54  
    Long-term contract assets     8,146       9,283  
    Severance pay funds     5,966       5,737  
    Deferred taxes     11,896       11,484  
    Operating lease right-of-use assets     6,556       5,105  
    Other long-term assets     5,288       9,544  
             
    Total long-term assets     37,864       41,207  
             
    PROPERTY AND EQUIPMENT, NET     70,834       74,315  
             
    INTANGIBLE ASSETS, NET     12,925       16,051  
             
    GOODWILL     52,494       54,740  
             
    TOTAL ASSETS   $ 429,748     $ 426,886  
             
    GILAT SATELLITE NETWORKS LTD.
    CONSOLIDATED BALANCE SHEETS (Cont.)
    U.S. dollars in thousands (except share data)
             
        December 31,   December 31,
          2024       2023  
        Unaudited   Audited
             
    LIABILITIES AND SHAREHOLDERS’ EQUITY        
             
    CURRENT LIABILITIES:        
    Short-term debt   $     $ 7,453  
    Trade payables      17,107       13,873  
    Accrued expenses      45,368       51,906  
    Advances from customers and deferred revenues     18,587       34,495  
    Operating lease liabilities     2,557       2,426  
    Other current liabilities     17,817       16,431  
             
    Total current liabilities     101,436       126,584  
             
    LONG-TERM LIABILITIES:        
    Long-term loan     2,000       2,000  
    Accrued severance pay     6,677       6,537  
    Long-term advances from customers and deferred revenues     580       1,139  
    Operating lease liabilities     4,014       3,022  
    Other long-term liabilities     10,606       12,916  
             
    Total long-term liabilities     23,877       25,614  
             
    SHAREHOLDERS’ EQUITY:        
    Share capital – ordinary shares of NIS 0.2 par value      2,733       2,733  
    Additional paid-in capital     943,294       937,591  
    Accumulated other comprehensive loss     (6,120 )     (5,315 )
    Accumulated deficit     (635,472 )     (660,321 )
             
    Total shareholders’ equity     304,435       274,688  
             
    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY   $ 429,748     $ 426,886  
                                       
    GILAT SATELLITE NETWORKS LTD.
    CONSOLIDATED STATEMENTS OF CASH FLOWS
    U.S. dollars in thousands
                       
          Twelve months ended 
      Three months ended 
          December 31, 
       December 31, 
            2024       2023       2024       2023  
          Unaudited   Audited   Unaudited
    Cash flows from operating activities:                
    Net income   $ 24,849     $ 23,504     $ 11,764     $ 3,447  
    Adjustments required to reconcile net income to net cash provided by operating activities:                
    Depreciation and amortization     13,554       13,402       3,012       3,805  
    Capital gain from sale of property            (2,084 )            
    Stock-based compensation *)     6,726       3,423       926       1,587  
    Accrued severance pay, net     (89 )     167       (72 )     12  
    Deferred taxes, net     1,834       2,662       298       (1,203 )
    Decrease (increase) in trade receivables, net     (9,347 )     13,448       (2,328 )     9,561  
    Decrease (increase) in contract assets     8,519       (1,694 )     11,506       (7,804 )
    Decrease (increase) in other assets and other adjustments (including                 
    short-term, long-term and effect of exchange rate changes on cash and cash equivalents)     11,661       (351 )     8,590       (3,949 )
    Decrease (increase) in inventories, net     (1,928 )     (2,387 )     544       3,798  
    Increase (decrease) in trade payables     3,196       (7,635 )     (1,884 )     (2,314 )
    Increase (decrease) in accrued expenses     (5,906 )     735       (8,581 )     3,517  
    Increase (decrease) in advances from customers and deferred revenues     (16,390 )     803       (4,228 )     (1,843 )
    Increase (decrease) in other liabilities     (5,010 )     (12,049 )     (3,265 )     1,343  
    Net cash provided by operating activities     31,669       31,944       16,282       9,957  
                       
    Cash flows from investing activities:                
    Purchase of property and equipment     (6,610 )     (10,746 )     (2,515 )     (2,090 )
    Acquisitions of subsidiary, net of cash acquired           (4,107 )           (4,107 )
    Receipts from sale of property           2,168              
    Net cash used in investing activities     (6,610 )     (12,685 )     (2,515 )     (6,197 )
                       
    Cash flows from financing activities:                
    Repayment of credit facility, net     (7,453 )     (1,590 )           (1,590 )
    Repayments of short-term debts     (7,836 )           (3,793 )      
    Proceeds from short-term debts     7,836             1,066        
    Costs associated with entering into a long-term debt     (654 )           (654 )      
    Net cash used in financing activities     (8,107 )     (1,590 )     (3,381 )     (1,590 )
                       
    Effect of exchange rate changes on cash, cash equivalents and restricted cash     (1,454 )     (63 )     (896 )     2,288  
                       
    Increase in cash, cash equivalents and restricted cash     15,498       17,606       9,490       4,458  
                       
    Cash, cash equivalents and restricted cash at the beginning of the period     104,751       87,145       110,759       100,293  
                       
    Cash, cash equivalents and restricted cash at the end of the period   $ 120,249     $ 104,751     $ 120,249     $ 104,751  
                       
    *)    Stock-based compensation including expenses related to business combination in the amounts of $3,437 and $662 for the twelve months ended December 31, 2024 and 2023, respectively.
         Stock-based compensation including expenses related to business combination in the amounts of $140 and $662 for the three months ended December 31, 2024 and 2023, respectively.

    The MIL Network

  • MIL-OSI United Kingdom: Fourth UK-India Energy Dialogue: joint statement

    Source: United Kingdom – Executive Government & Departments

    This joint statement was released following the meeting between UK Energy Secretary, Ed Miliband and India’s Minister of Power, Manohar Lal.

    The Fourth India-UK Energy Dialogue, co-chaired by Shri Manohar Lal, Union Minister of Power, India and Mr Ed Miliband, Secretary for Energy Security and Net Zero for United Kingdom, was held in, New Delhi on Monday 10th February, 2025.

    The dialogue focused on reviewing progress made in the energy sectors of both nations, including power and renewable energy, and reaffirming the commitment to a sustainable, resilient, and inclusive energy future. including across the breadth of sectors represented. They expressed satisfaction over the progress made to support green and sustainable growth, alongside accelerating the clean energy transition and ensuring energy security. The Ministers underscored the importance of ensuring that the energy transition and economic growth proceed together, while maintaining affordable and clean energy access for all.

    The Ministers underscored the importance of ensuring energy security and sustainable development and emphasised expanding the cooperation in the areas of power distribution, sector reforms, industrial energy efficiency and de-carbonisation, and electric mobility while exploring new opportunities in the emerging fields such as energy storage, green data centres, and offshore wind, with an increased focus on MSMEs.

    The Ministers were pleased to announce the launch of Phase-2 of the India-UK bilateral Accelerating Smart Power & Renewable Energy in India programme. This phase will aim to provide technical support for ensuring round the clock power supply, expanding renewable energy initiatives, and accelerating industrial energy efficiency and de-carbonisation, in collaboration with the Ministry of Power (MOP) and Ministry of New and Renewable Energy (MNRE).

    The Ministers were pleased to observe the bilateral collaboration between the two sides to promote growth and jobs, through technical assistance cooperation and investment. They also discussed the progress of trade missions focusing on offshore wind and green hydrogen, as well as the cooperation between the UK’s Energy Systems Catapult and India’s Power Trading Corporation.

    Recognising the shared ambition for advancing offshore wind development, the Ministers announced the establishment of a UK-India Offshore Wind Taskforce, which will focus on advancing offshore wind ecosystem development, supply chains, and financing models in both countries. Mr Miliband commended India’s ambitious initiatives in the renewable energy sector and shown a strong interest in gaining insights from India’s experience in implementing the Solar Rooftop Programme (PM – Surya Ghar Muft Bijli Yojna).

    The Ministers agreed on the importance of power market regulations in driving the energy transition and ensuring greater energy security and access. To support this, they announced the continuation of the Power Sector Reforms programme under the UK Partnering for Accelerating Climate Change (UKPACT). Additionally, a new taskforce has been proposed between the UK’s Office of Gas and Electricity Markets and India’s Central Electricity Regulatory Commission to support renewable energy integration and grid transformation in India.

    Both Ministers emphasised the ongoing value of the India-UK Energy Dialogue in advancing mutual energy transition goals, ensuring energy access, and building secure and sustainable clean energy supply chains while aligning these efforts with economic growth.

    The Ministers expressed their intention to further strengthen their collaboration through the Comprehensive Strategic Partnership and looked forward to the fifth UK-India Energy Dialogue in 2026. The dialogue concluded with the launch of the ‘Best Practices Compendium of Industrial Energy Efficiency/Decarbonisation’ and a ‘Pathways for Energy Efficiency and Decarbonisation in the Indian Aluminium Sector’.

    Updates to this page

    Published 12 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Nations: Facing the heat: How the Arab Region is tackling rising temperatures

    Source: UNISDR Disaster Risk Reduction

    Kuwait City, 12 February 2025 – Extreme heat is no longer a distant threat – it is a present reality. Across the Arab region, temperatures are reaching record highs, with some areas exceeding 50°C in recent years. Heatwaves, once described as the “silent killer,” are growing in intensity, duration, and frequency, posing severe risks to human health, economies, and ecosystems.

    At the Sixth Arab Regional Platform for Disaster Risk Reduction, a special session on extreme heat shed light on the urgency of this escalating crisis and the actions needed to strengthen resilience. The discussion aligned with the United Nations Secretary-General’s Call to Action on Extreme Heat, which urges global efforts to protect vulnerable populations, safeguard workers, enhance economic and societal resilience, and accelerate climate action.

    Climate projections paint a concerning picture for the Arab region. By 2041-2060, many areas will experience over 100 days per year where temperatures exceed 40°C, with some reaching 175 days annually. Coastal cities, where most of the region’s population resides, are particularly vulnerable, as the urban heat island effect compounds the crisis. Rising temperatures are a public health issue and a major challenge for food security, water resources, and economic stability.

    Extreme heat events are already taking a toll on livelihoods. Outdoor workers, such as those in construction and agriculture, face heightened risks of heat-related illnesses, while agricultural productivity declines due to drought, crop failures, and desertification. Even marine ecosystems are feeling the impact, with coral bleaching and declining oxygen levels in the Red Sea and Arabian Sea.

    The special session emphasized that while heatwaves are intensifying, they do not have to lead to catastrophe. Proactive planning, effective governance, and public awareness can help reduce risks and protect lives. Key approaches discussed included:

    • Improving heatwave forecasting and early warning systems to ensure communities receive timely alerts and can take protective measures.
    • Strengthening heat governance frameworks by recognizing heatwaves as disasters in national and local policies, enabling more effective responses.
    • Developing heat action plans tailored to cities and regions, integrating measures such as cooling centers, heat-adaptive infrastructure, and public awareness campaigns.
    • Ensuring cross-sectoral coordination, particularly between disaster risk management agencies and health services, to improve response strategies and preparedness.

    The session also underscored the need for greater investment in climate adaptation, particularly in solutions that cool urban environments, such as increasing green spaces and rethinking city planning to reduce heat absorption.

    A call for collective action

    As temperatures continue to rise, addressing extreme heat must become a priority for policymakers, scientists, and communities alike. The discussions at the Sixth Arab Regional Platform for DRR highlighted that while the challenge is immense, solutions exist – and with the right investments and policies, the region can become more heat-resilient.

    Extreme heat is a climate issue, a development challenge, a health emergency, and a humanitarian concern. Strengthening resilience will require bold action, innovation, and collaboration at all levels. As the world races to limit global temperature rise to 1.5°C, the Arab region’s approach to extreme heat will be a crucial test of its ability to adapt to a rapidly changing climate.

    MIL OSI United Nations News

  • MIL-OSI United Nations: WRRC Webinar: Driving Resilience: The Critical Role of Private Sector’s Readiness for Recovery

    Source: UNISDR Disaster Risk Reduction

    Venue

    Online participation via Zoom

    This webinar aims to address the critical role of private sector resilience in disaster recovery, highlighting the economic and social impacts of disasters on business operations. The session will explore lessons from past disasters, the links between climate change and operational resilience, and public-private collaboration in building resilience. Through expert insights and interactive discussions, it will highlight practical strategies for disaster adaptation and recovery, featuring contributions from key resilience networks. The discussion will also initiate dialogue on principles for private sector engagement in Disaster Risk Management (DRM) and emergency response, assessing their business case and gathering stakeholder feedback. Participants will gain actionable insights to strengthen organizational resilience and contribute to shaping emerging guidelines for private sector involvement in DRM.

    This webinar is co-organized by the Corporate Chief Resilience Officers (CCRO) Network, ARISE Private Sector Alliance for Disaster Resilient Societies, Asian Disaster Preparedness Center (ADPC), and the United Nations Office for Disaster Risk Reduction (UNDRR).

    Background

    Disasters disrupt communities and private sector operations, which form the backbone of economies and livelihoods. With businesses accounting for 70-80% of economic activity in most countries, their resilience is vital for recovery and stability. However, disasters often expose weaknesses in operational readiness, leading to financial losses, supply chain disruptions and prolonged recovery periods, affecting both businesses and national economies.

    Recent events such as Hurricane Katrina, the 2011 Great East Japan Earthquake, and the COVID-19 pandemic have demonstrated the severe impact disasters can have on private sector continuity. Climate change further intensifies these risks, with rising sea levels, extreme weather and resource scarcity threatening business sustainability, particularly in vulnerable regions. Strengthening private sector preparedness is essential to mitigate these cascading effects and ensure resilient recovery.

    Objectives

    This webinar will serve as a precursor to the technical session at the World Resilient Recovery Conference (WRRC), focusing on enhancing the operational readiness of private sector actors for resilient recovery. It will explore key challenges and data gaps related to private sector resilience, including operational continuity, financial preparedness, climate change impacts, and public-private collaboration. It will identify good practices for business resilience, outline potential strategies to address these challenges, and highlight areas for further discussion at the WRRC Technical Session. The session will also emphasize enhanced collaboration between businesses, governments, NGOs, and financial institutions to foster resilience and drive sustainable recovery efforts.

    The session further aims to:

    1. To synthesize good practices in operational readiness across diverse business scales, from large corporations to MSMEs, drawing on case studies and lessons learned from past events.
    2. To discuss a framework for climate-resilient business operations, examining the unique challenges posed by increasingly frequent and severe climate-driven disasters.
    3. To forge consensus on a standardized framework for declaring public-private partnerships in disaster resilience, identifying concrete opportunities to enhance collaboration in preparedness and recovery efforts in alignment with Sendai Framework Priority 4.  

    How to register:

    Online (Zoom) 10 April, 2-3.30 pm CET:

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: India – France Joint Statement on the visit of Shri Narendra Modi, Hon’ble Prime Minister of India to France

    Source: Government of India

    Posted On: 12 FEB 2025 3:22PM by PIB Delhi

    At the invitation of the President of the French Republic, H.E. Mr. Emmanuel Macron, the Prime Minister of India, Shri Narendra Modi, paid a visit to France on 10-12 February 2025. On 10 and 11 February 2025, France and India co-chaired the Artificial Intelligence Action Summit, gathering Heads of State and Government, leaders of international organizations, small and large enterprises, representatives of academia, non-governmental organizations, artists and members of civil society, in order to build on the important milestones reached during the Bletchley Park (November 2023) and Seoul (May 2024) summits. They underlined their commitment to take concrete actions to ensure that the global AI sector can drive beneficial social, economic and environmental outcomes in the public interest. Prime Minister Modi congratulated President Macron on France’s successful organization of AI Action Summit. France welcomed India’s hosting of the next AI Summit.

    This was Prime Minister Modi’s sixth visit to France, and follows President Macron’s visit to India in January 2024 as the Chief Guest for the 75th Republic Day of India. Prime Minister Modi and President Macron held bilateral discussions on the entire gamut of the exceptionally strong and multifaceted bilateral cooperation and on global and regional matters. Both leaders also went to Marseille where President Macron hosted a private dinner for Prime Minister Modi, reflecting the excellent relationship between the two leaders. They jointly inaugurated India’s Consulate General in Marseille. They also visited the International Thermonuclear Experimental Reactor facility.

    President Macron and Prime Minister Modi reaffirmed their shared vision for bilateral cooperation and international partnership, outlined in the Joint Statement issued following President Macron’s State Visit to India in January 2024 and in the Horizon 2047 Roadmap published during the visit of Prime Minister Modi to France in July 2023 as the Chief Guest of the Bastille Day Celebrations on the occasion of the 25th anniversary of the Strategic Partnership. They commended the progress achieved in their bilateral cooperation and committed to accelerating it further across its three pillars.

    The two leaders reiterated their call for reformed and effective multilateralism to sustain an equitable and peaceful international order, address pressing global challenges and prepare the world for emerging developments, including in the technological and economic domains. The two leaders stressed, in particular, the urgent need for the reform of the United Nations Security Council and agreed to coordinate closely in multilateral fora, including on UNSC matters. France reiterated its firm support for India’s permanent membership of the UNSC. The two leaders agreed to strengthen conversations on regulation of use of the veto in case of mass atrocities. They held extensive discussions on long-term global challenges and current international developments and agreed to intensify their global and regional engagement, including through multilateral initiatives and institutions.

    Acknowledging the paramount importance of advancing scientific knowledge, research and innovation, and recalling the long and enduring engagement between India and France in those areas, President Macron and Prime Minister Modi announced the grand inauguration of the India-France Year of Innovation in New Delhi in March 2026 by launching its Logo.

    Partnership for Security and Sovereignty

    Recalling the deep and longstanding defence cooperation between France and India as part of the Strategic Partnership, President Macron and Prime Minister Modi welcomed the continuation of the cooperation of air and maritime assets in line with the ambitious Defence Industrial Roadmap agreed in 2024. Both leaders commended progress in collaboration in construction of Scorpene submarines in India, including indigenization, and in particular the work carried out with a view to the integration of DRDO developed Air Independent Propulsion (AIP) into P75-Scorpene submarines and the analyses conducted regarding the possible integration of the Integrated Combat System (ICS) into the future P75-AS submarines. Both leaders welcomed the commissioning of the sixth and final submarine of the P75 Scorpene-class project, INS Vaghsheer, on 15 January 2025.Both sides welcomed the ongoing discussions in missiles, helicopter engines and jet engines. They also welcomed the excellent cooperation between the relevant entities in the Safran group and their Indian counterparts. Prime Minister Modi also invited the French Army to take a closer look at the Pinaka MBLR, emphasizing that an acquisition of this system by France would be another milestone in Indo-French defence ties. In addition, President Macron welcomed the decision to include India as an observer to the Eurodrone MALE programme managed by OCCAR, which is another step forward in the growing strength of our partnership in defence equipment programmes.

    Both leaders appreciated the regular conduct of military exercises in all domains including maritime exercises and joint patrolling by maritime patrol aircraft. They noted the recent visit of the French Carrier Strike Group Charles De Gaulle to India in January 2025, followed by the Indian Navy’s participation in the French multinational exercise La Perouse, and the future conduct of the Varuna exercise in March 2025.

    They welcomed the launch of FRIND-X (France-India Defence Startup Excellence) in Paris on 5-6 December 2024, involving the DGA and the Defence Innovation Agency, in line with the vision enshrined in HORIZON 2047 and the India-France Defence Industrial Roadmap. This collaborative platform brings together key stakeholders across both defence ecosystems, including defence startups, investors, incubators, accelerators, and academia, fostering a new era of defence innovation and partnership.

    In order to deepen the research and development partnerships in defence, both leaders stressed on the early launch of an R&D framework through a Technical Arrangement for cooperation in defence technologies between DGA and DRDO. Inaddition, both leaders welcomed the ongoing discussions between L’Office National d’Etudes et de Recherches Aérospatiales (ONERA) and Defence Research and Development Organisation (DRDO) to identify technologies for R&D partnerships. Further, India welcomes the participation of Indian students, alongside French students, in the challenge on distributed intelligencelaunched recently by Interdisciplinary Center for Defence and Security from the Institut Polytechnique de Parisand encourages organizing of more joint challenges in the future to evoke the interest of students in defence.

    Both leaders had a detailed conversation on international issues, including on the Middle-East and the war in Ukraine. They agreed to pursue their efforts to coordinate and remain closely engaged on a regular basis.

    The two leaders recalled the launch of the India-Middle East-Europe Corridor (IMEC) on the margins of the G20 Summit in Delhi in September 2023 and agreed to work together more closely on implementing the initiative. Both leaders stressed the importance of IMEC to foster connectivity, sustainable growth trajectories and access to clean energy across these regions. In this regard, they acknowledged the strategic location of Marseille in the Mediterranean Sea.

    They underlined the key importance of strengthening EU-India relations, in view of the upcoming India-EU summit at the earliest possible in New Delhi.

    They appreciated the growing cooperation in trilateral format with Australia and with the United Arab Emirates. They commended the joint military exercises that took place between France, India and the United Arab Emirates, as well as the participation of India, France and Australia in each others’ multilateral military exercises. At the invitation of the United Arab Emirates and India, France joined the Mangrove Alliance for Climate. They directed their concerned officials to work together with officials from the Governments of United Arab Emirates and Australia, towards identifying concrete projects of trilateral cooperation in the field of economy, innovation, health, renewable energy, education, culture, and the maritime domain, including under the IPOI and IORA as identified during the focal points meeting held virtually last year for both the trilateral dialogues.

    The two leaders underlined their common commitment to a free, open, inclusive, secure and peaceful Indo-Pacific region.

    They reiterated their desire to continue to deepen bilateral cooperation in the space sector. Taking note of the substantial contribution of the first two sessions of the India-France Strategic Space Dialogue to furthering this objective, they agreed to hold its third session in 2025. They commended the strength of the partnership between CNES and ISRO and supported the development of collaborations and synergies between their space industries.

    The two leaders reaffirmed their unequivocal condemnation of terrorism in all its forms and manifestations, including cross-border terrorism. They called for the disruption of terrorism financing networks and safe havens. They further agreed that no country should provide safe haven to those who finance, plan, support, or commit terrorist acts. The leaders also called for concerted action against all terrorists, including through designations of individuals affiliated with groups that are listed by the UN Security Council 1267 Sanctions Committee. The two sides emphasized the importance of upholding international standards on anti-money laundering and combating the financing of terrorism, consistent with Financial Action Task Force recommendations. Both countries reiterated their commitment to work together in FATF, No Money For Terror (NMFT) and other multilateral platforms.

    They commended the cooperation between the National Security Guard (NSG) of India and the Groupe d’Intervention de la Gendarmerie Nationale (GIGN) for agency-level cooperation in the field of counter-terrorism. The two leaders welcomed the outcomes of the counter-terrorism dialogue held in April 2024, reflecting the growing India – France counter-terrorism and intelligence cooperation. The two leaders also looked forward to the successful organization of Milipol 2025 in New Delhi.

    They welcomed the ongoing discussions to create a comprehensive framework for an enhanced bilateral cooperation in the civil aviation sector, which are at advanced stages.

    Prime Minister Modi and President Macron launched an India-France Roadmap on Artificial Intelligence (AI), rooted in the philosophical convergence in their approaches focusing on the development of safe, open, secure and trustworthy artificial intelligence. They welcomed the inclusion of Indian startups at the French Startup Incubator Station F. They also welcomed the expanded possibilities for using India’s real-time payment system – Unified Payments Interface (UPI) – in France. The two leaders reiterated the strategic significance of cyberspace and their wish to strengthen their coordination at the United Nations regarding the application of international law and the implementation of the framework for responsible State behaviour in cyberspace, as well as the need to address issues arising from the proliferation of malicious cyber tools and practices. They looked forward to the next India-France Strategic Cybersecurity and Cyberdiplomacy Dialogues to be held in 2025.

    Partnership for the Planet

    Prime Minister Modi and President Macron stressed that nuclear energy is an essential part of the energy mix for strengthening energy security and transitioning towards a low-carbon economy. Both leaders acknowledged the India-France civil nuclear ties and efforts in cooperation on the peaceful uses of nuclear energy, notably in relation with the Jaitapur Nuclear Power Plant Project. They welcomed the first meeting of the Special Task Force on Civil Nuclear Energy, and welcomed the signing of a letter of intent on Small Modular Reactor (SMR) and Advanced Modular Reactor (AMR) and the Implementing Agreement between India’s GCNEP, DAE and France’s INSTN, CEA for cooperation in training and education of nuclear professionals.

    The two leaders reaffirmed their countries’ commitment to jointly address the environmental crises and challenges including climate change and promoting sustainable lifestyles. The leaders welcomed the renewal of bilateral cooperation in the field of environment between the Ministries of Environment. Both leaders reiterated their commitment to the principles established by the Paris Pact for People and the Planet for reform of the international financing system towards supporting vulnerable countries in addressing both the eradication of poverty and the preservation of the planet. Both leaders affirmed the significance of United Nations Oceans Conference (UNOC-3) as an important milestone in international efforts towards conservation and sustainable use of oceans. In the context of upcoming UNOC-3 to be held in Nice in June 2025, France and India recognize the importance of the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity Beyond Areas of Natural Jurisdiction (BBNJ Agreement), as one of the pillars of inclusive and holistic international ocean governance. Having already signed the treaty, they called for its entry into force at the earliest. Prime Minister Modi offered India’s support to France for UNOC-3 in June 2025.

    They lauded the launching of the India-France Indo-Pacific Triangular Development Cooperation, aiming to support climate- and SDG-focused projects from third countries in the Indo-Pacific region. The two leaders welcome the partnership between Proparco and the concerned Indian microfinance institutions for an equity agreement of 13 million Euros in the areas of financial inclusion and women empowerment. They also commended the strong and fruitful cooperation within the framework of the Franco Indian presidency of the Coalition for Disaster Resilient Infrastructure and the International Solar Alliance.

    Noting the record level of bilateral trade in 2024, they acknowledged that there is vast untapped potential for trade and investment between the two countries. Both leaders highlighted the need to maintain strong confidence for companies investing in France and in India. They commended the numerous economic cooperation projects announced in 2024 in the field of urban development. They recalled the participation of India as guest of honor of the 7th Choose France Summit in Versailles in May 2024. The two leaders were delighted with the organization of the bilateral CEOs Forum in November 2024 and February 2025.

    The two leaders expressed their satisfaction with the unprecedented momentum initiated for cooperation between the two Ministries of Health, with the first mission in Paris of India’s Ministry for Health and Family Welfare last January. Digital health, anti-microbial resistance and exchange of health professionals have been identified as the main priorities for bilateral cooperation in 2025. The two leaders welcomed the signature of a Letter of Intent between PariSante Campus and the C-CAMP (Centre for Molecular Platforms), and the creation of the Indo-French Life Sciences Sister Innovation Hub.

    Partnership for the People

    Recalling the ambition underpinning the Letter of Intent signed on the occasion of Prime Minister Modi’s visit to France in July 2023, President Macron and Prime Minister Modi welcomed the signature of the Agreement between the National Museum in Delhi and France Muséums Développement in December 2024. This agreement paves the way for further collaboration as well as broader museum cooperation including training of Indian professionals. France offered to continue consultations on its participation in the development of the National Maritime Heritage Complex.

    To celebrate the 60th Anniversary of the signing of the first cultural agreement between India and France in 1966, both sides agreed to undertake multiple cultural exchanges and programs in the context of the Year of Innovation 2026 which is a cross-sectoral initiative that includes culture.

    Prime Minister Modi congratulated President Macron on the successful organization of the Paris Olympics and Paralympics 2024 and thanked President Macron’s willingness to share France’s experience and expertise regarding the organization and securing of major international sporting events in the context of India’s bid to host the Olympics and Paralympics Games in 2036.

    Both Leaders welcomed the launch of a regional edition of the Raisina Dialogue focusing on Mediterranean issues in Marseille in 2025, to foster high-level dialogue involving representatives of governments, industry leaders, experts on trade and connectivity issues and other relevant stakeholders with an aim to enhance trade and connectivity between the Mediterranean and the Indo-Pacific regions.

    Both leaders welcomed the successful launch in September 2024 of the International Classes Scheme under which Indian students are taught French as a foreign language, and methodology and academic contents in highly reputed French universities in France during one academic year, before entering their chosen curricula in France. It will create conducive conditions to increase student mobility and meet the target of 30,000 Indian students in France by 2030. In that regard, they welcomed the rising number of Indian students in France, with 2025 figures expected to reach an unprecedented 10,000.

    Both leaders also welcomed the operationalization of the Young Professionals Scheme (YPS) under India-France Migration and Mobility Partnership Agreement (MMPA) which will facilitate two way mobility of youth and professionals, further strengthening the bonds of friendship between people of India and France. Moreover, both leaders stressed on early conclusion of the Memorandum of Understanding to foster cooperation in the fields of skill development, vocational education and training which will create opportunities for both countries to strengthen cooperation in this field.

    To foster their dynamic and comprehensive Strategic Partnership, both countries committed to constantly deepen their long-term cooperation following the ambitions expressed in the bilateral Horizon 2047 Roadmap.

    ***

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: List of Outcomes: Visit of the Prime Minister to France

    Source: Government of India

    Posted On: 12 FEB 2025 3:20PM by PIB Delhi

    S. No. MoUs/ Agreements/ Amendments Areas

    1.

    India France Declaration on Artificial Intelligence (AI)

    Technology & Innovation, S&T

    2.

    Launch of the Logo for the India-France Year of Innovation 2026

    Technology & Innovation, S&T

    3.

    Letter of Intent between Department of Science and Technology (DST), Government of India and Institut National de Recherche en Informatique et en Automatique (INRIA) France to establish the Indo-French Center for the Digital Sciences

    Technology & Innovation, S&T

    4.

    Agreement for hosting 10 Indian Startups at the French Start-up incubator Station F

    Technology & Innovation, S&T

    5.

    Declaration of Intent on establishment of partnership on Advanced Modular Reactors and Small Modular Reactors

    Civil Nuclear Energy

    6.

    Renewal of MoU between Department of Atomic Energy (DAE), India and Commissariat à l’Energie Atomique et aux Energies Alternatives of France (CAE), France concerning cooperation with Global Center for Nuclear Energy Partnership (GCNEP)

    Civil Nuclear Energy

    7.

    Implementing Agreement between DAE of India and CEA of France concerning cooperation between GCNEP India and Institute for Nuclear Science and Technology (INSTN) France

    Civil Nuclear Energy

    8.

    Join Declaration of Intent on Triangular Development Cooperation

    Indo-Pacific/ Sustainable Development

    9.

    Joint Inauguration of India’s Consulate in Marseille

    Culture/ People-to-People

    10.

    Declaration of Intent between The Ministry for the Ecological Transition, Biodiversity, Forests, Marine Affairs and Fisheries and The Ministry of Environment, Forest and Climate Change in the Field of Environment.

    Environment

    ***

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Prime Minister holds bilateral talks with President of France

    Source: Government of India

    Posted On: 12 FEB 2025 3:24PM by PIB Delhi

    In a special gesture reflecting the personal rapport between the two leaders, Prime Minister Shri Narendra Modi and President Emmanuel Macron flew together from Paris to Marseille in the French Presidential Aircraft yesterday. They held discussions on the full spectrum of bilateral relations and key global and regional issues. This was followed by delegation level talks after arrival in Marseille. The leaders reaffirmed their strong commitment to the India-France Strategic Partnership, which has steadily evolved into a multifaceted relationship over the past 25 years.

    The talks covered all aspects of the India-France strategic partnership. The two leaders reviewed cooperation in the strategic areas of Defence, Civil Nuclear Energy and Space. They also discussed ways to strengthen collaboration in the fields of Technology and Innovation. This area of partnership assumes greater salience in the backdrop of the just concluded AI Action Summit and the upcoming India-France Year of Innovation in 2026. The leaders also called for enhancing trade and investment ties and in this regard welcomed the report of the 14th India- France CEOs Forum.

    ⁠Prime Minister and President Macron expressed satisfaction at the ongoing collaboration in the fields of health, culture, tourism, education and people-to-people ties. They committed to further deepen engagement in the Indo-Pacific and in global forums and initiatives.

    Joint Statement outlining the way forward for India- France ties was adopted after the talks. Ten outcomes in the areas of Technology and Innovation, Civil Nuclear Energy, Triangular Cooperation, Environment, Culture and People to People relations were also finalized (list attached).

    President Macron hosted a dinner in honour of Prime Minister in the coastal town of Cassis, near Marseille. Prime Minister invited President Macron to visit India.

    List of Outcomes: Visit of the Prime Minister to France (10-12 February 2025)

    S. No. MoUs/ Agreements/ Amendments Areas

    1.

    India France Declaration on Artificial Intelligence (AI)

    Technology & Innovation, S&T

    2.

    Launch of the Logo for the India-France Year of Innovation 2026

    Technology & Innovation, S&T

    3.

    Letter of Intent between Department of Science and Technology (DST), Government of India and Institut National de Recherche en Informatique et en Automatique (INRIA) France to establish the Indo-French Center for the Digital Sciences

    Technology & Innovation, S&T

    4.

    Agreement for hosting 10 Indian Startups at the French Start-up incubator Station F

    Technology & Innovation, S&T

    5.

    Declaration of Intent on establishment of partnership on Advanced Modular Reactors and Small Modular Reactors

    Civil Nuclear Energy

    6.

    Renewal of MoU between Department of Atomic Energy (DAE), India and Commissariat à l’Energie Atomique et aux Energies Alternatives of France (CAE), France concerning cooperation with Global Center for Nuclear Energy Partnership (GCNEP)

    Civil Nuclear Energy

    7.

    Implementing Agreement between DAE of India and CEA of France concerning cooperation between GCNEP India and Institute for Nuclear Science and Technology (INSTN) France

    Civil Nuclear Energy

    8.

    Join Declaration of Intent on Triangular Development Cooperation

    Indo-Pacific/ Sustainable Development

    9.

    Joint Inauguration of India’s Consulate in Marseille

    Culture/ People-to-People

    10.

    Declaration of Intent between The Ministry for the Ecological Transition, Biodiversity, Forests, Marine Affairs and Fisheries and The Ministry of Environment, Forest and Climate Change in the Field of Environment.

    Environment

    ***

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    MIL OSI Asia Pacific News