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Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
Japan’s Annual Average Temperature Soars to Record High in 2024
Nippon | English | News | Jan. 22, 2025 | Climate Change
In 2024, Japan experienced its highest average temperature since 1898, rising 1.48 degrees Celsius above the 30-year average ending in 2020. This marks the second consecutive year of record high temperatures, following a 1.29 degree increase in 2023. The last six years have seen the six highest annual averages, highlighting the ongoing impact of climate change.
The Japan Meteorological Agency compiles data from 15 carefully selected locations to reduce urbanization bias. In 2024, a shift in prevailing westerly winds toward the north led to an influx of warmer air. Record-high temperatures were noted in both summer and autumn, with significant year-over-year increases across regions such as Kant-Kshin, Tkai, and Kansai.
Regional temperature increases varied, with Kant-Kshin recording the highest rise at 1.7 degrees and Okinawa the lowest at 1.0 degrees. These changes represent the largest temperature shifts in these areas since 1946, signaling urgent concerns about climate change effects in Japan.
出産奨励でも止まらない?中国の深刻な人口減少
China's serious population decline: encouraging people to have more children doesn't stop it?
Mainichi Shimbun | Local Language | News | Jan. 22, 2025 | UndeterminedDemographics
China's population continues to decline despite government measures to boost birth rates after ending the one-child policy in 2015. The natural increase rate has fallen for two consecutive years, with declines of 0.06% in 2022 and 0.145% in 2023. Although a slight population increase may occur in 2024 due to delayed marriages and childbirths during the COVID-19 pandemic, long-term projections indicate ongoing population decline.
Current United Nations estimates place China's population at approximately 1.41 billion in 2023, with expectations of a decrease to 1.4 billion by 2031 and 1.3 billion by 2047. There are forecasts that it could drop below 1.2 billion by 2056. The accelerated decline rate, compared to historical data and Japan's slower decreases, is largely a legacy of the one-child policy, contributing to China losing its status as the most populous country to India.
To counteract the falling birthrate, the Chinese government has relaxed strict birth control measures, allowing couples to have up to three children. However, analysts warn that China's demographic allure, which previously drew substantial investment, may fade as the population gap with India widens. Projections suggest this gap could exceed 100 million by 2029 and reach 300 million by 2042, presenting a significant demographic challenge for China.
令和6年度革新的な省CO2実現のための部材や素材の社会実装・普及展開加速化事業の公募採択について
Selection of companies for the FY2024 public offering project to accelerate the social implementation and popularization of innovative components and materials for reducing CO2 emissions
MOE | Local Language | Government | Jan. 22, 2025 | Climate Change
A project aimed at enhancing the use of innovative materials for CO2 reduction has selected a proposal from a public call. This initiative, part of the FY2024 Project by the Ministry of the Environment, focuses on developing materials like gallium nitride (GaN) and cellulose nanofibers (CNF) that offer significant CO2 reductions over conventional options. The project addresses challenges in performance evaluation, cost, and development to promote widespread adoption in mass production.
The selected proposal is a collaboration between Panasonic Holdings, Nagoya University, University of Tsukuba, and eVooster Inc. It targets high-efficiency inverters and system control technology for storage batteries to boost renewable energy integration. The selection process ran from November 7, 2024, to November 25, 2024, with details potentially subject to change based on review committee feedback.
Proposals were evaluated by an external expert committee based on criteria such as the relevancy of technical issues, the significance of presented innovations, alignment with national circular economy policies, and feasibility of achieving CO2 reduction and cost efficiency targets. The evaluation process also considered the implementation structure, technological capabilities, commercialization prospects by 2030, and the anticipated societal impact on CO2 emissions.
For inquiries about the project, the Global Warming Prevention Division of the Ministry of the Environment can be contacted, with specific communication details provided for project representatives.
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