News Analysis India

Tag: Global challenges

  • New Investment Firm Terra Invest Aims to Tackle Global Challenges |

    Terra Invest, a new investment firm with offices in the UAE and London, is adopting a novel approach to investment by integrating public policy and innovative capital structures into their strategy. This methodology aims to address global challenges through strategic investments.

    The firm’s model incorporates policy considerations at every investment stage, promoting sustainable value creation and mitigating risks in rapidly evolving sectors like AI and blockchain. Terra Invest focuses on financial services, AI, healthcare, renewable energy, digital leisure, and infrastructure, bringing together experts from various fields to achieve its goals.

    Supported by Mount Row Partners and other Asia-based family offices, Terra Invest has already completed transactions worth over USD 230 million. The firm plans to increase its assets under management (AUM) to USD 2.5 billion by 2025.

    Ambassador Kirk Wagar, a founding partner, highlighted the importance of geopolitical awareness in the current investment climate. “Understanding macro and micro political changes is crucial for anticipating risks and making informed decisions to protect and enhance portfolios,” Wagar stated.

    Ankiti Bose, another founding partner, emphasized the firm’s commitment to creating financial value and positive global impact. “Our unique approach ensures that our investments are financially sound, create value for our shareholders, and positively impact the world,” Bose said.

    Terra Invest aims to leverage its understanding of geopolitical shifts and regulatory changes to make informed investment decisions that generate positive financial returns and contribute to an innovative world.

  • Need global approach for key challenges like pandemics: External Affairs minister S Jaishankar

    By PTI
    NEW DELHI: One of the paradoxes of current times has been that though climate change, terrorism and pandemics are global problems, the response to them tends to be national, External Affairs Minister S Jaishankar said on Wednesday.

    Jaishankar also noted that there was a need to effectively utilise the capabilities spread across the world to deal with the coronavirus pandemic. The external affairs minister was speaking at a virtual interactive session with former British prime minister Tony Blair at the India Global Forum. “The reality is that nobody can make vaccines by themselves. If the world comes together, we are going to scale up production of vaccines,” Jaishankar said.

    India has been consistently calling for adopting a united global approach in dealing with major challenges facing the world like terrorism, climate change and pandemics. “One of the paradoxes of our era is that the real problems are all global. Climate change is global, terrorism is global, pandemics are global. But our response tends to be national. Just look back at the last year-and-half,” he said.

    “Which country has not thought nationally? Unless we are able to overcome that and look at international coordination and collaboration, we are not going to be able to get on top of this,” Jaishankar said, referring to the coronavirus pandemic.

    In his remarks, Jaishankar also mentioned the adverse impact of the pandemic including job losses on a huge scale, economic stress and how it forced people to change lifestyles. “Our lives have come, in a sense, to a halt. People lost lives on a huge scale, the stress level has increased, there have been changes in lifestyle. It is huge and still continuing,” he said.

    Jaishankar said that there have been indications from the beginning of 2021 by the world community on working together to address the problem. “I am optimistic about much more international collaboration on the response system,” he said.

    Jaishankar said the pandemic has taken health right up the priority list as well as accelerated the digital side of people’s lives. “A new global agenda is in the making. The new global agenda is much greener, is much more health conscious much more digital. It looks at a lot of other insecurities which were magnified by the pandemic,” he said.

    Blair said the G20 can play a crucial role in uniting global efforts to deal with the challenge. He said India will be a very important player in the production of COVID-19 vaccines. In his comments, Jaishankar also underlined the need for reforms in multilateral institutions to effectively deal with challenges facing the world.