LONDON: A group of 50,000 self-employed women in India have become the first beneficiaries of a novel insurance scheme that pays out when temperatures hit certain extremes.
As the temperature crossed 40 degrees Celsius (104 degrees Fahrenheit) between May 18 and May 25, the women in the states of Rajasthan, Gujarat and Maharashtra all received a flat $5 payment.
“This is the first time that insurance payouts and a direct cash assistance program have been combined to supplement the income of women when it’s dangerously hot,” said Kathy Baughman McLeod, CEO of non-profit Climate Resilience for All, which designed the insurance scheme along with India’s Self-Employed Women’s Association (SEWA).
The bulk of the women, some 92 percent, then went on to receive an additional payout when insurance tied to the local conditions and duration of the extreme heat was triggered, with some receiving up to $19.80 each.
Insurance is increasingly seen by policymakers as a tool to help vulnerable communities receive financial support quickly after extreme weather events occur.
Total payments across the program totalled $341,553.
Extreme heat triggers novel insurance payout for 50,000 women in India
https://arab.news/pn9ew
Extreme heat triggers novel insurance payout for 50,000 women in India
- 50,000 self-employed women in India have become first beneficiaries of insurance scheme that pays out when temperatures hit certain extremes
- As the temperature crossed 40 degrees Celsius between May 18-25, women in the states of Rajasthan, Gujarat and Maharashtra all received $5 payment
EU parliament approves 90-bn-euro loan for Ukraine amid US cuts
- awmakers voted by 458 to 140 in favor of the loan, intended to cover two-thirds of Ukraine’s financial needs for 2026 and 2027
The EU parliament on Wednesday approved a 90-billion-euro loan for Ukraine, providing a financial lifeline to cash-strapped Kyiv four years into Russia’s invasion.
Lawmakers voted by 458 to 140 in favor of the loan, intended to cover two-thirds of Ukraine’s financial needs for 2026 and 2027 and backed by the EU’s common budget — after plans to tap frozen Russian central bank assets fell by the wayside.
Military aid to Ukraine hit its lowest level in 2025 as the US pulled funding, leaving Europe almost alone in footing the bill and averting a complete collapse, the Kiel Institute said Wednesday.
Kyiv's allies allocated 36 billion euros ($42.9 billion) in military aid in 2025, down 14 percent from 41.1 billion euros the previous year, according to Kiel, which tracks military, financial and humanitarian assistance pledged and delivered to Ukraine since Russia's full-scale invasion.
Military aid in 2025 was even lower than in 2022, despite the invasion not taking place until February 24 that year.
US aid came to a complete halt with President Donald Trump's return to the White House in early 2025.
Washington provided roughly half of all military assistance between 2022 and 2024.
European countries have thus made a significant effort to plug the gap, increasing their collective allocation by 67 percent in 2025 compared with the 2022-2024 average.
Without that effort, the US cuts could have been even more damaging, the institute argued.
However, the think tank points to "growing disparities" among European contributors, with Northern and Western European countries accounting for around 95 percent of military aid.
The institute calculated that Northern European countries (Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden) provided 33 percent of European military aid in 2025, despite accounting for only eight percent of the combined GDP of European donor countries.
Southern Europe, which accounts for 19 percent of the combined GDP of European donors, contributed just three percent.
To help fill the gap left by the United States, NATO launched the PURL programme, under which European donors purchased US weapons for Ukraine, worth 3.7 billion euros in 2025.
Kiel called the initiative a "notable development", which had enabled the acquisition of Patriot air-defense batteries and HIMARS multiple-launch rocket systems.
European allies are also increasingly placing orders with Ukraine's own defence industry, following a trend started by Denmark in 2024.
War-torn Ukraine's defence production capacity has "grown by a factor of 35" since 2022, according to Kiel, but Kyiv lacks the funds to procure enough weapons to keep its factories working at full capacity.
Orders from 11 European donor countries helped bridge that gap last year.
In the second half of 2025, 22 percent of weapons purchases for Ukraine were procured domestically, a record high.
