Latest news with #ParkCity
Euronews
10 hours ago
- Business
- Euronews
How climate resilience projects are paying off around the world
As floods, fires and heatwaves grow more frequent and destructive, new research shows that climate adaptation isn't just urgent. It's also one of the smartest investments governments can make. According to a new report from the World Resources Institute (WRI), every €1 spent on climate adaptation will yield roughly €10 in benefits over a decade. That figure comes from analysing 320 projects across 12 countries, including infrastructure upgrades, health system improvements and disaster risk management schemes. All told, they amounted to more than €1 trillion in projected returns. 'This research has pried open the lid on what resilience is truly worth – and even that first glimpse is staggering," said Sam Mugume Koojo, co-chair of the Coalition of Finance Ministers for Climate Action from Uganda. Glaciers are disappearing from the Alps, and record heatwaves and flash floods are costing lives and destroying livelihoods. Scientists warn that even if warming reverses, much of the damage, such as Arctic melting, won't be undone in our lifetimes. As climate change intensifies, the need to protect lives, economies and ecosystems is no longer a distant concern. But this research suggests that adaptation is not only a necessity – it pays off. The WRI defines adaptation investments as those aimed at reducing or managing physical climate risks, such as climate-smart agriculture, expanded health services and urban flood protection. The research found that some sectors generate bigger gains than others. While the WRI projects 27 per cent returns on average, health-focused initiatives, such as expanding services to cope with rising malaria and heat stress, could deliver average returns of 78 per cent. Investments in risk management projects, from early warning systems to flood defences, also stand out for their high impact and cost-efficiency. And they didn't just pay off in times of crisis. The WRI report found that over half of the benefits from adaptation projects occur even if climate shocks don't happen. For example, irrigation systems can support crop diversity, and evacuation shelters can double as community centres. 'One of our most striking findings is that adaptation projects aren't just paying off when disasters happen – they generate value every day through more jobs, better health and stronger local economies,' said Carter Brandon, senior fellow at WRI. 'That's a major mind shift: policymakers don't need a disaster to justify resilience – it's simply smart development.' Europe has made progress. Breda in the Netherlands recently became the EU's firstNational Park City in recognition of its work to restore wetlands, green its streets and adopt a whole-of-society approach to embracing eco-minded urban development. Twenty-two cities in Europe, including Copenhagen, Milan and Stockholm, earned an A grade from the non-profit CDP in 2023 for theirclimate leadership. Experts still say that Europe lacks a clear, unifiedgreen development strategy. Some warn that investment is not keeping pace with growing risks. In 2023 alone, disasters cost the continent more than €77 billion, according to the World Bank. Without action, the economic toll of climate change could reach seven per cent of EU GDP. But countries around the world are exploring unconventional methods to prepare for the future and improve life in the present. The Pacific island nation of Nauru has proposed a 'golden passport' scheme, offering citizenship to climate investors to help fund critical infrastructure – a controversial idea that underscores the urgency many nations face in bridging adaptation finance gaps. As global leaders prepare for COP30, the WRI and others argue that climate adaptation should no longer be treated as a side project but rather as a central part of policy. 'This evidence gives leaders and non-state actors exactly what they need heading into COP30: a clear economic case for scaling adaptation,' said Dan Ioschpe, a high-level champion for COP30, the global climate conference taking place in Belém, Portugal, in November. 'Belém must become a turning point [in] mainstreaming resilience into national and local priorities and unlocking the full potential of non-state actors' leadership.'
Hospitality Net
5 days ago
- Business
- Hospitality Net
Clay Zellermayer has been appointed General Manager at Westgate Park City Resort & Spa
Westgate Resorts is proud to announce the appointment of Clay Zellermayer as the general manager role at the award-winning Westgate Park City Resort & Spa in Utah. Zellermayer, an accomplished hospitality leader in his own right, now brings his proven capabilities to Westgate Park City Resort & Spa. Under his stewardship, Westgate Vacation Villas & Town Center Resort achieved new benchmarks in guest experience and operational performance. His transition to Park City signals a strategic focus on strengthening Westgate's luxury and ski resort offerings. This appointment reflects Westgate's ongoing commitment to developing talent from within for internal advancement and fostering a leadership culture that spans coast to coast.
Forbes
23-05-2025
- Forbes
Take A Hike, Literally, At These Popular U.S. Destinations
Hiking produces endorphins that boost your mood and energy. Getty Images Hiking has become one of the most popular forms of exercise. In 2024, over 63 million people in the U.S. participated in hiking at least once. This represents a significant increase compared to previous years, with a growth of about 31% since 2010. There are many reasons to take a hike. Hiking strengthens the muscles in your body, while stimulating the feel-good chemical hormones of adrenaline and endorphins that boost your mood and energy. Hiking can help build stronger muscles and bones, improve your sense of balance, increase heart health and is a great way to burn calories. According to the National Park Service, hiking is the perfect full-body workout that not only impacts your physical health, but the ideal way to clear your mind for your mental health. AllTrails is the quintessential guide for hikers. Search over 450,000 trails with trail information, maps, detailed reviews and photos curated by millions of hikers, campers and nature lovers. With a simple but important message of 'helping the world find its way outside,' AllTrails can turn a couch potato into an outdoor adventure seeker. Park City offers a wide variety of hiking trails. AllTrails Home to 400 miles of hiking trails, Park City, Utah boasts hiking terrain for all levels, ages and even for furry friends. From the panoramic views along the Mid Mountain Trail to the dog-friendly paths of Round Valley, there is something for every adventurer. Close to Park City, Donut Falls Trail is a 3.3-mile out-and-back trail. Generally considered an easy route, it takes an average of 1 hour 29 minutes to complete. This is a very popular area for hiking and walking, so you'll likely encounter other people while exploring. The best times to visit this trail are June through October. Where to stay: Montage Deer Valley is an adventure lover and outdoor enthusiasts dream in the summer, with hiking trails directly on-property. Hikers can cross a bridge for stunning vistas. All Trails One of America's greenest cities is a hiker's paradise, with Forest Park, a 5,200-acre urban forest with over 80 miles of trails, alpine lake hikes near Mount Hood and stunning waterfall trails in the Columbia River Gorge. Where to stay: The Nines offers hotel guests an easy way to explore the great outdoors and beauty of Oregon outside the hustle and bustle of downtown Portland. Providing something for every type of traveler, Les Clefs d'Or Concierge Patrick McNearney curates a seasonally changing excursion menu including a diverse range of outdoor activities within Portland's city limits and beyond. The Adirondacks are a hiker's paradise. AllTrails Adirondack Park, the largest wilderness preserve in the lower 48 states, spans six million acres, bigger than Grand Canyon, Smoky Mountains, and Yosemite combined, with thousands of miles of trails for beginners to challenging High Peaks hikes through forests, rocky terrain and stunning summit views for the advanced. Get to know Hurricane Mountain Trail Southern Approach, a 6.2-mile out-and-back trail near Keene Valley, New York. Generally considered a moderately challenging route. This is a very popular area for birding and hiking, so you'll likely encounter other people while exploring. The best times to visit this trail are March through October. Where to stay: The Point, a 75-acre, 11-room all-inclusive resort, offers numerous onsite hiking trails (both guided and self-guided) and a wide variety of other seasonal outdoor activities, from boating and axe-throwing in the summer to ice curling and cross-country skiing in the winter. Hikers can ascend the trails of Big Sky ski resort. Montage Big Sky Hiking in Big Sky, Montana offers everything from serene forest trails to challenging alpine climbs, with stunning views, wildlife sightings and access to pristine wilderness in the heart of the Rockies, with close proximity to the first national park, Yellowstone. Experience the Beehive Basin Trail, 6.8-mile out-and-back trail. Generally considered a moderately challenging route, it takes an average of 3 hours 38 minutes to complete. This is a very popular area for backpacking, camping, and hiking. The best times to visit this trail are May through October. Dogs are welcome and may be off-leash in some areas. Where to stay: Located within Big Sky's 3,530-acre Spanish Peaks enclave and just an hour from Yellowstone National Park lies Montage Big Sky, the remote and refined mountain retreat and first luxury five star property in the region. Virginia Beach offers a surprising number of hiking trails. Virginia Beach Convention & Visitors Bureau A hidden gem on the east coast, explore the natural beauty of Virginia Beach's First Landing State Park and False Cape State Park. Trek the quiet paths of Back Bay National Wildlife Refuge, take a historic hike up Cape Henry Lighthouse. Cape Henry Trail to Long Creek Trail, a 5.4-mile loop trail near Virginia Beach, is considered an easy route, taking an average of 1 hour 35 minutes to complete. This is a popular trail for hiking, running and walking, but you can still enjoy some solitude during quieter times of day. The trail is open year-round and is beautiful to visit anytime. Ascend to the nation's first Nautilus Lookout Tower, connect to a canopy walkway, and explore treehouse trails high above the forest floor at Owl Creek Landing. Pleasure House Point Loop, a 2-mile loop trail near Virginia Beach, is generally considered an easy route. It takes an average of 34 minutes to complete. This is a popular trail for hiking, running and walking, but you can still enjoy some solitude during quieter times of day. The trail is open year-round and is beautiful to visit any time. Dogs are welcome, but must be on a leash. Enjoy Lake Lawson Loop Trail. This 1.6-mile loop trail near Virginia Beach, Virginia. Generally considered an easy route, it takes an average of 29 minutes to complete. Where to stay: After traversing the parks or climbing towers with stunning views, recharging will be necessary. The Delta Hotels by Marriott Virginia Beach Bayfront Suites is the ideal base due to its proximity and winning amenities including a private beach, delicious flavors of the waterfront Tides Coastal Kitchen. The Catskills offer numerous majestic hiking locations. AllTrails From short, family-friendly hikes in the dense woods to Catskills 3500 Club peaks (33 peaks above 3500 feet in elevation), the Catskills offer endless adventure for hikers of all levels in the Northeast. Overlook Mountain Trail, a 4.6-mile out-and-back trail near Woodstock, New York, is considered a moderately challenging route, taking an average of 2 hour 47 minutes to complete. This is a very popular area for hiking, so you'll likely encounter other people while exploring. The best times to visit this trail are April through November. Where to stay: Nestled over 100 secluded acres along the Toronto Reservoir, The Chatwal Lodge is the perfect luxury outpost to embark on outdoor adventures. A young traveler hikes along mountain paths. getty
Globe and Mail
19-05-2025
- Business
- Globe and Mail
Meraki Global Advisors Appoints Joe Hodgkins as Head of Asia Pacific Trading
Strategic hire from Tourmaline Partners deepens Meraki's buy-side trading expertise and reinforces its commitment to Asia Pacific . PARK CITY, Utah and SYDNEY , May 19, 2025 /CNW/ -- Meraki Global Advisors ("Meraki"), a leading provider of institutional-grade outsourced trading through its Integrated Trade Management platform, today announced the appointment of Joe Hodgkins as Managing Director and Head of Asia Pacific Trading, effective immediately. Mr. Hodgkins brings two decades of experience across buy-side, sell-side, and outsourced trading desks throughout Asia . He succeeds Simon Kelt, who is returning to New Zealand to pursue new professional opportunities. Simon will remain through May to support a smooth leadership transition. "Joe's deep regional experience, technical expertise, and leadership pedigree will further elevate our offering to clients seeking a truly integrated, performance-driven trading solution," said Benjamin Arnold , Founder and Managing Partner of Meraki Global Advisors. A Proven Leader in Asian Markets Mr. Hodgkins brings a strong track record of leading high-performing trading teams, with specialized expertise in equities, derivatives, and futures. His prior roles include senior positions at Tourmaline Partners, Citigroup, and Janus Capital, where he focused on trade strategy and implementation, transaction cost analysis (TCA), and electronic, program and block trading across APAC markets. Strengthening Meraki's High-Touch Model Since launching in 2019, Meraki has rapidly expanded its global presence by offering a new standard in outsourced trading. Their Integrated Trade Management (ITM) model gives sophisticated investment managers the precision, control, and edge of a world-class internal desk — with the flexibility and cost efficiency of an external solution. "Meraki's model is exactly what today's investment managers need—experienced traders who understand the nuances of the client's portfolio and trade with precision and alignment," said Hodgkins. "I'm excited to join a firm that's reshaping the outsourced trading landscape." About Meraki Global Advisors Meraki Global Advisors is a leading provider of outsourced trading solutions for hedge funds and asset managers worldwide. Founded by former buy-side professionals, Meraki offers the control of an internal desk with the scale and efficiency of an external partner through their Integrated Trade Management (ITM) model. Meraki Global Advisors LLC is a FINRA member and SEC Registered. Meraki Global Advisors (HK) Ltd is licensed and regulated by the SFC of Hong Kong . © Meraki Global Advisors LLC 2025. All rights reserved. For more information, visit us here Meraki Global Advisors and our LinkedIn page.
Yahoo
12-05-2025
- Business
- Yahoo
DWHP Announces the Promotion of Michael Barulich
TORONTO and PARK CITY, Utah, May 11, 2025 /CNW/ -- DW Healthcare Partners ("DWHP"), a healthcare-focused private equity firm, today announces the promotion of Michael Barulich to Principal. "We are pleased to recognize Michael's many contributions to DWHP" said Doug Schillinger, Managing Director with DWHP. "His commitment to our portfolio companies and our investors has been instrumental. We look forward to his continued leadership at the firm." Michael joined DW Healthcare Partners in 2017 and works in the firm's Park City office. He currently sits on the Board of Public Partnerships, LLC and previously served on the Spectrum and SoClean Boards. Michael started his career at JP Morgan and earned his Bachelor of Science Degree from University of San Francisco. About DW Healthcare Partners DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm has nearly $2.0 billion of assets under management as of December 31, 2024 and invests in healthcare companies with strong management teams. DW Healthcare Partners is led by seasoned executives with more than 150 years of combined healthcare industry and investing experience. The firm provides capital, strategic guidance, and acquisition support to help mid-stage companies grow and scale. For more information, please visit: View original content to download multimedia: SOURCE DW Healthcare Partners View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
