Climate, Environment, Renewable Energy

Finance Minister Nirmala Sitharaman

India's commitment on climate change best among several nations: Nirmala Sitharaman

Indian News       Oct 17, 2019

   Washington: India's commitment to fight the global challenge of climate change is "bold" and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said.   Interacting with global investors at the headquarters of the International Monetary Fund here on Wednesday, Sitharaman...

India recognises the need for environmentally sustainable development strategy: IMF

Indian News       Oct 13, 2019

 Washington:  The International Monetary Fund looks at India as a country that recognizes the need for an environmentally sustainable development strategy as the global community gears up for a decisive fight against climate change.   "If you look at India in the last generationIndia has been...

Axis Capital drops bid to cover Adani's Australian coal mine project

International News       Oct 04, 2019

  NEW YORK/LONDON:  Lloyd’s of London insurer Axis Capital has become the latest to rule itself out of providing coverage for Adani Enterprises Ltd’s contentious Carmichael coal mine project in Australia, a source close to the company said on Wednesday.   Axis has withdrawn its quotes for...

Late Indian season monsoon floods cause $10 bn in economic losses:Aon

Indian News       Oct 04, 2019

‘ Chicago: The late season monsoon floods in certain parts of India brought additional damage and impact to the country, which has officially recorded more than 1,700 fatalities since the start of monsoon season in June and caused upwards of USD10 billion in economic costs,...

An India-Pakistan nuclear war could kill millions, threaten global starvation

Facts       Oct 03, 2019

  A nuclear war between India and Pakistan could, over the span of less than a week, kill 50-125 million people—more than the death toll during all six years of World War II, according to new research.   A new study conducted by researchers from the University...

World's largest banks lagging in sustainable finance: Report

Facts       Oct 03, 2019

Despite pressure from activists, investors and governments, the majority of world's 50 largest banks have not made sustainable finance commitments to respond to the risks of climate change and continue to finance fossil fuels, according to new findings by the World Resources Institute released on...

Monsoon forecast contrary to initial prediction: IMD for detailed analysis

Indian News       Oct 02, 2019

New Delhi: As the four-month rainfall season ended with "above normal" monsoon, initial predictions by the India Meteorological Department and the private forecaster Skymet Weather were found to be contrary to the outcome.   While IMD in April had said the country would receive 96 per...

Water crises ranked as the topmost risk in India:WEF 

Articles       Oct 01, 2019

  Executives in the South Asian region ranked “water crises” as the number one risk for doing business in countries in South Asia – the issue rose from fifth place the year before, according to a survey of business leaders published by the World Economic Forum,...

U.N. science panel warns climate impacts on oceans include rising seas, dry rivers

International News       Sep 26, 2019

Scientists behind a landmark study of the links between oceans, glaciers, ice caps and the climate delivered a stark warning to the world on Wednesday: slash emissions or watch cities vanish under rising seas, rivers run dry and marine life collapse.   Days after millions of...

India to offer Pacific island nations $150 mn credit line for climate issues

International News       Sep 25, 2019

'  New YorK: Prime Minister Narendra Modi has announced a $150 million line of credit to the group of Pacific island nations for undertaking solar, renewable energy and climate related projects based on their requirement.   Modi, who attended the India-Pacific Islands Developing States (PSIDS) Leaders'...

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