Climate, Environment, Renewable Energy

International push to improve food safety

International News       Feb 12, 2019

  Addis Ababa: Greater international cooperation is needed to prevent unsafe food from causing ill health and hampering progress towards sustainable development, world leaders said at today’s opening session of the First International Food Safety Conference, in Addis Ababa, organized by the African Union (AU), the...

2018 fourth hottest year on record: NASA

Facts       Feb 08, 2019

Washington: Earth’s global surface temperatures in 2018 were the fourth warmest since 1880 and the planet will warm further, especially since greenhouse gas emissions are continuing to rise, NASA and the National Oceanic and Atmospheric Administration (NOAA) have said.   Global temperatures in 2018 were 0.83...

(L to R)- G Srinivasan,Director National Insurance Academy,S.C Khuntia,Chairman,IRDAI and,Alice Vaidyan, CMD, GIC Re at a seminar on ``Challenges of Climate Risks on Insurance Business'' in Mumbai

Insurers need to diversify investments to tackle climate risks:IRDA chief

Indian News       Feb 07, 2019

  Mumbai: S.C Khuntia, chairman, IRDAI,said Indian insurers need to undertake diversified investments in different companies and sectors rather than restricting themselves to a few companies to create a financial resilient future to face risks out of climate chnage..   Besides,insurance companies need to provide solutions like...

Power & renewable energy companies facing considerable disruption:Willis Report

International News       Jan 30, 2019

  Singapore: Companies in the conventional power and renewable energy sectors should be preparing themselves to contend with disruption to their businesses from a range of sources, including potentially adverse developments in the insurance market, according to the latest Power and Renewable Energy Market Review from...

A.J. Gallagher’s 'clean coal' business draws ire of green investors

International News       Jan 18, 2019

  BOSTON: Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”.   A.J. Gallagher (AJG.N) has invested in 34 facilities producing so-called refined coal, which...

World Bank Gr announces $50 bn over five yrs for Climate Adaptation & Resilience

International News       Jan 15, 2019

  WASHINGTON: The World Bank Group today launched its Action Plan on Climate Change Adaptation and Resilience. Under the plan, the World Bank Group will ramp up direct adaptation climate finance to reach $50 billion over FY21–25. This financing level—an average of $10 billion a year—is...

65% chance that weak El Niño will emerge in Spring, U.S. Weather Service

International News       Jan 12, 2019

  There is a 65 percent chance of an El Niño weather pattern emerging during the northern hemisphere spring this year, a U.S. government weather forecaster said on Thursday.   “However, given the timing and that a weak event is favored, significant global impacts are not anticipated...

Underestimating Climate Change Risks could hit iInvestors: Opinion

Facts       Dec 30, 2018

​​​​ As the effects of climate change unfold, its impact on business will grow more severe: altered rain patterns will affect agriculture, floods will disrupt supply lines, heat waves will prevent employees from working. If markets are to work well, investors need to know about...

India among first five nations to submit Sixth National Report: Environment Ministry

Facts       Dec 29, 2018

India is among the first five countries in the world, the first in Asia and the first among the biodiversity-rich mega diverse nations, to have submitted Sixth National Report (NR6) to the Convention on Biological Diversity (CBD), the Environment Ministry said Saturday.   The report was...

New auto policy, FAME II to drive India's clean mobility push in 2019

Blog       Dec 24, 2018

  NEW DELHI: With 'clean' being seen as the way ahead, the automobile sector appears all set to ride this bandwagon and the government is keen to give its push in 2019 with a new National Auto Policy and an ambitious 'FAME II' scheme to leapfrog...

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