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Soil degradation on 30 pc of India’s land poses threat to agriculture: Union Agri minister
"We are producing more than 330 million foodgrains annually and...
“Judiciary has crucial role in upholding environmental laws” NGT chairperson
Justice Prakash Shrivastava, Chairperson, National Green Tribunal...
Ban on BS-III petrol, BS-IV diesel 4-wheelers in Delhi amid rising pollution levels; Rs 20,000 fine for violators
"There shall be no plying of BS III petrol and BS IV diesel LMV (4 wheelers) in Delhi. There shall be no plying of Delhi registered Diesel operated Medium Goods Vehicles (MGVs), of BS-III standards or below, in Delhi, except, those carrying essential commodities/...
India’s Insurance Sector: Robust growth but coverage, profitability challenges prevail
Peeyush Dalmia, Senior Partner, McKinsey & Company, says, "While current growth indicators are promising, the industry has not seen improvement in productivity. Achieving long-term success requires a fundamental transformation in how insurance products are...
COP29 climate talks urged to find $1 trillion a year for poorer countries
A previous goal of $100 billion per year, which expires in 2025, was met two years late in 2022, the OECD said earlier this year, although much of it was in the form of loans rather than grants, something recipient countries say needs to change. Setting the tone at...
10 most climate-vulnerable countries got less than $1 year climate finance: Report
The data also shows the 10 countries most affected by climate change between 2000 and 2019 received just $23bn, less than two per cent of all climate finance, despite accounting for nine per cent of the world’s population. The 750 million people now living in these...
World already on cusp of 1.5 degree celsius temp rise, finds new research
Every extra increment of heat risks worsening climate impacts like powerful storms and drought. This year is expected to be the hottest year on record, and the EU’s Copernicus Climate Change Service predicts it will also be the first year ever to breach 1.5C of...
Shell wins appeal against landmark Dutch climate ruling
The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming. But it dismissed the 2021 ruling that ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels,...
SBI Ventures plans to raise $237 million Climate Fund
The fund will invest in small and mid-sized companies that are focused on recycling waste and curbing emissions among other initiatives, and obtain equity partnership Mumbai: A unit of India’s largest lender State Bank of India is planning to raise as much as Rs 20...
COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6
The Article 6.4 mechanism is seen as an important tool in bridging the climate finance gap.The mechanism aims to enhance climate finance flows to countries with carbon-rich ecosystems, supporting both environmental integrity and equitable access to funding. Baku: In a...
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...
India to focus on climate finance, protecting vulnerable communities COP29
India's key priorities at the conference are likely to focus on ensuring accountability of developed nations on climate finance, strengthening resilience for vulnerable communities, and achieving an equitable energy transition, experts anticipate New Delhi: As world...