The GoM in January 2019 decided to approve the levy of 1 per cent...
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Climate, Environment, Renewable Energy
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Govt plans to make agri residue burning punishable under solid waste management rules
Farmers with less than two acres of land now have to pay...
Insurers’ climate losses almost match premiums from fossil fuels
On average, fossil-fuel premiums account for less than 2% of total...
‘India may need $10 trn investment to achieve net-zero emission by 2070’
Most importantly, create carbon markets and incentives for the adoption of clean energy technologies. India also needs to undertake several policy measures to help deepen the green bond market to facilitate financing," a joint white paper issued by GE-EY said New...
Africa: Major insurers and banks join hands to manage biodiversity risks
Responsible management of Africa’s natural capital, including its water, soil and forests, “creates fantastic opportunities and contributes to the growth and development of the continent,” Rachael Antwi, group head of ESG at Ecobank said Financial institutions that...
Warming Africa threatens insurers’ quest for profit
Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...
Air quality panel bans use of coal in Delhi-NCR from next year
However, the use of low-sulphur coal in thermal power plants has been exempted from the ban New Delhi: The Commission for Air Quality Management (CAQM) has issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the...
Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids
As firms market their environmental, social and governance-related (ESG) credentials in an attempt to tap the trillions of dollars looking to have climate- and socially friendly impact, regulators are beginning to dig deeper into their claims FRANKFURT: The chief...
India achieves 10% ethanol blending target in petrol ahead of schedule: PM
Prime Minister Narendra Modi In his address, the prime minister said India has also achieved its goal of having 40 per cent of its installed power generation from non-fossil fuel-based sources nine years before the deadline India's forest cover had grown by over...
Despite difficulties, climate lawsuits explode globally
As recent research from the Grantham Institute shows, courts are becoming an increasingly popular destination to raise issues. Last year saw the highest number of climate cases filed against private companies, mainly in the energy sector, though agriculture and food...
India one of few nations that have delivered on climate action commitments: Bhupender Yadav
Bhupender Yadav, Union Environment Minister Presenting India's ''national statement'' at the Stockholm +50 conference, Yadav said India has seen large-scale inclusive economic development in the last decade by disengaging the development process from environmental...
Demand for ESG jobs in India grows 468 pc in last 3 years: Report
ESG roles are most in-demand in sectors like healthcare and pharmaceuticals, banking, financial services and insurance (BFSI) and consulting sectors The report further revealed that companies have now also started looking at specific qualifications in jobseekers for...
Trend of above-average hurricane seasons expected to continue this year: Allianz
“There is no clear scientific consensus on whether climate change will result in a net increase in the frequency of tropical storms,” explains Bastian Manz, Senior Climate Risk Analyst at Allianz Re London/New York/Singapore; The hurricane season in the Atlantic basin...