The cost of deploying solar panels and battery technology is due to...
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India’s EV market rises 23 pc in September with 1.59 lakh unit sales
Electric two-wheeler sales were 0.90 lakh units, a rise from 0.64...
Climate change hit over 50 pc cotton farmers surveyed in Maharashtra, Gujarat in 5 years: Report
"There are some government programmes and insurance schemes to help...
US$320m WB loan to promote green agriculture and rural development in China’s Southwest
Despite rapid gains in poverty reduction in recent years, two thirds of the rural population have incomes below $5.50 per day, the poverty line for upper middle-income countries. Increasing unsustainable agricultural practices, natural resource degradation and GHG...
World Bank approves $250m to help Bangladesh enhance resilience to future shocks
This financing will help Bangladesh harness digital technology to ensure green and resilient growth, said Bernard Haven, World Bank Senior Economist and Task Team Leader for the project Fiscal and financial sector policies will help sustain growth, while enhancing the...
India briefs Climate Advisory Group about Infrastructure for Resilient Island States
India's Permanent Representative to the United Nations, TS Tirumurti further said that the Infrastructure for the Resilient Island States (IRIS) initial corpus is USD 50 million IRIS, a dedicated initiative, will provide technical support on the multifaceted issues...
World’s top banks pumped $742 bln into fossil fuels in 2021 – report
Most leading banks have pledged to reach net-zero emissions across their financing by 2050. But, despite the International Energy Agency saying no new oil and gas fields should be developed for the world to hit its climate goals, the report showed finance continues to...
Extreme flood events once again drive high losses in 2021, 75% of flood risks remain uninsured: Swiss Re
Sigma records show that flooding is by far the most frequently occurring natural peril. In the past decade, there were approximately three times as many major flood events as tropical cyclones Yet, Swiss Re Institute finds that over the past decade, only 5% of severe...
Goldman Sachs pushes directors for more climate data
Since 2020 Goldman has engaged with 271 companies making insufficient emissions disclosures, Winner said. Less than 100 of them have made no improvement, making directors vulnerable A U.S. Securities and Exchange Commission rule unveiled Monday calls for more...
Carbon-based taxation system to help OEMs commit more towards green tech: Lexus
''We have seen in developed nations that carbon-based taxation has taken precedence over any other way to define vehicle taxation policies that we think solves many purposes,'' Lexus India President Naveen Soni told PTI in an interaction A carbon-based taxation system...
Biodiversity loss poses global financial threat, report says
While climate change has shot up the agenda, the related issue of lost biodiversity has been neglected even though it too can have a major economic impact, a report by the Network for Greening the Financial System (NGFS) and the International Network for Sustainable...
Marsh launches ESG Risk Rating to measure companies’ ESG performance
``With the ESG Risk Rating, we are providing our clients with a clear framework from which to better understand their ESG performance, make more informed investment decisions, and realize better risk management outcomes,” said Amy Barnes, Head of Climate and...
U.S. SEC proposes companies disclose range of climate risks, emissions data
It would also require companies to disclose greenhouse gases generated by suppliers and partners, known as Scope 3 emissions, if they are material or included in any emissions targets the company has set SEC chair Gary Gensler said the agency was responding to...