“While actual annual insured losses over the past five years have...
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Climate, Environment, Renewable Energy
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Expect good Wayanad relief package from Centre; Gadgil, Kasturirangan reports not pragmatic, says Kerala CM
Chief Minister Pinarayi Vijayan dismissed as "not pragmatic" the...
Financing Climate Risks: Testing New Approaches
“Emerging market and developing economies face substantial...
Environment ministry notifies guidelines on EPR for plastic packaging
Environmental compensation shall be levied based upon polluter pays principle, with respect to non-fulfilment of Extended Producer Responsibility (EPR) targets by producers, importers and brand owners, for the purpose of protecting and improving the quality of the...
French insurer CNP to stop financing new oil and gas projects
The company said it was acting in response to scientific reports, including one by the International Energy Agency, which said new projects weren't needed if the world wanted to limit global warming to 1.5 degree Celsius above pre-industrial norms Paris: France's CNP...
U.S. banks urge regulators to be flexible on climate-risk rules
The sweeping proposal applies to lenders with over $100 billion in assets. It touches on everything from board room governance, liquidity, credit and operational risk management, to the way banks project hypothetical future losses on their books and their ability to...
Climate actions need adequate financing, says PM Modi, asks developed countries to fulfil financial commitments
Prime Minister Narendra Modi Reduce, reuse, recycle, recover, re-design and re-manufacture have been part of India's cultural ethos, said PM Modi, adding, India will continue to act for climate-resilient policies and practices as we have always done New Delhi: Noting...
Climate migration fuels conflicts in Bay of Bengal region
Disastrous floods, deadly heatwaves and devastating cyclones are taking a heavy toll in the Bay of Bengal region, which covers more than 2 million sq km (772,204 sq miles) - impacting Bangladesh and parts of Sri Lanka, Indonesia, Myanmar and India Military and civil...
US Judge blocks Biden administration order on climate risks
The “social cost of greenhouse gases” estimate is used in rule-making and permitting processes to estimate economic damages associated with a rise in greenhouse gas emissions. Those could include things like impacts to agricultural productivity or property damage from...
Europe’s banks fund oil and gas expansion despite IEA warning -report
An IEA report in May said there should be no investment in new oil and gas fields in order to have a 50% chance of capping global warming at 1.5 degrees Celsius above the pre-industrial average. The financing comes despite 24 of the banks themselves pledging to...
UN to finalise science report on how warming hits home hard
Without getting into specifics, report co-chair Hans-Otto Poertner said the science is clear that there are limits — including temperature limits — to what key ecosystems, species and humans can withstand. And in some places, warming is near those limits and in a few...
NGT junks plea seeking permission to use 10-year-old diesel vehicle in Delhi-NCR
The NGT had earlier dismissed the Centre's plea seeking modification of its order banning 10-year-old diesel vehicles in the Delhi-NCR It had noted that emissions from diesel vehicles are carcinogenic in nature and one diesel vehicle causes pollution equivalent to 24...
Shift in mobility trends with focus on electric, hybrid vehicles: Deloitte Study
More than a third of Indian consumers have expressed interest in electrified and hybrid vehicles, as the segment sets steam with India's focus on environment friendly, self-manufactured and sustainable solutions post pandemic, as per the findings of the annual report...