Relief Commissioner Namratha Thapa said to mitigate the risk of...
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APAC: Climate change response held back by insufficient data
“The deadly heat waves and catastrophic floods we’ve seen in recent...
Malawian govt receives $11.2 million insurance pay out for Niño-linked drought
Malawi had a drought insurance policy through the bank and the...
ESG rater says green push compliance tough for Indian companies
The government’s move has pushed the Securities and Exchange Board of India to roll out a series of rules in the past year and create a standardized ESG framework for the country’s top 1000 listed companies While Indian companies have shown an eagerness to embrace...
Four in every 10 euros of European fund assets now sold as ‘sustainable’ -Morningstar
Investment funds marketed as sustainable under the EU's Sustainable Finance Disclosure Regulation managed 4.05 trillion euros in assets ($4.63 trillion) at end-2021, Morningstar said in a new report. That is up from about 2 trillion euros in April last year shortly...
Climate could be responsible for 40 million deaths before the end of the century: UN report
Climate change is also likely to become a leading cause of death worldwide, the authors warn, and could be responsible for 40 million deaths before the end of the century, even with moderate mitigation of emissions People’s sense of safety and security is at a low in...
Corporate India ahead in embedding sustainability across biz strategies: Report
Over 45 per cent C-suite leaders in India admitted that their sustainability approach is mainly driven by brand management concerns, that is they want to be seen as socially responsible and reputable or to use sustainability for competitive differentiation, the report...
Nissan to stop most development of new gasoline engines – Nikkei
Automakers worldwide, including General Motors Co and Ford Motor Co, have been involved in a series of efforts to shift their lineups to electric vehicles Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the...
India ranks second in issuance of green bonds: Pankaj Chaudhary
''India has seen an increasing number of issuance in the overseas green bond market. India is currently ranked 2nd (after China) among the emerging market economies in green bonds issuance,'' Minister of State for Finance Pankaj Chaudhary said On Crypto he said, this...
Marine heatwaves impacting Indian monsoon rainfall: Study
In the study led by climate scientist Roxy Mathew Koll and published in the journal 'JGR Oceans', the researchers reported a significant increase in marine heatwaves, aided by rapid warming in the Indian Ocean and strong El Niños (weather event associated with unusual...
Govt aims to attain vision of promoting energy transition and climate action
Energy efficiency and saving measures through setting up of Energy Service Company (ESCO) business model in large commercial buildings will also facilitate capacity building and awareness for energy audits, performance contracts, and common measurement and...
Budget-22-23: FM proposes to issue sovereign green bonds to mobilise resources
International arbitration centre will also be set up in GIFT city to provide faster dispute resolution New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed to issue sovereign green bonds to mobilise resources as part of the government's borrowing...
Economic Survey: Climate finance will remain critical to successful climate action:
According to the survey, India's performance on the NITI Aayog SDG (Sustainable Development Goals) India Index has improved from an overall score of 60 in 2019-20 to 66 in 2020-21. It said the figures "show progress" in India's journey towards achieving the SDGs New...