S. Vatsa, one of the three members of the National Disaster...
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Climate, Environment, Renewable Energy
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Urgent need to address $4 trn financing gap to accelerate SDG progress: FM
Nirmala Sitharaman, Finance Minister Addressing the third Voice of...
Sebi proposes to expand sustainable fin framework in securities market
In a consultation paper released on Friday, Sebi proposed that...
‘Bengaluru among 10 southern cities exceeding WHO air quality guidelines’
The primary contributors to worsening the air quality are fossil fuel-powered infrastructural development, industries, transport, waste burning, and construction activity. Chronic exposure to air pollution increases the likelihood of asthma, low birth weight,...
Assets under management for ESG funds up 2.5 times in FY21: Nasscom
"Companies are not just becoming alert to ESG performance of vendors or partners that they are willing to work with, but investors also are using ESG as metrics to drive investments.In India alone, the assets under management for ESG funds rose by 2.5 times in just a...
India’s top steelmakers seek govt funds to cut carbon emissions
Steel companies believe that government incentives for low carbon technologies, state funding of green pilot projects and a market for steel made by green technologies would enable a low carbon footprint, T. V. Narendran, chief executive and managing director of Tata...
U.S. judge annuls Gulf of Mexico oil auction over climate impact
Thursday's decision came after the environmental group Earthjustice challenged the sale on behalf of four other green groups, arguing U.S. President Joe Biden's Interior Department was relying on a years-old environmental analysis that did not accurately consider...
AllianzGI sets up unit to invest in ESG compliant companies
AllianzGI, which manages around 647 billion euros ($730.27 billion) in assets, will look to invest in private companies helping solve environmental or social issues in a measurable way, it said in a statement. Asset manager Allianz Global Investors, part of German...
Global Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
HDFC Life launches ESG fund
The objective of this fund, which will be part of HDFC Life Click 2 Wealth, is long-term capital appreciation through investment in such select companies across market capitalisation Mumbai: HDFC Life, the has launched its sustainable equity fund, currently available...
WHO-US EPA partnership to unravel linkage between health and climate change
Five year agreement recognises the increased environmental and public health risks from the warming global climate and prioritizes environmental justice WHO estimates that 24% of all global deaths, and 28% of deaths among children under five, are linked to the...
Private sector plays important role in journey towards net-zero emissions: Minister
Private sector players have already woken up to this reality and are already playing a key role in this climate fight. Rising number of companies have announced net-zero ambitions over the last year. Climate action will not only transform industries, but also likely...
Households free to install rooftop solar by any vendor under govt scheme: MNRE
The distribution company will ensure that the net metering will be provided within 15 days of the information being received. The subsidy to be given by the government, which is 40 percent for rooftops of up to 3 KW capacity and 20 percent beyond that up to 10 KW will...