ESG investments in developing nations have floundered over the...
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Climate, Environment, Renewable Energy
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APAC reinsurers’ stable pricing in 2024 backed by adequate capacity, says Fitch
``We believe reinsurers can maintain profitability through rigorous...
Climate, tech risks a threat to inflation targetting, says RBI Dy Gov Patra
Michael Patra, Deputy Governor, RBI Central banks face an...
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...
‘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...