Authorities estimate the average cost of compliance to be A$1...
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Uttarakhand CM calls for policies specific to Himalyan state’s needs
Pushkar Singh Dhami,Chief Minister,Uttarakhand The CM said that...
Govt to release financial sector vision, strategy document for 5 years, rules for FDI to be simplified
Shailaja Lall, Partner, Insurance & Reinsurance, Shardul...
Out of time: Climate talks go past deadline over coal, cash
A crunch issue is the question of financial aid for poor countries to cope with climate change. Rich nations failed to provide them with USD 100 billion annually by 2020, as agreed, causing considerable anger among developing countries going into the talks. Scientists...
It is an emergency situation: SC on air pollution in Delhi-NCR
The top court asked the authorities to take immediate measures such as stopping vehicles or imposing a lockdown in Delhi. Solicitor General Tushar Mehta, appearing for the Centre, said there is stubble burning in Punjab. New Delhi: The Supreme Court on Saturday termed...
India-led International Solar Alliance signs UN pact at COP26 in Glasgow
The agreement will also lend support to developing country stakeholders, including Small Island Nations (SIDs) and Least Developed Countries (LDCs), in accelerating the adoption of policy options and approaches for decarbonisation technologies. London:The India-led...
APEC leaders vow to tackle economic recovery, COVID-19, climate
The summit of the Pacific Rim countries came amid heightened regional trade and geopolitical tensions, particularly between China and the United States, and global efforts to tackle the pandemic and the climate crisis Leaders of the Asia-Pacific Economic Cooperation...
Over 84 million people displaced from their homes owing to violence, insecurity, climate change
A lethal mix of conflict, COVID-19, poverty, food insecurity and the climate emergency has compounded the humanitarian plight of the displaced, most of whom are being hosted in developing regions. "The effects of climate change are exacerbating existing...
Adani to invest $70 bn in renewable energy, produce cheapest hydroge
India also announced a slew of other, more ambitious, climate targets for 2030: increasing the share of renewables in the country's energy mix to 50 per cent; expanding installed capacity of non-fossil energy from 450 to 500 GW; and reducing the carbon intensity of...
Risky business: Climate change turns up the heat on insurers, policyholders
Given the momentum, it is no surprise that traditional models cannot keep up, Bruce Carnegie-Brown, chairman of insurance market Lloyd's of London told Reuters. "If you’ve reached an exponential part of the curve where suddenly, something’s accelerating, it’s almost...
Six major carmakers agree to phase out fossil-fuel vehicles by 2040, UK says
Cars, trucks, ships, buses and planes account for about a quarter of all global carbon emissions, data from the International Energy Agency showed, of which the bulk comes from road vehicles. GLASGOW: Six major automakers on Wednesday will commit to phasing out the...
Heat waves kill thousands of Indians every decade
Heat waves kill thousands of people every decade. Ahmedabad, a city in the western state of Gujarat, lost more than 1,300 people in 2010 when temperatures hit 47 degrees Celsius. In India’s desert state of Rajasthan, where temperatures frequently reach 40 degrees...
New framework for climate-vulnerable countries reengineers approach to financing nat cat response
The framework is adaptable and scalable across multiple developing countries to address climate-exacerbated natural hazards and weather perils including drought, flooding tropical cyclones, convection storms, and wildfire London: The Insurance Task Force (ITF) as part...