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Spain searches for bodies after unprecedented flooding claims at least 158 lives
Human-caused climate change has doubled the likelihood of a storm...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected...
Four climate lawsuits to watch in 2022
Baltimore claims that about two dozen fossil fuel companies knowingly contributed to climate change. The city says it is vulnerable to sea-level rise driven by climate change The year 2022 could see the U.S. Supreme Court redefine the scope of the country's most...
Germany to pull the plug on three of its last six nuclear plants
The phase-out of an energy deemed clean and cheap by some is an irreversible step for Europe's biggest economy, facing ambitious climate targets and rising power prices BERLIN: Germany will pull the plug on three of its last six nuclear power stations on Friday,...
Lloyd’s Asia launches new renewable energy consortium
The new consortium has been developed by Chaucer, Markel, and Munich Re Syndicate Ltd (MRSL) and has a maximum working capacity of USD100m per project It is expected that Asia Pacific will continue to outperform other regions as a market for the investment and...
Malaysia seeks U.N. climate adaptation funds amid deadly floods
Malaysia's National Adaptation Plan will focus on areas such as water, agricultural, and food security, public health, forestry, and infrastructure KUALA LUMPUR: Malaysia is seeking $3 million from the U.N. Green Climate Fund (GCF) to develop a national plan to adapt...
Adani Group nears first coal shipment from shunned Australian mine
Climate activists, concerned about carbon emissions and potential damage to Australia's Great Barrier Reef - both from global warming and dredging at Abbot Point port - brought several cases challenging government approvals for the mine Melbourne: India's Adani Group...
Philippine supertyphoon Rai ‘exceeded all predictions’ – forecaster
While it's unclear exactly how global warming is affecting the intensification of such storms, the UN's climate change agency has found it is "likely that the frequency of rapid intensification events have increased over the past four decades" as temperatures rise....
ESG fund AUM jumps 4.7 times to Rs 12,320 cr in 2 years ending Nov: Report
AUM of Indian ESG funds is only a paltry 0.3 per cent of the over Rs 38.45 lakh crore mutual funds industry as of end-November 2021 and is only a negligible portion of the global fund pool of USD 35.4 trillion as of end 2020 Mumbai: Boosted by the pandemic, the ESG...
Norway wealth fund will pressure, not divest from high gas emitters
It will however be an "active shareholder" in such companies by pushing them to make the transition to net zero emissions, and divest from them if it believes their business models are not sustainable, the deputy head of the central bank - which is in charge of the...
World coal power demand to hit new high after China, India, U.S. surge,undermining greenhouse gas emissions, – IEA
IEA Executive Director Fatih Birol said the increase was "a worrying sign of how far off track the world is in its efforts to put emissions into decline towards net zero." Rising consumption in China, India and the United States could bring global coal-fired power...
Electric vehicle mkt to see investment of Rs 94,000 cr in next 5 years: Report
Currently, 15 Indian states have either approved or notified EV policies, with six more states in the draft stage. States like Delhi, Gujarat, Maharashtra, and Meghalaya are focusing on demand incentives, whereas southern states and Uttar Pradesh are focusing on...