Michael Patra, Deputy Governor, RBI Central banks face an...
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Climate, Environment, Renewable Energy
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Ancient humans were so good at surviving last ice age they didn’t have to migrate like other species – new study
Populations of the same species that live in different places often...
World’s rivers faced the driest year in three decades in 2023, the UN weather agency says
“Water is the canary in the coalmine of climate change. We receive...
India Ratings launches ESG relevance disclosure on rated companies
ESG factors determine a company's impact on society and environment. It gives a non-financial glimpse on the prospects of future opportunities and risks to the business Ratings agency India Ratings and Research on Thursday launched its integrated disclosure that shows...
More companies in Asia seek carbon offsets after COP26 -industry exec
The hard-fought Glasgow Climate Pact sent a clear message to global companies to reassess business strategies and carbon footprints to reap monetary rewards, or lag and risk losses As a result, there is a growing demand for carbon offset instruments, such as renewable...
India to provide technical support on disaster resilience of infrastructure systems to 58 Small Island Developing States: Govt
Jitendra Singh,union minister of state (Independent Charge) Science & Technology India, UK, Australia, Fiji, Jamaica and Mauritius jointly launched an initiative, Infrastructure for Resilient Island States (IRIS) to provide technical support on disaster resilience...
18 times hike in installed capacity of solar energy in India between 2014 and 2021, says govt
'Installed capacity of solar energy in India has increased by more than 18 times from 2.63 gigawatt in March 2014 to 47.66 gigawatt in October 2021. As a result, India's current share of non-fossil sources based installed capacity of electricity generation is more...
AIA Commits to Achieving Net-Zero Greenhouse Gas Emissions by 2050
Lee Yuan Siong, AIA Group Chief Executive and President, said, "Our commitment to net-zero by 2050 will support the delivery of long-term sustainable value for our customers, our shareholders and our communities. AIA is wholly focused on Asia and, driven by our...
Sebi in process of stipulating disclosures specific to ESG scheme: Tyagi
Ajay Tyagi, chairman, Sebi The Sebi chief noted that Indian investors are showing increased interest in ESG compliant companies and investment products. Also, ESG funds are rapidly expanding in the Indian mutual fund industry New Delhi: Markets regulator Sebi is in...
Difficult for India to achieve climate goals without compromising economic targets: Oxford Economics
''We think the new climate goals will be difficult to achieve without significantly compromising India's stated economic targets and its ambition to become a USD 5 trillion economy by 2024/25. Indeed, it may not even be possible,'' Oxford Economics said. New Delhi;...
ESG Book aims to ‘disrupt’ sustainability sector with free data
The ESG information sector has become a money spinner as asset managers increasingly rely on providers of such data to meet demand from sustainability focused investors. But it is also coming under closer scrutiny from regulators and governments as trillions of...
Financing sustainable development needed more than ever, says UN deputy chief Mohammed
Speaking at the Building Bridges Summit for sustainable finance in Geneva, Amina Mohammed urged all those present from Government, the private sector, international organisations and civil society, to do more to push ahead with a common investment framework to improve...
Brazil police recommend homicide, environmental charges in Vale dam disaster
The federal police probe, one of several parallel investigations into the incident that ravaged communities in the state of Minas Gerais, indicated that "various pollution-related crimes" were committed, as well as crimes "against land and water-based fauna and...