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Not politics, not interest rates: India’s surging economy at risk from water
The shortages are affecting rural and urban Indians alike,...
Climate change can no longer be ignored: CJI
D.Y. Chandrachud,Chief Justice of India The CJI said he was...
Coal expansion could cause over 5,200 premature deaths, 8,300 preterm births in Delhi this decade
Twelve percent of India’s coal-based electricity is generated within 500 km of the national capital.
The research suggests that around 55 lakh sick days could be caused by air pollution exposure from coal power plants in Delhi if the current proposed expansion of coal capacity takes place. The economic health costs associated with coal pollution in Delhi is estimated at USD 8.4 billion over the coming decade.
Researchers find double benefit of climate protection through both limiting, delaying global warming
In the study, the scientists analysed the joint impacts of demographic development and climate change on people exposed to tropical cyclones — and found that timing of when certain warming levels are reached becomes crucial. The results are even more obvious on the country level, explained Johannes Gutschow.
“Our model shows, with unprecedented detail, that in 2050 all countries at high risk of tropical cyclones are projected to see a rise in exposure. Due to the projected population growth, we found exposure changes of nearly 300 per cent in some East African countries, up to 100 per cent in the US and also a strong increase for the Arabian Peninsula.”
Need to step up efforts to tackle climate change impact on agriculture, entire ecosystem: PM
Modi said, “Not only agriculture, climate change is a big challenge to the entire ecosystem. …Due to climate change, new types of pests, new diseases, epidemics are coming. Due to this, there is a big threat to the health of humans and livestock and crops are also being affected.?
Climate change impact is on fish production and animal health and output. As a result, farmers and fishermen have to bear the losses, he said
Biden’s $3.5 trillion climate change plan to eliminate fossil fuel emissions from U.S
Included in the massive legislation is a nationwide clean-electricity program that is intended to eliminate climate-damaging fossil fuel emissions from U.S. power plants by 2035 catching up to requirements already set in some states.
The proposal would spend billions to install 500,000 electric vehicle charging stations and upgrade the power grid to make it more resilient during hurricanes and other extreme weather events that are increasing and intensifying as a result of climate change.
Investors with $4 trln assets aim to tackle Asian firms on climate change goals
The six investors include BMO Global Asset Management EMEA, Fidelity International, Dutch pension fund PGGM, Britain-based Local Authority Pension Fund Forum, Aviva Investors and Legal & General Investment Management.
Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement.
The move comes as investors become more active in the field of environmental, social and corporate (ESG) governance, helping to shape firms’ climate commitments to better manage that risk for their clients. ESG-related steps they have taken include backing activist shareholder resolutions and voting on board members and remuneration.
UN development arm launches disaster insurance programme
The facility will also have funding from other sources, including the UNDP itself, a spokesperson said. The UNDP is aiming to help create insurance protection from socio-economic, climate and health-related disasters in more than 50 developing countries by 2025, it said.
“Insurance and risk-finance products, tools and services can secure our critical infrastructure, protect our agriculture and businesses, and preserve critical ecosystems that make life on earth possible,” said UNDP Administrator Achim Steiner.
AXA XL appoints Head of Climate to accelerate sustainability efforts
“As a signatory of the UN Principles for Sustainable Insurance, AXA XL is committed to taking a leading role in working with our clients and business partners to raise awareness of climate issues, manage risk and develop solutions to create a more sustainable society.Andy’s expertise and knowledge of our business will allow us to further advance our understanding and response to climate change by ensuring we continue to understand how the climate is evolving and how this impacts our overall strategy. Andy is charged with embedding our climate strategy across AXA XL from underwriting to claims, to risk and operations ensuring that we meet our climate leadership ambitions,” said Scott Gunter, CEO of AXA XL
Centre could extend Fame II incentive scheme for purchase of personal electric cars, e-cycles: Report
At present the Fame II scheme benefits covers only electric two-wheelers, three wheelers, four-wheeled passenger vehicles and goods carrying vehicles. Under it, vehicles are provided with demand incentives that help to bring down its purchase price. FAME 2 had increased the benefit offered from Rs 10,000 per kWh to Rs 15,000 per kWh. That`s a hike of 50 per cent.
Vanuatu to push international court for climate change opinion
Vanuatu, with a population of some 280,000 people spread across roughly 80 islands, is among more than a dozen Pacific island nations facing rising sea levels and more regular storms that can wipe out much of their economies.
“In response to the catastrophic levels of climate change loss and damage faced by this small Pacific nation, Vanuatu recognises that current levels of action and support for vulnerable developing countries within multilateral mechanisms are insufficient,” the government said in a statement on Saturday.
US, India launch task forces on Hydrogen, Biofuels to expand clean energy technologies use
Apart from it, the US invited India to participate in the Agriculture Innovation Mission for Climate (AIM for Climate), which will be launched at COP26 in November. AIM for Climate has the goal of increasing and accelerating global innovation on agriculture and food systems in support of climate action. The United States looks forward to working with India to support the conclusion of a contract to build six Westinghouse Electric Company AP-1000 nuclear reactors in Kovvada, India, and looks forward to a completed techno-commercial offer soon. Once completed, the Westinghouse project will provide clean, reliable power to millions of Indians.