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Cost of new drug development is key concern for life science as focus shifts to repurposing: WTW Survey
The survey also revealed that regulation and reputation risk have...
Lawsuits targeting ‘Climate Washing’ becoming more frequent
Over 2023 some 233 new climate-related cases were filed worldwide,...
World Bank and Sri Lanka sign agreement to strengthen Climate Resilience
Sri Lanka is among countries most affected by extreme weather events and is expected to see a 1.2 percent annual GDP loss by 2050 due to climate change. It is estimated that close to 19 million Sri Lankans may live in areas that could become moderate or severe hotspots in terms of floods or droughts by 2050.
Adani calls for global unity in managing climate crisis
“In my country, more than a quarter billion households and millions of small businesses that generate jobs rely on the availability of cheaply produced electricity,” said Adani. “To switch off that power source without an economical alternative in place would put hundreds of millions of people on an accelerated path to darkness and there are several other nations in the same situation.”
NGT directs Maharashtra to deposit Rs 1 crore as interim compensation for restoration of water quality near Trimbakeshwar
The bench was hearing an application filed by Kiran Ramdas Kamble and others seeking to take action for failure of the Trimbakeshwar Municipal Council and other concerned authorities of Maharashtra in preventing discharge of Municipal waste into the river which joins Godavari in violation of the judgement of the Supreme Court, in spite of at least four orders of NGT in the last two years and also general orders in other cases.
UN climate talks: Faint progress on money, none on pollution
World leaders made “faint signs of progress” on the financial end of fighting climate change in a special United Nations feet-to-the-fire meeting Monday, but they didn’t commit to more crucial cuts in emissions of the heat-trapping gases that cause global warming.In the meeting, vulnerable countries such as the Marshall Islands and the Maldives that are “staring down the barrel” of climate change were “pleading with the developed world to step up to the plate” to provide needed money for them to cope with warming’s impacts, said British Prime Minister Boris Johnson, who hosted the meeting with Guterres.
Investment consultants advising $10 trln in assets launch climate initiative
“The global transition to a net zero economy means asset owners have to develop their understanding of climate risks, think about changing pathways for their assets and exercise their stewardship rights,” said Luba Nikulina, global head of research at Willis Towers Watson.
“Investment consultants play a vital role in supporting asset owners on this journey and helping them increase their level of climate ambition.”
More companies pledge net-zero’ emissions to fight climate change, but what does that really mean?
Companies are increasingly under pressure from governments, activists and their customers, as well as some powerful investors, to cut their emissions.
Running out of time: UN report shows Earth on catastrophic path
Scientists have been increasingly vocal and specific about what will happen if the global temperature continues to rise. These predicted changes include everything from heat waves, wildfires, and flooding — already evident today — to conditions that may render coastal cities too wet and tropics too hot for sustained settlement.
Need to mainstream green finance: RBI Dy governor
“As the risks and opportunities and financial impact arising from climate change vary across jurisdictions, this poses unique considerations for emerging economies like India.The challenge before us is to mainstream green finance and think of ways to incorporate the environmental impact into commercial lending decisions while simultaneously balancing the needs of credit expansion, economic growth and social development,” Rao said.
Biden asks world leaders to cut methane in climate fight
Biden made the remarks during a virtual meeting of the Major Economies Forum (MEF), a follow-up to an Earth Day meeting he hosted in April to unveil new U.S. greenhouse gas emissions reduction targets and press other countries to do more to curb theirs.
The United Kingdom heeded the call, with Prime Minister Boris Johnson pledging to be among the first signatories of the Global Methane Pledge to reduce emissions of the harmful gas.
Argentina, Indonesia, Italy and Mexico also joined the alliance, while Ghana and Iraq signaled interest in joining, according to a White House summary of the meeting, which noted those countries represent six of the top 15 methane emitters globally.
World needs to spend another $100 trln on UN fight against global woes – report
The U.N.’s Sustainable Development Goals set targets on everything from the environment to health and equality and have the support of all member states, yet the supply of finance from governments, investors, banks and companies to help meet them has consistently fallen short.Adding the costs of financing the global transition to a low-carbon economy to limit global warming, and total funding out to 2050 comes in at $200-$220 trillion, the report added. The SDGs are a global “to-do” list addressing such issues as war, hunger, land degradation, gender equality and climate.