The European Securities and Markets Authority acknowledged that...
Category:
Climate, Environment, Renewable Energy
Latest
June warmest on record every month since July 2023 breached 1.5 deg C threshold
This was also the 13th consecutive month of record-high...
Not politics, not interest rates: India’s surging economy at risk from water
The shortages are affecting rural and urban Indians alike,...
Cars fueled by ethanol can add to India’s food inflation
Prime Minister Narendra Modi advanced in June a target for blending 20% ethanol in gasoline to 2025, five years earlier than planned. The advantages are multifold: it will reduce air pollution, cut India’s oil import bills, help soak up a domestic sugar glut and increase investment in rural areas.
Moody’s to acquire risk modelling firm RMS for $2 billion
The acquisition will immediately increase Moody’s insurance data and analytics business to nearly $500 million in revenue and will accelerate the development of the company’s global integrated risk capabilities to address the next generation of risk assessment.
With over 400 risk models covering 120 countries, RMS is the world’s leading provider of climate and natural disaster risk modeling serving the global property and casualty (P&C) insurance and reinsurance industries.
Medium, heavy passenger EVs increase from 124 in 2018 to 1,356 as on date: Gadkari
In a written reply to a query in the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said the number of electric vehicles registered for transport of cargo has increased from 6,246 in 2018 to 27,645 as of date, according to Vahan 4 records.
Gadkari said that under the Phase-I of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) scheme, 425 electric buses were supported.
Building Climate Resilience in India – Challenges and Opportunities for the BFSI sector
In India, until a few years ago, the topic of climate change and related risks rarely found strong traction in the BFSI sector in India. Till date, most banks and insurers still do not take a sufficiently forward- looking view on climate change and its long-term financial impact. The Financial Stability Board published the second status report on adoption of the recommendations of the Task Force for Climate-related Financial Disclosures on June 5, 2019. The report observed that disclosure of climate-related financial information has increased since 2016, but is still insufficient for investors, especially on the financial impact of climate-related issues on companies
Indian carmakers renew bid to delay tougher fuel efficiency rules -sources
India introduced a first phase of its CAFE measures in April 2017, giving carmakers until the end of March next year to cut carbon emissions from new cars to 130 grams per km.
In a second phase starting from April 1, 2022, India has proposed a further cut to 113 grams per km.
The stricter CAFE rules also aim to pull Indian regulations for carmakers in line with global standards.
ESG integration in business will help create long-term value: Report
The top five risks of the decade that can majorly impact the society include infectious diseases, climate action failure, weapons of mass destruction, biodiversity loss and natural resource crisis, the report said.
The likelihood of extreme weather, climate action failure, human environmental damage, infectious diseases and biodiversity loss becoming a reality is increasing day by day, it added.
Focus on rollout of flex-fuel vehicles in a year: Gadkari to automakers
Gadkari also appealed to vehicle manufacturers to compulsorily provide a minimum of six airbags across all variants and segments of a vehicle.
“Met a delegation of CEOs of SIAM (Society of Indian Automobile Manufacturers) in New Delhi today. Emphasised on the need for a quick roll-out of Flex-Fuel Vehicles (FFVs) capable of running on 100% ethanol and gasoline into the Indian auto market within a year’s time,” the minister said in a tweet.
China, India miss UN deadline to submit plans for cutting emissions
The world’s two most populous countries are among dozens that failed to provide an update on their targets for curbing the release of planet-warming gases to the UN climate change agency by July 31, they said on Saturday.
China is the country with the world’s highest emissions, while India is third. The United States (US), which submitted its new target in April, is the second-biggest global emitter.
Need to create awareness on zonotic diseases: Mandaviya
Zonotic diseases pass from animal or insect to humans.
The minister also launched the National Health Adaptation Plan on Air Pollution and National Health Adaptation Plan on Heat along with infographics and the first newsletter under the “National Programme on Climate Change and Human Health” developed by Centre of Environmental and Occupational Health, Climate Change and Health at NCDC.
Intensity of severe cyclonic storms increasing in North Indian Ocean region: Study
The increasing intensity of severe cyclonic storms with major socioeconomic implications was due to atmospheric parameters like higher relative humidity, especially at mid-atmospheric level, weak vertical wind shear as well as warm sea surface temperature (SST).
This indicates the role of global warming in bringing about this increasing trend, the study suggests.