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Insurance premiums for climate resilience and NatCat protection are set to increase by 50% by 2030, to reach $200-250 billion, says report
Whilst insurance promises to be a great enabler to unlocking the...
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...
Climate action must happen ‘for our people, not to them’, cities say
Cities have been at the forefront of government climate action over the last decade, with many declaring net-zero emissions goals long before countries or businesses followed suit. Today more than 750 global cities have pledged to reach net-zero emissions by mid-century, said David Miller, director of international diplomacy for C40.
India speeds up Green approvals as environmentalists call foul
“Chasing speed over quality of assessments can pose grave risks.It’s an environment risk as well as a business risk.”Ritwick Dutta, a New Delhi-based environment lawyer said.
EVs double market share in Europe
All-electric vehicles accounted for 7.5 per cent of new car sales in Europe in the three months from April through June, against 3.5 per cent during that period last year.
In absolute terms, sales of battery electric vehicles more than tripled across Europe to reach 210,298 cars.
Shell to appeal landmark climate case in the Netherlands
The ruling came after Milieudefensie, the Dutch arm of Friends of the Earth, sued the company for violating human rights. The court agreed, saying Shell must reduce its total emissions by 45% by 2030 from 2019 levels. That compares with Shell’s own target of reducing the intensity of its greenhouse gas emissions by 20% from 2016 levels.
Over 34 lakh tonnes of plastic waste generated in FY 2019-20: Govt
“There is a complete ban on sachets using plastic material used for storing, packing, or selling gutkha, tobacco, and pan masala. Ministry of Environment, Forest, and Climate Change had also issued a draft notification in the Gazette of India on March 11, 2021, for amending Plastic Waste Management Rules, 2016, inter alia prohibiting the use of identified single-use plastic items by 2022, for public consultation,” Union Minister of State for Environment Ashwini Kumar Choubey said
From China to Germany, floods expose climate vulnerability
“Governments should first realize that the infrastructure they have built in the past or even recent ones are vulnerable to these extreme weather events,” said Eduardo Araral, associate professor and co-director, Institute of Water Policy, at Singapore’s Lee Kuan Yew School of Public Policy
. In Europe, climate change is likely to increase the number of large, slow-moving storms that can linger longer in one area and deliver deluges of the kind seen in Germany and Belgium, according to a study published https://agupubs.onlinelibrary.wiley.com/doi/full/10.1029/2020GL092361 June 30 in the journal Geophysical Research Letters.
Climate resilience will be crucial for India’s economic growth and energy transition: Report
According to the Global Climate Risk Index, India is the seventh most climate-affected country in the world. It is increasingly facing rising heat stress, which is weakening the Himalayan glacial mass, affecting monsoon patterns, and contributing to a higher incidence of droughts, storms, and floods.
Pandemic recovery to push emissions to all-time high – IEA
Spending plans for clean energy allocated by governments around the world in the second quarter of this year add up to $380 billion, making up just 2% of their total stimulus funds in response to the pandemic, the IEA said. The energy watchdog said the figure represented around a third of what it envisioned was needed to put the world on course to reach net-zero emissions by mid-century.
How arrival of land plants affected Earth’s climate control system
These findings were published in the journal ‘Nature’. The carbon cycle, the process through which carbon moves between rocks, oceans, living organisms and the atmosphere, acts as Earth’s natural thermostat, regulating its temperature over long time periods.
New study suggests COVID-19 virus piggybacks only black carbon emission
The researchers found that the concentration of black carbon ”directly corresponds to the speed at which infections spread after the onset of winter and stubble burning period and then reduced with a declining trend in BC with a reduction in stubble fire counts”.