Category:

Climate, Environment, Renewable Energy

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.

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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

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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.

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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.

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Climate change is driving a large increase in intense, slow-moving storms, a new study has found.

Researchers from the Newcastle University and the UK Met Office Hadley Centre used very detailed climate model simulations and found that slower storm movement acts to increase the amount of rainfall that accumulates locally, increasing the risk of flash floods across Europe beyond what has been expected based on previous studies.
The scientists estimate that these slow-moving storms may be 14 times more frequent across land by the end of the century. It is these slow-moving storms that have the potential for very high precipitation accumulations, with devastating impacts, as currently seen in Germany and Belgium.

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Global sustainable debt issuance will crack $1 trillion mark in 2021 -IIF

With corporations and financial institutions under growing pressure from investors to up their environment, social and governance (ESG) game, the issuance of bonds to raise money for climate-related or social projects, or linked to sustainability targets, is an increasingly popular option.

Sustainable debt sales more than doubled year-on-year in the first half of 2021 to over $680 billion, closing in on the $700 billion issued during the whole of last year.

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