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Environment climate change gain prominence in manifestos but experts question follow-through
"It's crucial that environmental issues are not relegated to the...
IBISA launches climate cover for protecting Indian dairy industry from heat waves
In response to the significant decline in milk yield, estimated at...
U.S. SEC chair planning new workforce data disclosures for public companies
He said staff would propose a new rule on disclosing the workforce or “human capital” metrics. Those disclosures could include data on issues such as workforce diversity, part-time versus full-time workers, and employee turnover, according to advocacy groups that have been pushing for the new rules.
“This is one of my top priorities and will be an early focus during my tenure at the SEC,” Gensler told the gathering.
The SEC is ramping up its ESG agenda to execute on Democrats’ priorities to address issues such as climate change and social injustice.
India is home to 13 of the 20 riskiest cities in the world, extreme levels of air and water pollution
Globally, 1.5 billion people live in 414 cities that are at high risk from pollution, water shortages, extreme heat, natural hazards and the physical impacts of climate change.
Adani and other Australian coal miners flag finance, insurance difficulties
The withdrawal of global insurers risks making even some ancillary business unviable, said contractor BMD Constructions Pty Ltd, which is building a section of a 210 km (130 mile) rail line to service Adani’s Carmichael mine in northern Queensland state, which is due to start operating this year.
The coal miners argued that Australia’s high-energy coal offers a comparatively lower emissions alternative to export markets compared with coal from other regions. They say coal also provides billions of dollars to government coffers and supports regional jobs.
Global renewable energy grew at fastest pace in two decades in 2020 – IEA
New renewable energy capacity in 2020 rose by 45% to 280 gigawatts (GW) last year, the largest year-on-year increase since 1999, even though there were supply chain disruptions and construction delays due to the impact of COVID-19.
China accounted for 50% of renewable energy capacity growth last year and will account for 45% this year and 58% in 2022, the report said.
French banks told to speed up response to climate change
Other financial watchdogs around the world will also be conducting similar tests on the finance industry to help to reduce the impact of climate change on economies. Banks and other finance companies will have to disclose to investors the impact of climate change on their balance sheets under proposed European Union rules.
Insurers warn government Canada’s flood mapping must not take a decade
Prime Minister Justin Trudeau pledged sweeping climate action during his re-election campaign last year, including C$150 million ($112.2 million) for flood mapping. The federal budget is expected at the end of March.
“Flooding is by far the single greatest peril facing Canadians as a result of climate change,” Craig Stewart, vice president of federal affairs for the Insurance Bureau of Canada, told Reuters.
UK court to reconsider $6.9 bln Brazil dam lawsuit against BHP
The collapse of the Fundao dam, owned by the Samarco venture between BHP and Brazilian iron ore mining giant Vale , killed 19 and sent a flood of mining waste into communities, the Doce river and the Atlantic Ocean, 650 km (400 miles) away.
Samarco has since filed for bankruptcy protection.
No jamun trees uprooted in Central Vista Avenue revamp, few trees to be transplanted: Puri
”Do not believe in fake photos & canards about ongoing work at Central Vista Avenue. No Jamun trees have been removed. Only a few trees will be transplanted in the entire project. Overall green cover will increase. Defining elements of built heritage like lamp posts etc will be restored,” Puri tweeted.
EU seeks India’s support for plastics treaty, draft summit statement says
The draft statement said the EU and India would hold regular meetings to increase collaboration in areas including renewable energy, energy storage technology, and modernizing power grids. India aims to have 450 gigawatts (GW) of renewable energy generation capacity by 2030, roughly five times the 93GW it has today.
Germany aims for net zero emissions by 2045, 5 years early
The government was forced to rework its plans after Germany’s highest court ruled last week that existing legislation risks placing too much of a burden for curbing climate change on younger generations.