The Net-Zero Asset Owner Alliance, whose pension fund and insurer...
Category:
Climate, Environment, Renewable Energy
Latest
El Niño to trigger drought insurance payouts in four southern African states
El Nino, which brings dry and hot weather to Southern Africa, has...
Climate change could cut global income by 19 pc in 25 years finds study
The countries least responsible for climate change are predicted to...
Aviva investors threatens to ditch top carbon emitters over climate inaction
Among the actions Aviva said it expects of the companies are that they commit to net zero carbon emissions by 2050 and ensure their plan to do so is in line with the Science-Based Targets Initiative, an NGO-led group that signs off on corporate climate plans.
The companies would need to integrate the climate goals into their business strategy, including capital expenditure plans; set short- and medium-term targets; align management pay with the goals; and ensure lobbying efforts supported the goals.
India to come out of COVID-19 pandemic as one of the global winners: Danish envoy
Svane told PTI that foreign ministers of the two countries are working on an ambitious action plan comprising specific targets to achieve the goals broadly mentioned in the ‘India-Denmark Green Strategic Partnership’.
The green partnership, finalised at a virtual summit between the prime ministers of the two countries, aims to create a framework for significant expansion of cooperation in areas of renewable energy, environment, economy, climate change and science and technology.
U.N. chief urges business to take the lead on COVID-19, climate and global recovery
“We count on businesses to play an important role by themselves and to put pressure on governments to do the right thing,” he said. “We need you more than ever to help us change course, end fragility, avert climate catastrophe and build the equitable and sustainable future we want and we need.”
NGT junks Punjab govt plea to recover penalty from defaulting farmers for burning crop residue
The plea sought to recover the amount of environmental compensation (pending dues and future liabilities) from the payment of sale proceeds of food grains of the defaulting farmers who have burnt paddy residue.
The NGT had in 2015 directed state governments to take coercive and punitive action against persistent defaulters of its crop residue burning order and asked them to withdraw the assistance provided to those farmers.
World Economic Forum: Allianz CEO calls for capital overhaul to help it fund climate transition
“Today, the regulatory framework we have in Europe has actually disincentivised us helping with the transition,” Oliver Baete said, speaking at a virtual meeting of the World Economic Forum discussing how to finance the low-carbon transition.
Biden takes sweeping measures to curb climate change, vows job creation
“In my view, we’ve already waited too long to deal with this climate crisis,” Biden told a White House ceremony, noting the threats the nation faces from intensifying storms, wildfires, floods and droughts linked to climate change as well as air pollution from burning fossil fuels. “It’s time to act.”
Air pollution can permanently harm eyes, may result in irreversible blindness
The researchers, including those from the University College London, UK, noted that AMD is the leading cause of irreversible blindness among the over 50s in high-income countries, with the numbers of those affected projected to reach 300 million by 2040.
Known risk factors include older age, smoking, and genetic make-up, they said.
Two-thirds of world see ‘climate emergency’: UN survey
“Concern about the climate emergency is far more widespread than we knew before,” Stephen Fisher, a sociologist at Oxford who helped design the survey and process the data, told AFP in an interview.
“And the large majority of those who do recognise a climate emergency want urgent and comprehensive action.”
Climate change drives $268 bn global damage from 2020 natural disasters with 64% uninsured:Aon report
“When Natural Disasters and a Pandemic Collide” global annual report explores “connected extremes”
Asia recorded $95 billion in economic damage from natural disasters in 2020. Just 9% was insured; which means the protection gap was 91% further highlighting protection gap vulnerabilities in 2020
Transport ministry approves “Green Tax’ for older vehicles from April 1 2022
The ministry said that the aim of the new proposal is to dissuade people from using vehicles which damage the environment, to motivate people to switch to newer, less-polluting vehicles and reduce pollution levels by making the polluter pay for pollution.
The minister also approved the policy of deregistration and scrapping of vehicles owned by government department and PSUs, which are more than 15 years in age.