Category:

Climate, Environment, Renewable Energy

Lloyd’s to end investment in coal-fired power plants, coal mines, oil sands by 2022

Bruce Carnegie-Brown, Chairman of Lloyd’s ESG committee and Chairman of Lloyd’s said: “This is the first time we have set an ESG strategy for the Lloyd’s market and it represents an important milestone on the journey towards building a more sustainable future. We have the opportunity to play our part in building back a braver, more resilient world. We recognise that the targets we are setting will be challenging, but will also bring new opportunities. We will work closely with our market and customers to help them plan for these changes as we implement a long-term managed programme towards sustainable, responsible underwriting.”

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COVID has exposed inequalities in short time; human should work with not against nature: UNDP report

”Nothing short of a great transformation – in how we live, work and cooperate – is needed to change the path we are on.” Citing events such as climate crisis, biodiversity collapse, ocean acidification, the UNDP said the list is long and growing longer. ”So much so that many scientists believe that for the first time, instead of the planet shaping humans, humans are knowingly shaping the planet. This is the Anthropocene – the Age of Humans – a new geologic epoch.

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India ranks 131 in UN’s human development index

Life expectancy of Indians at birth in 2019 was 69.7 years while Bangladesh has a life expectancy of 72.6 years and Pakistan 67.3 years, the 2020 Human Development Report said. India, Bhutan (129), Bangladesh (133), Nepal (142), and Pakistan (154) were ranked among countries with medium human development, the report said. India’s HDI value for 2019 is 0.645 which put it in the medium human development category. India has been positioned at 131 out of 189 countries and territories, according to the report. India had ranked 130 in 2018 in the index.

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India not only on track to achieve its Paris Agreement targets, but to exceed them: PM Modi

“We have reduced our emission intensity by 21 per cent over 2005 levels. Our solar capacity has grown from 2.63 gigawatts in 2014 to 36 gigawatts in 2020. Our renewable energy capacity is the fourth largest in the world. It will reach 175 gigawatts before 2022,” the prime minister highlighted.

He said India has an even more ambitious target now, which is 450 gigawatts of renewable energy capacity by 2030.

“We have also succeeded in expanding our forest cover and safeguarding our biodiversity. And, on the world stage, India has pioneered two major initiatives. The International Solar Alliance and the Coalition for Disaster Resilient Infrastructure,” Modi said.

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Apple CEO calls for stricter corporate, government climate goals at U.N. summit

Cook did not call for specific goals during his remarks but disclosed that Apple is assisting 95 of its suppliers to transition to renewable energy, up from a figure of 70 disclosed in July. The iPhone maker earlier this year said it has become carbon-neutral for its corporate operations and set out plans to make its full supply chain and product lineup carbon-neutral by 2030.

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