Category:

Climate, Environment, Renewable Energy

Climate finance neglects small-scale farmers – new report

Small-scale farmers currently produce 50 percent of the world’s food calories. However, higher temperatures – together with increased incidences of drought and flooding – destroy crops and livestock and make it difficult for them to continue to feed their communities and earn a living.
“It is unacceptable that the people who produce much of the world’s food, and who are at the greatest mercy of increasingly unpredictable weather, receive the least support. Small-scale farmers living on marginal lands are on the frontline of climate change and should have access to the climate finance they need to adapt their production,”said Gilbert F. Houngbo, President of IFAD.. 

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Top $5 trillion investor group pushes firms to cut out thermal coal

In a report seen by Reuters ahead of its release on Monday, the alliance said all companies owned by the group needed to develop their own plans to transition away from thermal coal.

“If no long-term carbon footprint reduction can be produced the members will need to escalate and ultimately divest,” Günther Thallinger, Member of the Board of Management, Investment Management, Environmental, Social and Governance (ESG) at Allianz, said.

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Biden seen reversing climate deregulation

Among his main accomplishments, Trump withdrew the United Stated from the Paris Agreement to combat global warming; replaced Obama-era rules meant to cut greenhouse gas emissions from power plants and drilling operations; reduced automobile fuel efficiency targets; downsized wilderness national monuments; gave permits to energy companies seeking to build oil pipelines; and proposed opening new parts of the Arctic, Pacific, and Atlantic oceans to drilling

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Haze Chokes Delhi, pollution levels highest since November last yr

 Health experts said that during the COVID-19 pandemic, air pollution has become a serious health concern for about the two crore residents of the national capital.

According to a doctor at the Sir Ganga Ram Hospital, intake of every 22 micrograms per cubic metre of polluted air is equivalent to smoking a cigarette.

 Ajit Jain, the nodal officer for COVID-19 at Rajiv Gandhi Super Specialty Hospital, said air pollution was turning the pandemic catastrophic.

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European Development Finance group to exit fossil fuel investments by 2030

The move comes a week before the world’s 450 DFIs meet for the first time at a major conference in France to discuss accelerating their efforts to help in the fight against climate change as well as to boost sustainable development more broadly.

A key factor will be how open lenders in coal-reliant Asia are to any toughening of policy.

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