Category:

Climate, Environment, Renewable Energy

EU makes world’s biggest ‘green recovery’ pledge – but will it hit the mark?

The money represents a 30% share of a mammoth package, comprising a 1.074 trillion euro EU budget for 2021-27 and a 750 billion euro coronavirus recovery fund. Leaders also agreed that even those parts of the overall package not specifically earmarked for climate spending must “do no harm” to the EU’s goal to become climate neutral by 2050.

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India’s water crisis is forcing farmers to finally rethink what they grow

Water shortages are already acute: nearly half the country’s population faces high-to-extreme water stress and about 200,000 die each year due to inadequate access to safe water. Stoked by climate change, the water crisis has forced Prime Minister Narendra Modi’s government to try and turn around decades of established farming practices and convince the country’s most powerful voting bloc to change the crops they plant. Water-guzzlers like rice and wheat are out, corn and pulses are in.

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PM Modi seeks US investments in Indian healthcare,agri,insurance & clean energy sectors

“India invites you to invest in finance and insurance. India has raised FDI cap for investment in insurance to 49%. Now 100% FDI is permitted for investment in insurance intermediaries,” he said.

He said that reforms in many sectors like agriculture, medicine, energy, space, aviation and others have made them attractive destination for investment.  FDI limit in sectors like Defence was increased.

 Opportunities in technology also include opportunities in the frontier technologies of 5G, Big data analytics, Quantum computing, Block-chain and Internet of things

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Ensure ban on petcoke,furnace oil; use cleaner fuels,NGT directs CPCB

The tribunal was hearing pleas filed by Sumit Kumar and Amarjeet Kumar seeking a ban on the use of all forms of petcoke, as it emits fine particulate matter (PM) which is harmful to human health.

According to the plea, the objection to the use of petcoke and furnace oil, which has already been banned in certain states, is causing of huge emission of sulphur dioxide and other pollutants.

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India lifted 271 mn people out of poverty between FY06-16, says UN report

Covid-19 is the latest crisis to hit the globe, and climate change all but guarantees more will follow soon. Each will affect the poor in multiple ways. More than ever, we need to work on tackling poverty and vulnerability to poverty – in all its forms,” Director of the Human Development Report Office at UNDP Pedro Coneico said.

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Joe Biden announces $2 trillion climate plan, vows to rejoin Paris deal

“We’re going to reverse Trump’s rollbacks of 100 public health and environmental rules – and then forge a path to greater ambition. We’re going to get back into the Paris Agreement – and back into the business of leading the world,” Democratic presidential nominee Joe Biden said in a major policy address on climate change, which he said poses a serious threat the mankind.

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Markel appoints Head of Renewable Energy,first ever based in Asia

Commenting on the new appointment,Rohan Davies, divisional managing director of energy, Market, said,“Tom’s solid track record and wealth of international experience in renewable energy are invaluable as we continue our ambitious plans for growth in this important sector.“Markel has a strong reputation of delivering leading risk-transfer products and service in the energy space. With Tom strategically based in the rapidly growing Asian market, his appointment as Markel’s new global head is a reflection of our commitment to renewable energy in our global portfolio.”

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