Finance Minister Nirmala Sitharaman said through rooftop...
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Cold snap helps India’s wheat crop but warm weather forecasts pose risk
Although India's fertile plains have seen a chilly winter, a lack...
Howden launches first-of-its-kind carbon capture and storage insurance facility
The insurance facility, designed by Howden and led by SCOR’s...
Funds and firms call for tougher 2030 EU climate target
In a separate letter, 127 business leaders and 30 investors, some of whom are in the IIGCC, also backed an emissions-cutting target of “at least 55%” by 2030.This would help ensure Europe’s economic recovery from the coronavirus pandemic is driven by green growth, said the companies, which include Unilever, Google, EDF, Deutsche Bank and H&M.
The EU expects a 55% 2030 emissions-cutting goal to require additional energy investments of 350 billion euros ($415 billion) a year from 2021 to 2030, compared with the previous decade.
NGT directs CPCB to recover fine from Amazon, Flipkart for excessive plastic packaging
“The CPCB can also consider ordering environmental audit against the concerned entities and assess and recover compensation for violation of environmental norms, following due process of law,” the bench said.
Puri launches framework for cities to inculcate climate-sensitive approach to urban planning
At a virtual event, after launching ”Climate Smart Cities Assessment Framework 2.0”, Puri said, “It is estimated that climate change will impact the Indian GDP by 2-6 per cent on an annual basis.
“This means that our future development goals and investments will also be severely affected if we do not address climate risks now.”
Learned from COVID-19 Pandemic to mitigate the risks of Climate Change?
The work to promote resiliency in the face of climate change must be collective in nature, with the insurance industry having an important role to play. Better risk transfer solutions and a higher take-up rate of insurance across communities means a faster recovery. The insurance industry has an advanced understanding of climate risk and extreme events, and its modelling, analyzing and forecasting capabilities offer vital insights to other participants in the resilience ecosystem, helping them better comprehend the risks, identify potential weaknesses and plot a course toward prevention.
India to have 220 GW renewable energy capacity by 2022: PM
“Technology holds the key to scale up the use of solar energy. Technological advancements have already brought about a significant reduction in the price of solar power. A further reduction in the cost will provide a major boost to the use and expansion of renewable energy,” Prime Minister Narendra Mod said in the message.
Climate change may cause 26% habitat loss for snow trout in Himalayan rivers: Study
The study says mountain systems across the globe are conspicuously sensitive to on-going climate alterations and the condition is much more detrimental in the Himalaya, where the rate of warming, and thus the glacier meltdown, is much higher than elsewhere.
The study reiterates that if the countries across the globe continue their greenhouse emissions as usual (mentioning it as the ‘business-as-usual scenario’), “the species (snow trout) would lose a net habitat of 16.29% till the year 2050 which would further increase to 26.56% in the year 2070.”
“As it stands, the snow trout faces serious threats due to river valley modifications, destructive fishing practices and exotic salmonid introductions,” it says.
‘Biden’s climate plan will give free pass to worst polluters like China, Russia, India’
US President Donald Trump has repeatedly blamed China, India and other countries for allegedly not doing enough for the climate.
He has also blamed India and China for his decision in 2017 to withdraw from the historic Paris climate accord, saying the agreement was unfair as it would have made the US pay for nations which benefited the most from the deal.
Indian Oil gets USTDA support in its green tech endeavour
The US Trade and Development Agency’s (USTDA) funding will support state-owned IOC’s evaluation of technologies to capture and utilise carbon dioxide produced during refinery operations, presenting a novel and cost-effective environmental strategy that can be expanded to other refineries in India, according to a statement on Wednesday.
UN chief urges Japan, others to meet goals on climate change
Clean energy delivers more jobs, cleaner air, better health and stronger economic growth,” U.N. Secretary-General Antonio Guterres said.
It makes no sense economically to burn money on coal plants that will soon become stranded assets,” he added. There is simply no rational case for coal power in any investment plan.”
Germany’s Merkel says world needs to do more to combat climate change
The European Commission will next month propose a new 2030 climate target for a 50% or 55% emissions reduction against 1990 levels, compared with an existing goal for a 40%.
Germany is Europe’s largest greenhouse gas emitter, and the country’s environment ministry said last week that, while it can meet its climate target for 2020, it would have missed the goal if the economic havoc wrought by the coronavirus pandemic had not caused a large drop in emissions.