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Climate, Environment, Renewable Energy
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Climate change may claim 14.5 mn lives by 2050: WEF
Flooding alone is estimated to cause 8.5 million deaths by 2050,...
More CEOs fear their companies won’t survive 10 years as AI and climate challenges grow PwC survey says
"Whether it is accelerating the rollout of generative AI or...
SoftBank-Backed ClimaCell raises funds for weather forecasts
ClimaCell’s forecasting products use past weather history and artificial intelligence to gauge the weather’s impact on businesses. Airline companies had been some of ClimaCell’s key customers, but the slowdown in global travel caused by the coronavirus prompted the startup to pivot this year, Elkabetz said.
Earth’s atmosphere more sensitive to CO2 emissions than thought,study finds
WASHINGTON: Hopes that the rise in average global temperatures by 2100 might be capped below 2.5C can be all but ruled out if greenhouse gas emissions continue at the current rate, new research reassessing the atmosphere’s sensitivity to CO2 suggests.The...
Patchy data hinders climate risk assessment in finance – regulator
The Financial Stability Board (FSB), which coordinates financial rules for the Group of 20 Economies (G20) and is chaired U.S. Federal Reserve Vice Chair Randal Quarles, said in a report that regulators and investors could find it difficult to compare banks or insurers from different countries
Global cat losses at $75 bn in 1H 2020,India’s Amphan was the costliest:Aon Report
Natural disasters were responsible for approximately 2,200 fatalities during the first half of 2020, significantly below the long-term (1980-2019) average of 39,800 and the median of 7,700. Flooding was the deadliest natural peril during the period, having been responsible for 60 percent of the death toll.
Plastic pollution flowing into oceans to triple by 2040:study
If no action is taken, however, the amount of plastic going into the sea every year will rise from 11 million tonnes to 29 million tonnes, leaving a cumulative 600 million tonnes swilling in the ocean by 2040, the equivalent weight of 3 million blue whales, according to the study published in the journal Science.
“Plastic pollution is something that affects everyone. It isn’t a ‘your problem and not my problem’. It’s not one country’s problem. It’s everyone’s problem,” said Winnie Lau, senior manager at Pew and co-author of the study.
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.
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.
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
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.
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.