The Indo-Pacific region is highly vulnerable to climate change,...
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Multilateral development banks provide record climate finance
``But we need to do more. In Asia and the Pacific, home to many of...
FM Sitharaman urges private sector to come forward and support SDGs
For the first time, during India's G20 Presidency, the agenda of...
India to offer Pacific island nations $150 mn credit line for climate issues
In addition, a concessional Line of Credit of $150 million which can be availed by the PSIDS for undertaking solar, renewable energy and climate related projects based on each country’s requirement was announced,, .
Climate change is real: How it is becoming a nightmare for central banks
Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the great and good of the British insurance industry. “I’m going to give you a speech without a joke, I’m afraid,”...
Five-year period ending 2019 set to be hottest on record, says UN report
The report found that rather than falling, carbon dioxide grew two percent in 2018, reaching a record high of 37 billion tonnes.
‘Have to do it’: Jeff Bezos sets deadline for Amazon to be carbon neutral
Amazon and Ford Motor Co are among the investors in Rivian. Bezos said the first electric delivery vans for Amazon will be on the road by 2021, and all 100,000 will be deployed by 2024.
ONGC fined Rs 2.05cr for green norm violation in Assam
“Environmental compensation fine amounting to Rs 2,04,90,000 only has been assessed as per formula provided by the National Green Tribunal (NGT), Principal Bench,” said the order dated September 5, 2019
Climate change tops list of world’s ‘extreme risks’
Tim Hodgson, Head of the Thinking Ahead Group, said: “Our extreme risks ranking has seen the emergence of a general trend with financial risks falling down the rankings and non-financial extreme risks growing in significance. Global temperature change becomes the highest ranked risk due to our assessment of higher likelihood coupled with significant impact – in the extreme this would mean mass extinction.
Why are Amazon fires potentially sparking global climate crisis?
Brazilian climate scientist Carlos Nobre believes 15-17% of the entire Amazon has already been destroyed. At first, researchers thought the tipping point would be 40% destruction. But that has changed with global warming raising temperatures in the Amazon and the increasing number of fires. Nobre now says that the tipping point is more likely at between 20-25%.
India to achieve most of COP 21 climate change goals in next 1.5 yrs Modi
The country had decided to better adapt to climate change by enhancing investments in development programmes in sectors vulnerable to climate change, particularly agriculture, water resources, Himalayan region, coastal regions, health and disaster management.
ADB Introduces Contingent Disaster Financing for Natural Disasters
Asia and the Pacific is the world’s most natural disaster-prone region. Between 2014 and 2017, countries in the region suffered 55 earthquakes, 217 storms and cyclones, and 236 cases of severe flooding, affecting 650 million people and causing about 33,000 deaths, according to the United Nations.
Monsoonal flooding across Southern Asia kills hundreds and incurs multi-billion economic loss
According to reports, more than 467 people have been killed this season in India and many thousands of acres of cropland were destroyed. The states of Assam, Bihar, Maharashtra and Uttar Pradesh were among the worst affected. Economic losses were expected to reach well into millions of U.S. dollars with significant costs to agriculture and infrastructure