Asian cities perform comparatively well in disaster management,...
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Climate, Environment, Renewable Energy
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Hillary Clinton at COP28 climate talks calls for insurance reform
Former U.S. Secretary of State Hillary Clinton “We need to rethink...
Shipping giants want an end date for fossil fuel-only
Shipping is a major source of carbon emissions and the industry...
Monsoon forecast contrary to initial prediction: IMD for detailed analysis
Mohapatra said several global models had predicted below normal monsoon because of the El Nino but IMD stuck to its prediction and did not revise it.
Water crises ranked as the topmost risk in India:WEF
Fifteen of the world’s 20 most polluted cities are in India (where the issue ranked second), and Dhaka, Bangladesh (where it ranked eight),is also on the list. Pollution poses health and economic risks to these countries: Each year, Bangladesh loses approximately $6.5 billion and India $5 billion due to pollution and environmental degradation.
U.N. science panel warns climate impacts on oceans include rising seas, dry rivers
“Everybody in the world will be affected by the changes we are seeing,” Michael Meredith, an oceanographer with the British Antarctic Survey and one of the report’s authors, told Reuters.
Insurers to offer up to $5B in capacity to hike developing nations’ Climate Resilience
As part of the program, as much as $5 billion in insurance capacity will be offered to 20 developing countries that are vulnerable to shifts in the climate and willing to work with the groups to increase their resilience, according to a statement Sunday from the Insurance Development Forum, the UN Development Program, the German Federal Ministry for Economic Cooperation and Development and the U.K. Department for International Development.
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.