Private power companies were told that the majority of the...
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France, US to propose ban on private finance to coal-fired plants at COP28 – sources
About 73% of electricity consumed in India is produced using coal,...
60 pc of businesses ‘off track’ to meet sustainability goals: Bain & Company report
Consumers in fast-growing markets, where Bain found environmental...
Heat stress at work linked to climate change could cost $2.4 trillion every year:ILO
With some 940 million people active in agriculture around the world, farmers are set to be worst hit by rising temperatures, according to the ILO data, which indicates that the sector will be responsible for 60 per cent of global working hours lost from heat stress, by 2030.
India could face productivity loss equivalent to 34 million jobs in 2030 due to global warming: UN
With some 940 million people active in agriculture around the world, farmers are set to be worst hit by rising temperatures, according to the ILO data, which indicates that the sector will be responsible for 60 per cent of global working hours lost from heat stress, by 2030.
Chubb recognises climate change reality,pulls back from coal
Insurance coverage for existing coal-plant risks that exceed this threshold will be phased out by 2022, and for utilities beginning in 2022. In addition, Chubb will not make new debt or equity investments in companies that generate more than 30% of revenues from thermal coal mining or energy production from coal.
Air conditioning is the world’s next big threat
It’s not too hard to imagine a vicious cycle in which more hot weather begets ever more demand for air conditioning and thus even more need for power. That in turn means more emissions and even hotter temperatures.
Blast of Hot Air from Sahara Triggers Record Heatwave Across Europe
Germany imposed speed restrictions on usually limit-free stretches of its highway network and several people were stopped by police for stripping in public. About 60% of vehicles registered in the Paris area were ordered off the roads, while shops in the French capital ran out of fans and air conditioners, rarely used by most residents. In Rome, keepers at the city’s zoo fed animals frozen treats.
Investors with $34 trillion demand urgent climate change action
“It is vital for our long-term planning and asset allocation decisions that governments work closely with investors to incorporate Paris-aligned climate scenarios into their policy frameworks and energy transition pathways,” the statement said.
In ‘climate apartheid’, rich will save themselves while poor suffer: UN
The report, submitted to the UN Human Rights Council by its special rapporteur on extreme poverty, Philip Alston, said business was supposed to play a vital role in coping with climate change, but could not be relied on to look after the poor.
Liberty Mutual Insurance decides not to insure Adani’s controversial $16.5bn Australian coal mine
10 of the world’s largest insurers and reinsurers, on serious environmental concerns,had earlier refused to provide support for the development of Gautam Adani owned Adani Group’s $16.5bn Carmichael coal mine and rail project in Clermont Town, Central Queensland.
Climate change threatens Himalayan glaciers
Although the Himalaya study did not attempt to ascertain precisely how much ice had melted, the glaciers may have lost as much as a quarter of their mass over the last 40 years.
May 2019 was the 4th hottest on record for the globe
The period from January through May produced a global temperature 1.67 degrees F above the 20th-century average of 55.5 degrees F, making it the third-hottest year to date on record. Record-breaking heat affected parts of the southern half of Africa; Australia; southeastern Brazil; northern North America; Asia; parts of the southern oceans; the Barents Sea; and areas of the North Pacific Ocean.