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Climate, Environment, Renewable Energy
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Banks’ exposure to heat-related losses faces scrutiny in EU
Heat-related damage tends to be less straightforward to measure...
EL Nino to hit India’s energy system harder than anywhere else in world: CREA report
"Combine the lost output from renewables and the increased demand...
Companies reaffirm sustainability commitments on World Environment Day
Corporate India’s renewed focus on sustainability comes amid rising global concerns over climate change, extreme weather events and resource constraints. Businesses are facing increasing pressure from investors, regulators and consumers to demonstrate measurable...
Maruti Suzuki unveils India’s first flex-fuel car as govt pushes for greater ethanol mix in petrol
From left, Maruti Suzuki India MD and CEO Hisashi Takeuchi, Union Road Transport and Highways Minister Nitin Gadkari and Union Petroleum and Natural Gas Minister Hardeep Singh Puri during the launch of the company's first flex fuel car, in New Delhi, Thursday, June 4,...
Global temperatures to reach near-record highs in next five years, report finds
"There's very clear evidence that the climate is warming and that the global average temperature is continuing to rise," Melissa Seabrook, a research scientist at the UK Met Office. Average global temperatures are forecast to reach near-record levels in the next five...
Climate Intelligence:Turning weather data into financial gain
The weather was always data. We just never learned to treat it as a financial signal.That is now changing, and it is changing faster than most people realise.The missing link has always been the intelligence layer that connects real-time weather data to real-time...
Direct carbon pricing covers nearly one third of global emissions, raises over $107 billion in government revenue
The World Bank report shows that all large middle-income economies have now either implemented or are planning direct carbon pricing instruments, with the most significant developments in the past year in India and Viet Nam WASHINGTON: Carbon pricing revenues have...
Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition
"The move is expected to enhance the availability of verification services, improve efficiency and support the growing adoption of cleaner fuels across the country," the ministry said in a statement. New Delhi:The consumer affairs ministry has amended legal metrology...
Coal pollution dims global solar power output
The effect is most pronounced when solar facilities are located next to coal plants. In China, the world’s largest producer of solar power and coal, aerosols slashed photovoltaic output by 7.7%, with scientists attributing nearly a third of the decline to coal-fired...
India’s weather futures debut puts Mumbai rain up for trade
India's National Commodity and Derivatives Exchange (NCDEX) will launch the country's first exchange-traded weather derivatives contract on June 1, allowing participants to hedge financial exposure arising from fluctuations in the rains in Mumbai. NEW DELHI:...
Govt unveils Water Metro Policy ahead of national rollout in 18 cities
Sarbananda Sonowal,Union Minister of Ports, Shipping & Waterways (MoPSW) The initiative adopts an ecosystem approach, ensuring standardisation in vessel design, terminals, charging infrastructure, and safety protocols, while promoting indigenisation in vessel...
Philanthropy as Risk Capital in Asia: Bridging innovation to impact
The report spotlights 10 cases spanning climate, health, housing, water, waste, and digital inclusion where philanthropic risk capital underwrote the earliest and riskiest stages of social innovation.These range from sustainable housing and carbon removal technologies...