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Climate, Environment, Renewable Energy
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Climate change supercharge devastating South Asian floods
A trio of tropical cyclones battered the region from Sri Lanka to...
EU strikes deal to further weaken corporate sustainability laws after US pressure intensifies
The agreement reached, which also scales back the scope of the...
French households, businesses face soaring costs for insurance due to climate change: Govt
The cost of climate disasters may double in the 30 years through 2050, reaching a cumulative €143 billion ($155 billion), the French government said in an adaptation plan. At a briefing in Paris, Ecology Minister Agnes Pannier-Runacher said climate change is a...
EU’s aggressive environmental regulations biggest hurdles of FTA talks with India: GTRI
"The EU is urging India to adopt stronger privacy regulations aligned with GDPR, but India sees this as an unnecessary burden on its digital economy. India has just enacted its Digital Personal Data Protection Act, 2023, which it argues should be sufficient, though it...
Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy
L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and South-East Asia at Munich Re,Krishna S Vatsa, Member, NDMA,Safi Ahsan Rizvi, Advisor (Mitigation), NDMA, M Nagaraju, Secretary, Department of Finance (DFS), Mandakini Balodhi, Director(Insurance),...
From April 1, no sale of petrol to vehicles older than 15 years: Delhi Minister Sirsa
Addressing media persons after a meeting, Delhi Forest and Environment Minister Manjinder Singh Sirsa ,said, “Special gadgets are being installed at petrol pumps to identify vehicles older than 15 years so that they are not sold fuel.” New Delhi: Delhi Forest and...
El Nino, La Nina forecast: Weather Agencies grapple with prediction challenges
An accurate read on the status of the El Niño-Southern Oscillation is essential for governments, energy markets and farmers planning their cropping regimes, especially as global warming exacerbates extreme weather. Warm and cold phases can cause sapping droughts or...
Financial, capacity constraints of EU’s carbon border policy may disrupt India’s steel sector: Study
Being implemented since October 2023, the Carbon Border Adjustment Mechanism (CBAM) aims to apply carbon content-based charges on imports of certain emission-intensive products such as steel from countries with less stringent emission regulations, including India New...
SBI aims to be Net-Zero by 2055: Setty
C S Setty, Chairman ,SBI Mumbai: State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055. The bank, the largest in the country, will be celebrating its centenary year of existence then, he said. Setty made...
Climate Goals Still Make Business Sense, Rio Tinto CEO Says
Jakob Stausholm,Chief Executive Officer, Rio Tinto Group His comments come as firms from Walmart Inc. to the Coca-Cola Co. defer or abandon climate and environmental ambitions, arguing policy settings and slow advances in technology are making planned emissions cuts...
Taiwan to deploy investment from insurance funds to help finance island’s green energy
Taiwan is phasing out coal-fired power stations and shifting to liquefied natural gas, as well as investing in solar and wind projects Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as...
EU to review corporate liability under Europe’s toughest ESG Law
Plans to cut reporting requirements — especially for small and medium-sized companies — have been well-flagged, but officials are now also looking at ways to ease rules that require firms to clean up their value chains under the Corporate Sustainability Due Diligence...