More than 25 people were killed Thursday in landslides in the...
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Climate, Environment, Renewable Energy
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India likely to cross $4 trillion economy mark this fiscal: CEA Nageswaran
Chief Economic Advisor V. Anantha Nageswaran noted India is fully...
Heavy rainfall unleashes deadly floods across Southeast Asia
Total number of confirmed dead in Vietnam is now 91.Flooding in...
Sebi member expresses concerns over misleading disclosures related to ESG metrics
Speaking at the ESG Summit organised by the industry body FICCI here, Sebi Whole-Time Member Amarjeet Singh also said that regulators need to enhance their oversight capabilities and introduce legislative changes as the sustainable finance market expands. Mumbai: A...
Closing Crisis Protection Gap: Leaders call for 10 fold higher finance to meet cost of future crises
Less than $1 of every $5,000 of crisis finance goes to low income countries in the form of prearranged finance. Annual global economic losses from unmitigated climate change are projected to range between $7 trillion and $38 trillion by 2050 The High-Level Panel on...
Climate change will lead to higher deaths in Europe, Study shows
Researchers found that if planet-warming carbon emissions continue to rise, higher temperatures would result in some 2.3 million extra deaths by 2099 across 854 European cities. As Europe gets hotter, more people are expected to die from extreme heat, outweighing the...
Oceans are warming four times faster as earth traps more energy
Global ocean temperatures hit record highs for 450 days straight between 2023 and early 2024, which helped fuel massive hurricanes. While some of this warmth came from El Niño, the study showed that 44% of the record warmth was caused by oceans absorbing heat at a...
Auditors get tougher guidelines on judging firms’ environmental claims
The move by the International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) comes as more companies are pushed to disclose data as part of efforts to fight climate change International auditors have...
Munich Re promotes Parametric solutions for Cat losses in India
An one day event on ``Disaster Risk Transfer and Financing Solutions for India'', organised by Munich Re, aims to bring together representatives from various Indian states, the insurance industry, government bodies, International organizations experienced in disaster...
Trump signs executive order directing US withdrawal from the Paris climate agreement — again
US President Donald Trump Trump also signed a letter to the United Nations indicating his intention to withdraw from the 2015 agreement, which allows nations to provide targets to cut their own emissions of greenhouse gases from the burning of coal, oil and natural...
“For Munich Re, it is of utmost importance that rates and conditions are risk-adequate to insure sustainability of the business”
With the beginning of the renewal season in Asian region, Hitesh Kotak, Chief Executive - Japan, India, Korea and South-East Asia, Munich Re, in an exclusive interview with Asia Insurance Post, has said the reinsurance market has currently achieved a sensible balance...
Electric Vehicles: Indian Automakers plan to launch dozen of new models
While EV sales growth in India is also slowing, rising 20 per cent in 2024 from a year ago to about 100,000 units, it outpaced the overall car market growth of 5 per cent over the same period Automakers operating in India plan to launch close to a dozen new electric...
Form panel to consider phasing out petrol, diesel vehicles: HC to Maha govt
A division bench of Chief Justice D K Upadhyaya and Justice Girish Kulkarni directed the government to form a committee of experts and civil administrators within a fortnight to consider whether it will be feasible to phase out diesel- and petrol-based vehicles from...