A report filed by Himachal Pradesh said the recent devastations in...
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Climate, Environment, Renewable Energy
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Fossil-Fuel Demand: Myth of peak is crumbling
For now, the world isn’t performing an “energy transition” but an...
Experiments of blending ethanol with diesel unsuccessful; new tests with Isobutanol on: Gadkari
"Experiments were carried out to blend 10 per cent ethanol with...
SBI Ventures plans to raise $237 million Climate Fund
The fund will invest in small and mid-sized companies that are focused on recycling waste and curbing emissions among other initiatives, and obtain equity partnership Mumbai: A unit of India’s largest lender State Bank of India is planning to raise as much as Rs 20...
COP29: Baku meet adopts establishment of global carbon market under Paris Agreement’s Article 6
The Article 6.4 mechanism is seen as an important tool in bridging the climate finance gap.The mechanism aims to enhance climate finance flows to countries with carbon-rich ecosystems, supporting both environmental integrity and equitable access to funding. Baku: In a...
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...
India to focus on climate finance, protecting vulnerable communities COP29
India's key priorities at the conference are likely to focus on ensuring accountability of developed nations on climate finance, strengthening resilience for vulnerable communities, and achieving an equitable energy transition, experts anticipate New Delhi: As world...
Spain floods to trigger total insurance losses in excess of $3.8 billion, will have limited impact on local re/insurers
Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...
Innovative Climate risk insurance: PCRIC and WTW renew covers for 6 Pacific island nations
For 2024 and 2025, PCRIC now provides insurance for tropical cyclones, heavy rain, earthquake, and tsunami risk to six Pacific governments: the Cook Islands, Fiji, Niue, Tonga, Samoa, and Vanuatu, as well as the state-owned telecommunications company PNG DataCo in...
Deadly Spain floods show difficulty of adapting to intense rains
An extremely hot Mediterranean and warmer air temperatures exacerbated a type of storm system that is becoming more common in the Iberian peninsula due to global warming Floods that killed more than 200 people in eastern Spain this week were caused by a storm that...
Companies are dropping the D or E from DEI to avoid legal risks
Companies such as Toyota Motor Corp. and Ford Motor Co. have modified DEI initiatives after being attacked. After a backlash against DEI programs by conservative activists, a majority of executives in a new survey said that their companies have changed how the...
Infants, older adults in India exposed to more heatwave days in last decade, Lancet report reveals
Estimating economic impacts of heat in India, the report found that the agricultural sector was the worst hit from potential income loss due to a reduced capacity of labour in 2023 -- to the tune of over $71.9 billion in potential losses In India, over the last...
India updates biodiversity action plan, to conserve 30pc areas by 2030
Reducing threats includes eight targets focused on major biodiversity threats, such as land and sea use changes, pollution, overuse of species, climate change, and invasive species, as well as restoring ecosystems, conserving species diversity, and enabling the...