"Oil and gas companies' renewable deployment is anecdotal at best....
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Climate, Environment, Renewable Energy
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Net-Zero Banking Alliance winds up operations
The alliance, set up in 2021, was the banking industry’s main body...
SEBI chief warns investors on fraudsters offering guaranteed returns
Tuhin Kanta Pandey, Chairman,SEBI "Our survey reveals that an...
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...
Spain searches for bodies after unprecedented flooding claims at least 158 lives
Human-caused climate change has doubled the likelihood of a storm like this week’s deluge in Valencia, according to a rapid but partial analysis Thursday by World Weather Attribution, comprising dozens of international scientists who study global warming’s role in...
India faces 24.7 pc GDP loss by 2070 due to climate change: ADB report
"India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant," the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by 2070 across...
World emission cut target will be missed by an overwhelming amount, UN climate chief warns
Total emissions of CO2 into the atmosphere in 2030 will only be 2.6% lower than in 2019, according to the latest climate plans put forward by countries, a synthesis compiled by UN Climate Change said Monday. To be consistent with a goal for a 1.5C warming limit, the...
Seeking profit emerging markets lose ESG appeal
ESG investments in developing nations have floundered over the course of the past year, with emerging markets recording a third year of consecutive outflows, largely due to tighter global monetary policies in both developed and emerging economies. Sustainable...
APAC reinsurers’ stable pricing in 2024 backed by adequate capacity, says Fitch
``We believe reinsurers can maintain profitability through rigorous risk selection and disciplined pricing amid rising competition, regulatory changes, climate impact and economic risks,'' said Fitch Jakarta: The APAC reinsurance market’s pricing in 2024 is stable due...
Climate, tech risks a threat to inflation targetting, says RBI Dy Gov Patra
Michael Patra, Deputy Governor, RBI Central banks face an "existential threat" to their inflation mandates from climate change through supply shocks, such as food and energy shortages, and a decline in productive capacity, Michael Patra said at a conference in New...