“A massive Cloud burst in Chositi area, which could result in...
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Jellyfish shut French nuclear reactors as heat wave builds
The “massive and unforeseen” presence of jellyfish in the filter...
Frequent disasters expose climate risks to infrastructure in South Asia
The Himalayan region, which crosses Nepal and several nearby...
Govt must provide additional disaster management funds to states without discrimination: Kharge
"The country is grappling with climate change, where floods, heavy rainfall, cloudburst and drought-like emergent situations have occurred in many states. For this, we will have to take steps by adopting a scientific approach, with the participation of all, by making...
Disaster Management (Amendment) Bill 2024 tabled in Lok Sabha
The bill is aimed to strengthen the efficient working of the National Disaster Management Authority and the State Disaster Management Authorities and has provisions for the constitution of Urban Disaster Management Authority for state capital and large cities having...
India’s Carbon Market: Regulations expected in months
"Large Indian corporations are on to this carbon market development in India especially since they have assets in other places around the world and their customers in European markets would be demanding more and more cleaner products.," Dirk Forrister, President and...
Global accounting body wants more rigour in showing climate impacts
Investors have said they want to know whether assets will retain their value going forward as climate change impairs them, such as through flood damage London: The IASB launched a consultation on Wednesday on proposed guidance for companies to apply the board’s...
Companies ‘Paralyzed’ as Australia plans tough climate rules
Authorities estimate the average cost of compliance to be A$1 million ($655,550) but some large organizations calculate the total is likely to be above A$3 million, said Jillian Button, head of climate change at law firm Allens Australia’s plans to introduce stringent...
Uttarakhand CM calls for policies specific to Himalyan state’s needs
Pushkar Singh Dhami,Chief Minister,Uttarakhand The CM said that there was a pressing need to work on water conservation and increasing the ground water given the drinking water crisis in many cities. A Spring and River Rejuvenation Authority has been formed in...
Govt to release financial sector vision, strategy document for 5 years, rules for FDI to be simplified
Shailaja Lall, Partner, Insurance & Reinsurance, Shardul Amarchand Mangaldas & Co, commented the budget has announced that there will be some simplification of the rules and regulations pertaining to FDI, which will be keenly awaited by foreign investors in...
Budget 2024-25: FM announces 9 priorities
Presenting her seventh straight budget, Sitharaman said the government undertakes comprehensive review of research to develop climate-resilient seeds. In the next two years, one crore farmers will be initiated in natural farming,Finance Minister Nirmala Sitharaman New...
The fund managers Cat modeling keep winning bets
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
EU markets watchdog signals a hard line on new ESG disclosures
The European Securities and Markets Authority acknowledged that complying with the new European Sustainability Reporting Standards creates “challenges” for companies, and the first reports, due next year for the largest firms, will constitute a “milestone in the...