“India’s development journey is unprecedented -- our economy...
Category:
Climate, Environment, Renewable Energy
Latest
India’s push for ethanol-mixed fuel sparks driver backlash, leaves carmakers scrambling
When asked about issues on warranty and insurance due to usage of...
Cloudbursts landslides in Uttarakhand 6 killed 11 missing
Uttarakhand has been hit hard by natural calamities this monsoon...
Insurance premiums for climate resilience and NatCat protection are set to increase by 50% by 2030, to reach $200-250 billion, says report
Whilst insurance promises to be a great enabler to unlocking the transition and adapting economies to a new climate era, it will require a paradigm shift in how risk management is prioritised if climate finance is to be deployed and businesses are to secure their...
Cost of new drug development is key concern for life science as focus shifts to repurposing: WTW Survey
The survey also revealed that regulation and reputation risk have risen to the top of the life science agenda as companies feel pressure on a range of issues such as increasing regulatory activity post-Covid, U.S. drug price controls, rising data privacy concerns, ESG...
Lawsuits targeting ‘Climate Washing’ becoming more frequent
Over 2023 some 233 new climate-related cases were filed worldwide, with cases in the Global South gaining traction. A ruling by the Supreme Court of India established a new constitutional right to be free from the adverse effects of climate change London: Companies...
WB approves $1.5 bn more to aid India’s low-carbon emission reforms
According to the World Bank, the reforms are expected to result in the production of at least 450,000 metric tonnes of green hydrogen and 1,500 MW of electrolysers per year from FY25/26 onwards, said the World Bank New Delhi: The World Bank on Saturday approved $1.5...
Korean explosion raises concerns over battery safety
Battery-related fires have also posed greater risks in recent years as countries pivot away from fossil fuels and expand the use of clean energy and vehicles. The growing demand has increased the number of battery producers around the globe, with fires breaking out...
Growing water stress can negatively impact India’s sovereign credit strength: Moody’s
India's average annual water availability per capita is likely to drop to 1,367 cubic meters by 2031 from an already-low 1,486 cubic meters in 2021, according to the Ministry of Water Resources MUMBAI/BENGALURU: India's worsening water shortage, triggered by high...
Issuance of cat bonds set to hit a record this year
Catastrophe bonds are generally issued by insurers looking to pass a chunk of their risk over to capital markets. Issuance has picked up lately, with factors including climate change, population density and inflation adding to the potential losses that insurers face....
Climate Change: The Era of Super-Wild Weather Is Already Here
Erich Fischer, a climate scientist at ETH Zurich, has been trying to do for heat something similar to what US researchers want to do for precipitation. His work in recent years has helped demonstrate that temperature records around the world are falling by greater and...
More than 800 coal plants worldwide could be profitably decommissioned, research group says
Around 15.5 billion metric tons of carbon dioxide are generated every year by 2,000 gigawatts of coal power. The International Energy Agency says emissions need to reach zero by 2040 if temperature rises are to remain within the threshold of 1.5 degrees Celsius The...
India’s ‘heat trap’ cities make summers worse, says government official
"The emission of greenhouse gases has gone up. The permeable spaces have gone down considerably. The cities actually have become heat traps.As a result, nights are nearly as uncomfortable as days,Krishna S. Vatsa, a member of the National Disaster Management Authority...