“Over the past six years, Descartes has established itself as the...
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Climate, Environment, Renewable Energy
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Nuclear-powered ships may reshape trade with cleaner, faster transport, to pose problems for insurance
Commercial insurance companies won’t provide coverage for ship that...
US spends nearly $1 trillion on disaster recovery and other climate-related needs over last one year
Overall, increased climate costs from insurance premiums, power...
Strong GDP growth, weak monsoon drove up India’s energy-related carbon emissions in 2023: IEA
''In India, strong GDP growth drove up emissions by around 190 Mt. But a weak monsoon increased demand for electricity and cut hydro production, contributing around one-quarter of the increase in its total emissions in 2023. Per capita emissions in India remain far...
Fast-growing Asian economies China, India,Thailand and Philippines most vulnerable to climate change: Swiss Re Report
Risk reduction through adaptation fosters insurability. The insurance industry is ready to play an important role by catalysing investments in adaptation, directly as a long-term investor and indirectly through underwriting climate-supportive projects and sharing risk...
Govt involvement necessary to manage rising global CAT and Cyber risks: Munich Re
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
Houthi attacks has led to an “environmental disaster” in the Red Sea, US says
The Houthi assaults have continued despite waves of airstrikes by the US and the UK The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening. Hours...
NGT asks 53 cities to submit complete report on polluting sources, steps taken to reduce pollution
“All the cities (53) should disclose the contribution by each polluting source in terms of identified pollutant as per source apportionment and progressive reduction on account of measures taken,” the tribunal said, adding that a complete report” has to be submitted...
India will not accept unjust carbon emission mandates: DPIIT Secy
''We have accepted a stretched-out kind of goal because India believes we are not historically responsible for carbon emissions, even less in per capita terms, but the vision of the Hon'ble PM has always been that we will not accept unjustified mandates but we will...
India’s approach to sustainable development shines brightly: Hardeep S Puri
Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs, said that the reputations of businesses are now linked to their public commitment to the SDGs, both for investors as well as for consumers. Not just consumers, even investors...
Cabinet approves continuation of Flood Management and Border Areas Programme
Under the Flood Management Programme (FMP) component of Flood Management and Border Areas Programme with an outlay of Rs. 2940 crore, central assistance will be provided to state governments for taking up critical works related to flood control, anti-erosion, drainage...
India seeks $26 bln of private nuclear power investments
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation. The funding would help India to achieve its target of having 50% of its...
Goa govt, World Bank collaborate for blended finance facility for climate resilience
''Resilience is a crucial aspect of our vision for a balanced Goa that bridges economy and ecology and balances our aspirations for the health of our ecosystems and the development and wellbeing of our people,'' Chief Minister Pramod Sawant said Panaji: The Goa...