The 2022 drought resulted in €5.6 billion in direct and indirect...
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Climate, Environment, Renewable Energy
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Climate change driving extreme rainfall in Himalayas, anthropogenic factors adding to risk: Govt
Minister of State for Home Affairs Nityanand Rai said assessments...
Changing Hazards:Benign H1 2026 masks rising natural catastrophe risk, finds Swiss Re
Wildfire risk has so far accounted for only a relatively small...
Govt expands fuel dispenser verification to cover hydrogen, clean fuels amid energy transition
"The move is expected to enhance the availability of verification services, improve efficiency and support the growing adoption of cleaner fuels across the country," the ministry said in a statement. New Delhi:The consumer affairs ministry has amended legal metrology...
Coal pollution dims global solar power output
The effect is most pronounced when solar facilities are located next to coal plants. In China, the world’s largest producer of solar power and coal, aerosols slashed photovoltaic output by 7.7%, with scientists attributing nearly a third of the decline to coal-fired...
India’s weather futures debut puts Mumbai rain up for trade
India's National Commodity and Derivatives Exchange (NCDEX) will launch the country's first exchange-traded weather derivatives contract on June 1, allowing participants to hedge financial exposure arising from fluctuations in the rains in Mumbai. NEW DELHI:...
Govt unveils Water Metro Policy ahead of national rollout in 18 cities
Sarbananda Sonowal,Union Minister of Ports, Shipping & Waterways (MoPSW) The initiative adopts an ecosystem approach, ensuring standardisation in vessel design, terminals, charging infrastructure, and safety protocols, while promoting indigenisation in vessel...
Philanthropy as Risk Capital in Asia: Bridging innovation to impact
The report spotlights 10 cases spanning climate, health, housing, water, waste, and digital inclusion where philanthropic risk capital underwrote the earliest and riskiest stages of social innovation.These range from sustainable housing and carbon removal technologies...
Governments lead Asia’s $100 billion climate resilience push
Climate adaptation is slowly being seen as a potential target area for private investors rather than simply a government responsibility, particularly with expectations that projects and services aimed at bolstering resilience will post strong growth in coming decades....
Climate Adaptation & Resilience in Asia: Pricing Risk,Financing Solutions
By 2030, Asia will account for around 75% of the global climate adaptation and resilience(CA&R) financing gap, and Asian companies are projected to bear around US$336 billion in annual climate costs. The Centre for Impact Investing and Practices (CIIP), in...
Space intel giant ICEYE chooses India for first Asia-Pacific satellite manufacturing hub
Rafal Modrzewski, CEO and co-founder of ICEYE The company's satellite constellations currently serve sectors ranging from defence and intelligence to insurance and emergency management. Demand for ICEYE's technology has surged amid rising global geopolitical tensions,...
AI-enabled systems introduced by IMD to provide hyper-local weather forecasts: Jitendra Singh
Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences,said India has witnessed nearly 40 per cent improvement in forecast accuracy for severe weather events during the recent decade compared to the previous decade....
Govt to prepare a master plan to track climate, disaster impact: Amit Shah
Union Home Minister Amit Shah on Sunday reviewed country's preparedness to deal with potential floods and heat waves in a comprehensive manner during an important high-level meeting held in New Delhi. New Delhi:Union Home Minister Amit Shah said that a master plan...