The Deputy Governor said the focus needed to shift from...
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Climate, Environment, Renewable Energy
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RBI to issue climate risk disclosure rules for banks soon
As part of the central bank's climate disclosure rules, banks will...
Global Cat insured losses at least $100 billion for 1H 2025: Aon
According to preliminary estimates, 1H economic losses in the U.S....
World bank and Fathom tie-up for free flood data access for 16 climate vulnerable countries
These countries are among the most vulnerable to climate change, such as Pakistan, Somalia, and Yemen, which often struggle with limited data resources London: UK based Global flood risk intelligence leader Fathom, which was recently acquired by Swiss Re, has tied up...
Adani Ports secures top position for climate actions
The company also secured the top rank in the marine ports sector on a low carbon transition rating by Sustainalytics New Delhi: Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said it has secured top position for its climate actions and environmental...
Climate change drives world to first 12-month spell over 1.5C
Already 2023 was the planet's hottest year in global records going back to 1850, as human-caused climate change and El Nino, the weather pattern that warms the surface waters in the eastern Pacific Ocean, pushed temperatures higher "We are heading towards a...
EU agreement on ESG Ratings seen as world’s toughest
Under the agreement, ESG ratings providers based in the EU “will need to obtain an authorization” from the European Securities and Markets Authority, the Council said A provisional agreement in the European Union setting guardrails around the ESG [environmental,...
Identify & remove deepfakes else face legal action, govt reminds intermediaries
Intermediaries have been warned that non-compliance will lead to losing exemption from liability provided under section 79(1) of IT Act,” the minister emphasised,Rajya Sabha, Minister of State for Electronics and IT New Delhi: The government has emphasised that social...
Climate change, illegal construction, greenery loss increasing disaster risk in Himalayas: NDMA
''Vulnerabilities that arose due to unplanned and non-scientific developments in the fragile Himalayan ecosystem were exacerbated by floods resulting from the convergence of monsoon winds and western disturbances in July-August 2023, leading to significant...
Centre to boost EV Infra, new bio-manufacturing scheme in the offing: FM
Finance Minister Nirmala Sitharaman said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units free electricity every month that will result in savings of Rs 15,000 to 18,000 annually for households New Delhi: As Elon Musk looks...
Cold snap helps India’s wheat crop but warm weather forecasts pose risk
Although India's fertile plains have seen a chilly winter, a lack of snowfall in the mountainous regions has raised concerns of a sudden, abrupt rise in temperatures. Both minimum and maximum temperatures in northern and north-western states have started to rise, an...
Howden launches first-of-its-kind carbon capture and storage insurance facility
The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides cover for environmental damage and loss of revenue arising from the sudden or gradual leakage of CO2 from CCS projects into the air, land and water London: Howden today...
Climate change figures prominently in Pakistan political parties’ manifestos
Ranked as the 5th most vulnerable country to climate change according to the Global Climate Risk Index, a UN report has warned that Pakistan will experience increasingly severe extreme weather events. The total damage from the devastating floods in 2022 that hit 33...