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As part of the ESG Bond deal, L&T is committed to environmental...
India’s billion-dollar infra projects face extreme weather test
India is ranked sixth among countries most affected by extreme...
Kenya could lose up to 7.25% of GDP to climate change, World Bank says
Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and mitigate its effects, the World Bank said on Friday. Like other so-called frontier economies, the East African nation has been suffering from the...
India turns to coal as hydro generation falls
Coal satisfied 80% of electricity demand up from 73% a year earlier, while the hydro share fell to 9% from more than 15% LONDON: India produced a record amount of electricity from coal in October to make up for a shortfall in hydro generation following...
134 countries sign declaration to address global emissions, protect farmer lives
The 134 signatory countries to the Declaration are home to over 5.7 billion people and almost 500 million farmers, produce 70 per cent of the food, and are responsible for 76 percent all emissions from global food systems or 25 per cent of total emissions globally...
WMO report shows 2023 shattered climate records experts highlight concerns for India
“Greenhouse gas levels are record high. Global temperatures are record-high. Sea level rise is record high. Antarctic sea ice is record low. It’s a deafening cacophony of broken records,” said WMO Secretary-General Prof. Petteri Taalas Dubai: The year 2023 has...
Allianz and Dutch development bank back $1.1 bln sustainable loans fund
The fund will co-invest in a portfolio of about 100 loans targeting the energy, financial and agribusiness sectors to help developing countries meet three SDGs – boosting economic growth, equality, and fighting climate change Allianz Global Investors and Dutch...
Impact of climate change on health takes centre stage at COP28: WHO
7 million premature deaths annually are attributed to air pollution The health community recognizes the role health systems play in contributing to emissions, and advocates for greening the health sector. This involves decarbonizing health systems, digitalizing...
Net zero goal calls for USD 5 trillion in annual green investments: IMF
Of the 50 per cent cut to emissions needed by 2030 to stay on track for the 1.5-degree target, more than 80 per cent can be achieved from technologies available today. Getting to net zero by 2050 will, however, require technologies that are still under development or...
Spiraling climate costs make insurance unaffordable for some Australians
Over a million households now face home insurance affordability stress, As a growing number of people dump or scale back their insurance, a “protection gap” is emerging, said Andrew Hall, head of the Insurance Council of Australia Increasing numbers of Australians are...
Climate change events may soon start affecting your brain functioning: Study
In the new study, teams from the universities of Geneva, New York, Chicago, Washington, Stanford, Exeter in the UK and the Max Planck Institute in Berlin, said that climate change events may change brain structure, function, and overall health, while calling for more...
Workers face double hit from climate change and new technologies, ILO head warns
ILO Director-General, Gilbert F. Houngbo also highlighted rising inequality, insecurity and vulnerability. He told the leaders that this made work on improving and protecting skills even more important ILO Director-General, Gilbert F. Houngbo, has warned that workers...