The case is led by the Pacific island nation of Vanuatu and backed...
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RBI Dy Governor pitches for global unity, tech transfer to tackle climate change
The Deputy Governor said the focus needed to shift from...
RBI to issue climate risk disclosure rules for banks soon
As part of the central bank's climate disclosure rules, banks will...
Environmental resilience a critical concern for major Asian cities: Tokio Marine & Economist report
Asian cities perform comparatively well in disaster management, with Hong Kong, New Delhi, Shanghai, Singapore and Tokyo scoring high for culture of readiness Bangkok, Dhaka and Jakarta are poorly equipped to respond to flood, while New Delhi and Dubai are...
Hillary Clinton at COP28 climate talks calls for insurance reform
Former U.S. Secretary of State Hillary Clinton “We need to rethink the insurance industry,” Former U.S. Secretary of State Hillary Clinton said during a panel on women and climate resiliency. “Insurance companies are pulling out of so many places. They’re not insuring...
Shipping giants want an end date for fossil fuel-only
Shipping is a major source of carbon emissions and the industry spewed more than 1 billion tons in 2018. While the sector is making some moves toward decarbonising, progress is relatively limited so far, with the vast majority of the world’s fleet still running on...
India’s emission intensity reduced by 33 per cent between 2005 and 2019: Govt report
Environment Minister Bhupender Yadav said that India reduced its GDP emission intensity by 33 per cent between 2005 and 2019, achieving the target 11 years in advance. India created an additional carbon sink of 1.97 billion tonnes of CO2 equivalent during this period...
Over 120 countries back COP28 UAE Climate and Health Declaration
"The climate crisis is a health crisis, but for too long, health has been a footnote in climate discussions," said Tedros Adhanom Ghebreyesus, Director-General, World Health Organization Dubai: Over 120 countries backed the COP28 UAE Declaration on Climate and Health...
World Bank to boost climate financing share to 45%, broaden climate debt clauses
World Bank President Ajay Banga also said that the World Bank would broaden the scope of Climate Resilient Debt Clauses in its loans to cover all existing World Bank loans for the most vulnerable countries. The clauses provide for a suspension of repayments in the...
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...