The primary objective "is to unlock the next phase of EV adoption,...
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Climate, Environment, Renewable Energy
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Renewable Energy: Nat Cat and unmodelled extreme weather risks emerge as a defining challenge
A new report by GCube Insurance calls for action from insurers,...
US Treasury’s Bessent urges IMF, World Bank to refocus on core missions
"The IMF was once unwavering in its mission of promoting global...
World losing race to meet climate goals, COP28 president says
While Africa is suffering from some of the most severe impacts of climate change, the continent only receives about 12% of the financing it needs to cope, according to researchers The world is losing the race to meet its climate change goals, the president of the...
India’s per capita coal emissions surged by 29% in seven years: Analysis
India saw a 29 per cent increase in seven years in per capita coal emissions compared to 2015,'' said the report which focuses on global transition to clean electricity. Dave Jones, Global Insights Lead, Ember said China and India are often blamed as the world’s big...
African children bearing the brunt of climate change impacts
Children in 48 out of 49 African countries assessed were found to be at high or extremely high risk of the impacts of climate change, based on their exposure and vulnerability to cyclones, heatwaves and other climate and environmental shocks, and access to essential...
Human-caused climate change may lead to 1 billion premature deaths over next century: Study
The study, published in the journal Energies, proposes aggressive energy policies that would enable immediate and substantive decreases to carbon emissions. It also recommends a heightened level of government, corporate and citizen action to accelerate the...
El Nino likely to develop between Sept and Nov, Australian weather bureau says
“Sea surface temperatures (SSTs) in the tropical Pacific are exceeding El Niño thresholds and have continued to warm slightly over the last fortnight,” the bureau said in a statement on its website.Climate models indicate further warming of the central to eastern...
Insurance, JioAirFiber, CBG plants make Reliance’s roadmap for growth: Ambani
Reliance Industries Ltd will continue to invest in clean energy projects, including 100 plants to convert agri-residue -- a source of pollution in the north during winter -- into gas that can fuel automobiles and generate power. All this to offset emissions from its...
Climate change compensation could eat up 44% of global corporations profit: Study
Earlier this year, the European Union enacted rules that would eventually require firms to disclose carbon emissions and the United States Securities and Exchange Commission and the state of California are looking at similar regulations The world’s corporations...
Millions of carbon credits generated by overestimating forest preservation: Study
Carbon credit markets have exploded in recent years. Over 150 million credits originated from voluntary REDD+ projects in 2021, with a value of US USD 1.3 billion. Some companies use carbon offsetting to claim progress towards ''net zero'' while doing little to reduce...
Decarbonisation gaining pace but have to learn to survive in hot new world: Sanjiv Puri
ITC chairman and managing director Sanjiv Puri said on Sunday said that the extreme climate change events that have plagued the world are "here to stay" and the companies in India should fine-tune their strategies in accordance to the climate change that has affected...
Heat waves becoming more frequent, deadly, Study finds
The study, published in the journal Nature Communications, found that Europe will be particularly affected. Heat waves of the kind we are currently experiencing are particularly deadly for the elderly, the sick and the poor, the researchers said The risk of fatal heat...