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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...
World Bank to fund Odisha to increase social protection, disaster resilience
This Externally Aided Project will augment government efforts in areas such as increasing coverage and scale-up of an adaptive social protection system, disaster risk management planning and programmes through the Odisha State Disaster Management Authority (OSDMA),...
Fly responsibly? Airlines face a storm over climate claims
In June, European consumer rights body BEUC lodged a complaint at the European Commission against 17 airlines, alleging they use terms such as “sustainable,” “responsible” and “green” deceptively “The reason we picked airlines is probably because it’s one of the most...
Apple has a plan for climate-friendlier watches: cut plane travel
The three green-tagged versions of the Apple Watch Series 9, Apple Watch SE and Apple Watch Ultra 2 will have lower emissions than Apple's baseline estimations based on previous products, and Apple will buy carbon offsets for remaining emissions, said Lisa Jackson,...
UK to provide USD 2 billion to Green Climate Fund
'The UK is stepping up and delivering on our climate commitments, both by decarbonising our own economy and supporting the world's most vulnerable to deal with the impact of climate change,'' Sunak said, addressing the G20 leaders. New Delhi: The UK on Sunday said it...
G20 Delhi Declaration calls for implementing ‘One Health’ approach
"Promote the One Health-based approach driven by the Quadripartite One Health Joint Plan of Action (2022-2026). Enhance the resilience of health systems and support development of climate- resilient and low-carbon health systems in collaboration with MDBs, and support...
IMF, World Bank to step up cooperation on climate, debt, digital transition
The joint IMF-World Bank statement said the two institutions would collaborate on climate change on a "more structured and institutionalized footing. IMF, World Bank to step up cooperation on climate, debt, digital transitionThe International Monetary Fund and World...
China against clubbing of climate resilience clause as part of G20 sovereign debt restructuring package
On the energy transition, sources said, the finance track has recommended on the mechanisms to support the timely and adequate mobilisation of resources for climate finance, while ensuring support for transition activities in line with country circumstances New Delhi:...
Wildfires cost Europe €4.1 billion as temperatures hit
The extreme weather – an increasingly frequent occurrence in our warming climate – is having a major impact on human health, ecosystems, economies, agriculture, energy and water supplies,” according to Petteri Taalas, the secretary general of the World Meteorological...
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...