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SC remark on cutting trees ‘wake-up call’ for govt say environmentalists
"The continuous push for large-scale infrastructure projects such...
Insurers increasingly tap AI to tackle surging Cat losses
Risk experts are increasingly using AI to crack an especially...
New rules aim to clamp down on corporate greenwashing
The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...
Heat Wave: Rising fatalities just a foretaste of what is to come
McKinsey Global Institute estimates that the lost labor from work in areas exposed to extreme heat, such as construction and agriculture, could put at risk up to 4.5% of India’s GDP by 2030 “Many places that need to have local heat action plans do not have one,” said...
Bupa backs 18 start-ups in sustainability and health drive
Iñaki Ereño, Group CEO,Bupa further networking opportunities to 18 global start-ups which are pioneering products aimed at tackling climate change in innovative new ways. Iñaki Ereño, Bupa’s Group CEO, said: “As a provider of healthcare services to millions of people...
EU banks ready to expand risk models to manage climate-change fallout: Survey
The results indicate that banks are increasingly concerned about the potential of global warming to hurt asset values. The industry also faces a December deadline by the European Central Bank to reflect climate risks in their governance, strategy and risk management...
Air conditioning in India poses risk of dramatic rise in emissions: Study
''With electricity production still based essentially on fossil fuels, air conditioning as a heat adaptation strategy risks undermining our mitigation efforts, i.e., reducing greenhouse gas emissions,'' said Enrica De Cian, professor at Ca' Foscari University of...
Only 5% of India’s coal power plants meet sulphur dioxide emission norms: CSE
The Union environment ministry had specified the emission norms for coal-based power plants in December 2015. However, these have been diluted for various parameters, and deadlines have been repeatedly extended New Delhi: Even after multiple extensions, only 5 per...
Rich nations pledge to unlock hundreds of billions of dollars for climate fight
The leaders, gathered at a summit in Paris to thrash out funding for the climate transition and post-COVID debt burdens of poor countries, said their plans would secure billions of dollars of matching investment from the private sector An overdue pledge of $100...
US climate change lawsuit seeks $50 billion, citing 2021 heat wave
Rather than acknowledge the dangers of climate change, the lawsuit said the fossil fuel industry worked to undermine the scientific consensus around the problem “with pseudo-science, fabricated doubt, and a well-funded, sustained public relations campaign to promote...
UP heat wave made at least two times more likely by climate change, shows analysis
“We see again and again that climate change dramatically increases the frequency and intensity of heat waves, one of the deadliest weather events that exist. Our most recent World Weather Attribution (WWA) study has shown that this has been recognised in India, but...
Debt crises in Global South debilitating fight against climate change: Report
Hurricane Maria that hit the Carribean island of Dominica in 2017 caused damage equivalent to 226 per cent of its gross domestic product (GDP).Floods in Pakistan in 2022 and cyclone Pam in Vanuatu in 2015 caused damages worth 9 per cent and 64 per cent of their...