The petitioner company, Grauer and Weil (India) Limited, considers...
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Climate, Environment, Renewable Energy
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Include heatwaves in disaster management plans: Parliamentary panel tells Centre
“The committee recommends that the ministry may include new and...
StanChart raises 1 bn euro via first social bond, commits 50% for India
The 8-year bond will primarily facilitate lending to small and...
Investors still warming up to ESG-focussed funds; asset base drops in FY23
According to data compiled by Morningstar India, 12 ESG funds together clocked assets under management (AUM) of Rs 10,427 crore in March 2023, which was Rs 2,000 crore or 16 per cent lower from Rs 12,447 crore registered a year earlier In comparison, the assets base...
Costs and benefits of climate transition in India very unevenly distributed: Study
The researchers assume there will be an extensive effort towards climate protection, including a complete coal phase-out, the massive expansion of power generation from solar and wind, a national carbon price of USD 40 per tonne for private households and companies,...
1.5C for the planet, 1C for people: Scientists issue new climate warning
The warning - issued this week in research published in the journal Nature - comes late, given that the Earth has already heated up by about 1.2C since preindustrial times. The World Meteorological Organization has said global average temperatures are more likely than...
New Zealand offers to buy out owners of homes damaged by Cyclone
Together with local councils, the government will offer to buy as many as 700 residential properties across the North Island that were damaged by Cyclone Gabrielle and heavy flooding earlier this year, Finance Minister Grant Robertson said Thursday in Wellington. It...
Report identifies leaders, laggards in e-vehicle transition
ICCT modeling indicates that nearly 100 per cent of new light-duty vehicles sold in leading markets in 2035 must have zero tailpipe emissions to put the transportation sector on a trajectory aligned with the goal of limiting global warming to below 2 degrees Celsius,...
Delta Air Lines faces proposed U.S. class action over carbon neutral claims
The complaint alleges that Delta is not living up to advertising that presents the Atlanta-based carrier as “the world’s first carbon-neutral airline,” saying it leads consumers to believe Delta hasn’t been responsible for releasing additional carbon into the...
Combined impact of climate change, population growth poses serious threat to India’s water security: Experts
''Rising temperatures accelerate evaporation rates, depleting surface water and groundwater reserves. Altered precipitation patterns lead to unpredictable monsoons, causing floods in some areas and droughts in others. These extreme events reduce water availability,...
Japan’s largest insurer Tokio Marine joins defectors from Gfanz climate group
A spokesperson said Tokio Marine will continue to consider measures to realize a decarbonized society such as the use of renewable energy and emphasized it will keep a close eye on social and environmental causes Tokio Marine Holdings Inc., Japan’s largest insurer by...
India to push back against ‘agenda-driven’ global ranking firms – Modi advisor
Sanjeev Sanyal, a member of Modi's Economic Advisory Council Sanjeev Sanyal,member of PM's Economic Advisory Council, said the ratings also get hard-wired into decision-making through environmental, social and governance (ESG) norms and sovereign ratings. Multilateral...
Climate change will speed up inflation in next decade, says ECB
Climate change poses risks to price stability by having an upward impact on inflation,” said the researchers Maximilian Kotz, Friderike Kuik, Eliza Lis and Christiane Nickel. That would “place global incomes under pressure from rising prices and could impact inflation...