“The committee recommends that the ministry may include new and...
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Climate, Environment, Renewable Energy
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StanChart raises 1 bn euro via first social bond, commits 50% for India
The 8-year bond will primarily facilitate lending to small and...
RBI Gov urges common pool of climate-focused projects to enhance financing
Sanjay Malhotra, Governor,RBI Speaking at a Reserve Bank Of India...
In major climate step, US govt agency proposes 1st limits on greenhouse gas emissions from power plants
If finalised, the proposed regulation would mark the first time the federal government has restricted carbon dioxide emissions from existing power plants, which generate about 25 per cent of US greenhouse gas pollution, second only to the transportation sector...
Climate Change: Indian farmers seek to escape debt and suicide
In a new report linking rainfall deficits to higher farmer suicide rates in India's drought-prone states, researchers said climate change was making "agriculture an extremely risky, potentially dangerous and loss-making endeavour" By Roli Srivastava and Bhasker...
War, natural disasters left record 71 million people internally displaced in 2022, report says
The number of people displaced inside their country at the end of the year because of disasters like floods and famine reached 8.7 million, up by 45 per cent from 2021 The war in Ukraine helped push the global total of people left internally displaced by conflict or...
Study provides more evidence of climate change being human-caused
Scientists have long recognised differences between tropospheric and lower stratospheric temperature trends as a "fingerprint" of human effects on climate A new research has provided evidence of climate change being human-caused and showed that specific signals from...
Soil is the foundation of our planet’s ecosystems: Report
Russian oil company Rosneft presents a positive example of how corporate actors can contribute to tackling soil pollution. Over 10 years (2013-2022), the company has already remediated over 2,500 hectares of "historical heritage" lands (damaged during the Soviet...
Aon launches dedicated unit to drive climate analytics and advisory into multiple sectors
More than 400 natural catastrophes caused $313 billion of damage worldwide in 2022 As climate change drives new extreme weather records, organizations need to better quantify the impact of climate risk. Aon's Climate Risk Advisory to help clients meet their reporting...
Govt amends power policy draft to halt new coal-fired capacity: Reports
India, whose proposed coal power capacity is the highest after China, had repeatedly refused to set a timeline to phase out coal, citing low per-capita emissions, surging renewable energy capacity and demand for inexpensive fuel sources India and China account for...
El Nino likely to return in July, may impact Indian monsoon
India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra said last week that any effect the El Nino might have on monsoon will only be visible during the second half of the season ''It is not necessary that an El Nino will lead to a bad monsoon. Of...
India’s green financing requirement estimated at 2.5 pc of GDP: RBI Study
''India's diverse topography makes it highly vulnerable to climate risks, manifested in the form of sustained rise in temperature, erratic monsoon patterns, and rising frequency and intensity of extreme weather events Mumbai: The Reserve Bank of India's report on...
El Nino likely to return this year, fuelling global temperatures – WMO
"El Nino will fuel the temperature globally," he said. "We feel the effect of El Nino temperatures globally with a slight delay" The El Nino weather pattern is likely to develop later this year and could contribute to rising global temperatures, the World...