Jakob Stausholm,Chief Executive Officer, Rio Tinto Group His...
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Climate, Environment, Renewable Energy
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Taiwan to deploy investment from insurance funds to help finance island’s green energy
Taiwan is phasing out coal-fired power stations and shifting to...
EU to review corporate liability under Europe’s toughest ESG Law
Plans to cut reporting requirements — especially for small and...
EU lawmakers back human rights, environmental checks for big companies
EU lawmakers backed a legal requirement for directors of companies with over 1,000 staff to be responsible for implementing a plan for cutting carbon emissions. Member states will have to set out penalties for breaches European Union lawmakers on Tuesday backed rules...
Heat waves, cyclones are impacting stock markets across Asia
Extreme weather has always been part of the cost of doing business, but the frequency of such events is increasing. And while volatility linked to them isn’t limited to Asia, it’s certainly the region where the impact on stock markets has been outsized so far this...
Indian crops’ adaptation to climate change assessed using 60 yrs’ data
The researchers from University of Illinois, US, found that farmers were able to adapt to changes in temperature for rice and maize but not wheat. However, increased precipitation enhanced rice yield, but adversely affected wheat and maize yields Using data over 60...
Joshimath still to see enough long-term measures to address land subsidence, say experts
An environment expert, requesting anonymity, said satellite data analysis and geophysical subsurface investigation suggested that the crisis in Joshimath was caused by underground hydrological imbalance Demands of the Joshimath Bachao Sangharsh Samiti include...
Finmin explores options to allow firms to deploy blended finance instruments for green projects
The use of blended finance promotes investments in new and emerging sectors and it attracts commercial capital towards projects that contribute to sustainable development, while providing financial returns to investors, the sources said, adding, it holds the potential...
Scorching temperatures hit Asia’s power grids, raise region’s health risks
While this time of year is typically the hottest for India and parts of Southeast Asia, the soaring temperatures continue a pattern of severe weather over the past several years that’s testing the ability of governments to protect public health and prevent disruptions...
India’s heatwaves putting economy, development goals at risk – study
Extreme heat has caused more than 24,000 deaths since 1992 and has also driven up air pollution and accelerated glacial melt in northern India, said a team of scholars led by the University of Cambridge's Ramit Debnath Killer heat waves are putting "unprecedented...
Hannover Re latest company to leave Net-Zero Insurance Alliance
While Zurich had said it was leaving to focus on helping customers in the transition to a low-carbon economy, Munich Re said it was leaving because of anti-trust concerns The charge that companies in such climate alliances could be guilty of breaking anti-trust laws...
ESG-led funding touches USD 7.9 bn in 2022: Report
ESG investment is largely concentrated in clean energy (solar and wind power) and electric mobility -- which contributed to around 90 per cent of the USD 19.2 billion invested in ESG across 2018-22. Clean energy, especially solar, saw strong deal activity in 2022 with...
Maha: Lightning bolts, drowning claim 14 lives in 48 hours
In the worst single tragedy, seven persons were killed in Akola's Parasgaon village late on Sunday where a lightning bolt felled a 150-year-old neem tree on a tin shed at the Babuji Maharaj Sansthan ashram Many districts have suffered massive agriculture damage due to...