“We need to mobilize all available resources in extinguishing the...
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Climate, Environment, Renewable Energy
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Disaster is directly linked to climate change: Amit Shah
This Bill does not infringe on the federal structure. The primary...
Melting Mountain Glaciers- Catastrophic Flash Floods Risk Rises for Millions
The global population depends on the cryosphere – the 10% of the...
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...
Munich Re won’t extend Nord Stream 1 coverage when it expires this year
Sources told Reuters that Allianz and Munich Re were among the European insurers that had previously renewed coverage for the damaged Russian-controlled Nord Stream 1 gas pipeline Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it...
After Munich Zurich Insurance quits Net-Zero Insurance Alliance
Zurich’s departure will raise further questions about the workability of voluntary industry associations targeting emissions reductions. While GFANZ, as the biggest finance sector initiative with sub-groups covering insurance to banking, has raised the awareness among...
Climate change can lead to global outbreaks in dengue, Chikungunya: WHO
These diseases, that spread from mosquitoes to people, are causing an increasing number of outbreaks worldwide, with climate change, deforestation and urbanisation being some of the major risk factors, that allow mosquitoes to adapt better to new environments and...
West Bengal records maximum coastline erosion in India between 1990 and 2016
Based on the observations highlighted in the 6th assessment report of the IPCC, the head of the energy economic programme of the Asian Institute of Technology and one of the authors of the same report, Joyashree Roy feels that the climatic hazards in the coastal belts...
Munich Re exits Net-Zero Insurance Alliance
“In our view, the opportunities to pursue decarbonisation goals in a collective approach among insurers worldwide without exposing ourselves to material antitrust risks are so limited that it is more effective to pursue our climate ambition to reduce global warming...
Sebi to put in place regulatory framework on ESG disclosure, ratings
Also, the regulator has decided to come up with norms for ESG Rating Providers (ERPs) amid the growing importance of their role in making investment decisions. To promote ESG investing, Sebi will introduce certain measures to address the risk of mis-selling and...