Taiwan is phasing out coal-fired power stations and shifting to...
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EU to review corporate liability under Europe’s toughest ESG Law
Plans to cut reporting requirements — especially for small and...
World may have already missed its chance to limit global warming to 1.5C:Study
In 2024, global temperatures reached 1.5C for the entire year, the...
Yellen warns climate change could trigger asset value losses, harming US economy
"As climate change intensifies, natural disasters and warming temperatures can lead to declines in asset values that could cascade through the financial system. And a delayed and disorderly transition to a net-zero economy can lead to shocks to the financial system as...
El Nino expected to return, likely to fuel spike in global temperatures
La Nina refers to the large-scale cooling of the ocean surface temperatures in the central and eastern equatorial Pacific Ocean, coupled with changes in the tropical atmospheric circulation The El Nino event may develop after three consecutive years of an unusually...
Chennai, Kolkata, in India, at particular risk due to sea level rise
'In a worst-case scenario, the combined effect of climate change and internal climate variability could result in local sea levels rising by more than 50 per cent of what is due to climate change alone, thus posing significant risks of more severe flooding to coastal...
Global energy-related CO2 emissions edged up to record high in 2022 – IEA
"We still see emissions growing from fossil fuels, hindering efforts to meet the world’s climate targets," IEA Executive Director Fatih Birol said in a release alongside the report. LONDON: Global energy-related emissions of carbon dioxide hit a record high last year,...
India to withdraw licenses for oil tankers, bulk carriers older than 25 yrs
"There is a need to modernise the Indian fleet, which requires extensive review of the requirements of the registration and operation of the ships," the Directorate General Of Shipping said in the order uploaded on its website late on Monday "Age norms will assist in...
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
The high temperatures will impact the wheat production, the rating agency said, adding that the surge in wheat prices contributed to over a tenth of the retail inflation in December and January, which is way above their weight in the basket Earlier in the day, the Met...
India’s sinking holy town faces a grim future
Joshimath’s future is at risk, experts and activists say, due in part to a push backed by the prime minister’s political party to grow religious tourism in Uttarakhand, the holy town’s home state. On top of climate change, extensive new construction to accommodate...
Expected rise in strikes, riots and protests to test business resilience: Allianz
The heightened SRCC risk environment means businesses need to remain vigilant about the different threats such activity can pose. In addition to buildings or assets suffering costly material damage, operations can be severely disrupted, resulting in significant loss...
Plastic use in G20 countries to nearly double by 2050:Study
Existing programs to boost recycling or cut single-use plastic consumption only “scratched the surface” and a more comprehensive global plan is required, according to Back to Blue, a research group run by the Economist Impact think-tank and the Nippon Foundation, a...
Rising heat across parts of India raises alarm on another energy crunch
Temperatures have been as much as 11C above normal in some regions in the past week and prompted the India Meteorological Department to advise farmers to check wheat and other crops for signs of heat stress The unusually early onset of hotter weather — and forecasts...