Speaking at the ESG Summit organised by the industry body FICCI...
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Climate, Environment, Renewable Energy
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Closing Crisis Protection Gap: Leaders call for 10 fold higher finance to meet cost of future crises
Less than $1 of every $5,000 of crisis finance goes to low income...
Climate change will lead to higher deaths in Europe, Study shows
Researchers found that if planet-warming carbon emissions continue...
India emerges as leading investment destination
Among the sectors, the billionaires favour energy, possibly due to today’s supply constraints and the accelerating secular transition to renewables ”This year’s report highlights how many of the wealthiest in society see it as their responsibility to lead the way,...
Climate Change: Mangroves shrinking in India due to climate change
The study claims that by 2070, the Indian mangroves will reduce and shift by around 50 per cent, especially in southern India, due to decline in suitable habitats along the east and west coasts of India Lucknow: A research conducted by Birbal Sahni Institute of...
Epic winter storm brings frigid temps, snow and floods to US; over 200 million people affected
While it’s packing plenty of snow and frigid temperatures, the storm is mostly noteworthy for its size and speed. Snow, blizzard, freezes and flood warnings and advisories stretch across central and eastern US, its northern fringe and the Deep South, as well as into...
Fund bosses vent ‘Mass Frustration’ as ESG tumult grips industry
Managers running the funds affected are now talking openly of the “chaos” they say has hit the investment management industry. The chief cause, they say, is a regulatory framework whose confusing rollout just blasted a $125 billion hole through the very top of the ESG...
Satellite launched to map the world’s oceans, lakes, rivers
Nicknamed SWOT — short for Surface Water and Ocean Topography — the satellite is needed more than ever as climate change worsens droughts, flooding and coastal erosion, according to scientists Perhaps most importantly, the satellite will reveal the location and speed...
Global coal consumption set to hit new high this yr despite ambitious goals
Coal usage looks likely to increase by 1.2% in 2022, surpassing 8 billion tons in a single year for the first time, according to an International Energy Agency report published Friday. It also said consumption will likely remain at that level until 2025, as declines...
Climate Chnage: When water displaces natives from “sinking island” of Kerala
Kerala Finance Minister K N Balagopal, who made several interventions in the past to support the suffering islanders, said it was difficult to find solutions for the issues of Munroe Thuruth alone as it was part of the world-wide phenomenon of global warming and...
Green bonds likely to be issued in Jan-March quarter, government tells Parliament
Green Bonds will help the government in tapping the requisite finance from potential investors for deployment in public sector projects aimed at reducing the carbon intensity of the economy New Delhi:The sovereign green bonds are likely to be issued during...
Climate change could cost pension funds billions, EU watchdog says
Only 14% of pension schemes said they were already using environmental stress-testing in their own risk management, a subgroup that performed better than their peers in the test, EIOPA said. Pension funds across the European Union would lose billions of euros from...
Small islands seek UN sea court’s opinion on climate change
Small island states are among the most vulnerable nations to climate change Specifically, the commission — backed by the Caribbean nation of Antigua and Barbuda and the Pacific island country of Tuvalu — wants the UN court to outline what obligations parties to the...