Farmers with less than two acres of land now have to pay...
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Climate, Environment, Renewable Energy
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Insurers’ climate losses almost match premiums from fossil fuels
On average, fossil-fuel premiums account for less than 2% of total...
Investigation finds Rio Tinto legacy Bougainville mine poses life-threatening risks
The findings, released in a report on Friday, included "imminent,...
Asia-Pacific accounts for $ 22bn CAT losses in H122, Insured losses at $ 8bn:Munich Re
Floods, earthquakes and storms caused overall global losses of some US$ 65bn compared with US$ 105bn in the loss-heavy previous year. At around US$ 34bn, insured losses were roughly in line with previous years Globally, some 4,300 people lost their lives in natural...
FAO warns 90 per cent of Earth’s topsoil at risk by 2050
The five key actions that FAO has called for, tasks civilians, governments and international institutions, with taking greater action to monitor and care for soil One achievement of GSP, thus far, has been the partnership with farmers and local governments to enhance...
Germany earmarks up to $14 bln to make buildings more energy-efficient
Over the next few years, some 12-13 billion euros per year will be allocated to subsidise renovations to old buildings and installing more energy-efficient windows, doors and heaters, the ministry said. Around one billion euros will be allocated for new construction....
Global CAT insured losses at $39 billion in H1 2022:Aon
Steve Bowen, managing director and head of Catastrophe Insight for Aon’s Impact Forecasting team, said: “The continued effects of La Niña conditions, amplified by climate change’s influence on global weather patterns, not only increased volatility and intensified many...
Luton Airport runway meltdown shows airports vulnerable to climate change
Airports Council International (ACI), a group representing airports globally, said it will soon publish an airfield maintenance handbook for members with a section dedicated to pavement management “This includes lists of probable cause of pavement distresses, and some...
Climate change adding layer of vulnerability to fragile Himalayas: Experts
“Climate change has added another layer of vulnerability. It is acting as a force multiplier and making landslides, flash floods and cloudbursts more disastrous,” said Himanshu Thakkar, coordinator of South Asia Network on Dams, Rivers and People Climate change and...
NITI Aayog launches initiatives to boost electric mobility
"India is the fifth largest and fastest growing vehicle market in the world, providing massive potential for electric vehicle uptake. The shift to Zero Emission Vehicles (ZEVs) is well underway and accelerating, creating 100,000s of new e-mobility jobs, driving down...
Preparing Indian Banks for Tomorrow
Shaktikanta Das, Governor, Reserve Bank of India The banks will face competition from Fintechs which are already making their presence felt within the financial services space With advancement in digital banking, cybersecurity will remain an important challenge for...
34 pc of coastline under varying degrees of erosion for past 28 years: Govt
"Indian National Centre for Ocean Information Services (INCOIS) has not estimated the percentage of loss specifically due to coastal erosion, however, INCOIS has estimated Coastal Vulnerability Index (CVI) for the Indian coastline, which is a cumulative impact of...
Govt implements $10-bn plan to decarbonise public transport and curb emissions
India could electrify all two-wheelers currently on the roads and complete the electrification of public buses in five to seven years, Acharya said. New Delhi: State-controlled Convergence Energy Services Ltd. is planning a $10-billion (Rs 80,000 crore) tender for...