Category:

Eco/Invest/Demography

The trillion dollar climate finance challenge (and opportunity)

Many countries lack the financial resources to make the transition to clean energy and a sustainable way of life that could reverse climate change.

The UN says that says that climate finance is the answer because not investing will cost even more in the long-term, but also because there are significant opportunities for investors.

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India records 50,040 new COVID-19 cases, Centre presents vaccination roadmap to SC

The active cases constitute about 1.94 per cent of the total cases. Around 32.17 crore vaccine doses have been administered so far under the country’s vaccination drive. 64.25 lakh doses were administered in the last 24 hours.
The government said besides these, over 7.84 crore doses have been administered to persons between 18 to 44 years of age.

“Total 44.2 per cent of the priority population of persons above 45 years of age and 13 per cent of the population group of 18-44 years of age have received the first vaccine dose,” the Centre said in its affidavit filed in the top court in the suo motu matter on COVID-19 management.

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Phase 1 of Ola e-scooter factory nearing completion, rollout soon: CEO

The launch of the electric scooter is in line with Ola’s global vision of moving mobility into a more sustainable, accessible and connected future.
“The EV revolution is coming! From Karnataka in 2017 to Gujarat just this week, 21 states and UTs are now incentivising EVs to make them affordable. We’re committed to accelerating this with #OlaFuturefactory and our scooter that’s coming soon,” he had tweeted.

While the company is yet to disclose the pricing and specifications of its e-scooter, Ola has stated that it is working on setting up a ‘Hypercharger Network’ to include one lakh charging points across 400 cities.

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After Air India, Cairn to target more Indian state-owned firms for recovery

A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the USD 1.2 billion plus interest and penalties that are due from the Indian government.

Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are ‘alter egos’ and the airline should be held liable for the arbitration award.

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Delta variant forces new lockdowns across world as Europe eases curbs

Bangladesh announced that it would impose a new national lockdown from Monday over the variant, with offices shut for a week and only medical-related transport allowed. Sydney’s normally bustling harbourside centre was nearly deserted after people were ordered to stay home except for essential trips.

New Zealand, citing “multiple outbreaks” in Australia, announced a three-day suspension of its quarantine-free travel arrangement with its larger neighbour.

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Covid-19 survivors may take a year to get back taste, smell: Study

Since the pandemic was declared in early 2020, Covid-19-related anosmia, complete loss of smell, quickly emerged as a telltale sign of infection.

The loss of smell can severely impact a person’s quality of life, making it extremely difficult to taste foods, detect airborne hazards in the environment and carry out other functions dependent on the senses.

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