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Climate Risks: Booming demand for ACs to aggravate soaring temperatures

Climate Risks: Booming demand for ACs to aggravate soaring temperatures

by AIP Online Bureau | May 17, 2023 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Technology

Demand for air conditioners is surging in markets where both incomes and temperatures are rising, populous places like India, China, Indonesia and the Philippines and expanding AC coverage too quickly also threatens to worsen the crisis it’s responding to. Most units...

India’s April heatwave were 30 times more likely due to climate change: Study

by AIP Online Bureau | May 17, 2023 | Eco/Invest/Demography, Facts, Health, Non-Life

This extreme heat resulted in widespread hospitalisations, infrastructure damage, wildfires, and school closures. The exact number of fatalities is currently unknown New Delhi: Human-caused climate change made April’s record-breaking heatwave in Bangladesh, India,...
ADB President calls for regional cooperation in tackling climate change at IMT-GT Leaders’ Summit

ADB President calls for regional cooperation in tackling climate change at IMT-GT Leaders’ Summit

by AIP Online Bureau | May 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Masatsugu Asakawa,President,Asian Development Bank ADB is intensifying efforts to deliver $100 billion in climate financing across Asia and the Pacific by 2030, while supporting a range of initiatives like the Innovative Finance Facility for Climate in Asia and the...

Study provides more evidence of climate change being human-caused

by AIP Online Bureau | May 9, 2023 | Climate, Environment, Renewable Energy, Facts, Risk Management, Workplace/Employee Benefits

Scientists have long recognised differences between tropospheric and lower stratospheric temperature trends as a “fingerprint” of human effects on climate A new research has provided evidence of climate change being human-caused and showed that specific...
Govt amends power policy draft to halt new coal-fired capacity: Reports

Govt amends power policy draft to halt new coal-fired capacity: Reports

by AIP Online Bureau | May 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

India, whose proposed coal power capacity is the highest after China, had repeatedly refused to set a timeline to phase out coal, citing low per-capita emissions, surging renewable energy capacity and demand for inexpensive fuel sources India and China account for...
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