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HSBC says clients must have plan to exit coal by end-2023

by AIP Online Bureau | Dec 14, 2021 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Under its plan, HSBC will cut exposure to thermal coal financing by at least 25% by 2025 and 50% by 2030, although non-EU or non-OECD-based clients could be funded until a global phase-out by 2040, its sustainability chief told Reuters HSBC said its new policy would...

South Africa officials Sued Over Plans to Construct New Coal-Fired Power Plants

by AIP Online Bureau | Nov 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

South Africa relies on coal for more than 80% of its power and is the world’s 12th-biggest source of greenhouse gases. South Africa’s energy regulator and energy minister have been sued by environmental activists over national plans to allow the construction of new...
climate talks lends India time to transition

climate talks lends India time to transition

by AIP Online Bureau | Nov 18, 2021 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography

The Global Climate Risk Index 2021, a ranking from research group Germanwatch, put India among the top 10 countries most affected by climate change. The South Asian nation is experiencing rising heat and sea levels, as well as erratic rainfall and stronger cyclones....

India temporarily shuts five coal-fired power plants around New Delhi

by AIP Online Bureau | Nov 17, 2021 | Health, Indian News, Policy, Workplace/Employee Benefits

Delhi, among the world’s most polluted capital cities, battles chronic winter smog every year as a drop in temperatures trap deadly pollutants from coal-fired plants outside the city, fumes from vehicles, and open burning of garbage. New Delhi: India has...

Combustion of coal has led to increase in premature mortality rate in India: Lancent Report

by AIP Online Bureau | Nov 16, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Risk Management, Workplace/Employee Benefits

Data from the 2021 global Lancet Countdown report shows that there has been a nine-per cent increase in the number of deaths related to coal-derived PM2.5 in India in 2019 compared to 2015. New Delhi:The combustion of coal, mainly in power plants followed by...
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