Climate, Environment, Renewable Energy

IFRS Foundation Trustees consult on global approach to sustainability reporting

International News       Sep 30, 2020

  London: Amid heightened focus on environmental, social and governance (ESG) matters, developments in sustainability reporting and increased calls for standardisation of such reporting, the The Trustees of the IFRS Foundation  are now seeking stakeholder input on the need for global sustainability standards and gauging support...

AXA XL in India to plant 30,000 trees and create a Biodiversity Park in Delhi

Indian News       Sep 28, 2020

  Gurgaon: AXA XL in India has partnered with charity, Give Me Trees Trust, to embark on an ambitious three-year project to plant 30,000 trees and create a biodiversity park in Jaunapur, Chhatarpur, New Delhi. The new park in Delhi is expected to release 2,400,000 kgs...

Global leaders at UN meet: If virus does not kill us, climate change will

International News       Sep 28, 2020

  In a year of cataclysm, some world leaders at this week's annual United Nations (UN) meeting are taking the long view, warning: If Covid-19 doesn't kill us, climate change will. With Siberia seeing its warmest temperature on record this year and enormous chunks of ice...

Tree cover in Gujarat shrank between 2006 and 2017: CAG

Indian News       Sep 26, 2020

Gandhinagar:   Forest cover in Gujarat increased between 2006 and 2017 but the tree cover decreased, the Comptroller and Auditor General (CAG) has noted in a report. "Tree cover" comprises tree patches outside recorded forest area, exclusive of forest cover, the report, tabled in the state...

Nitish Kumar, Chief Minister, Bihar

Bihar CM shares state's sustainable development efforts at UN climate roundtable

Indian News       Sep 25, 2020

  Patna: Bihar CM Nitish Kumar shares state's sustainable development efforts at UN climate roundtableBihar Chief Minister Nitish Kumar shared his state's policy initiatives and sustainable development efforts, including climate resilient agriculture and water conservation, aimed at contributing to the goal of limiting global temperature rise...

India plans $4.6 billion in incentives for battery makers in electric vehicle push - document

Indian News       Sep 25, 2020

  NEW DELHI: India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal seen by Reuters. A proposal...

Earth Sciences Minister Harsh Vardhan

Steady rise in heavy rainfall events during 3 last years: Harsh Vardhan

Indian News       Sep 25, 2020

  New Delhi: There has been a steady rise in the number of heavy rainfall events during the last three years, Earth Sciences Minister Harsh Vardhan said on Thursday. He said studies show that the frequency of severe cyclones in the Arabian Sea has increased in...

World's youth rallies against climate change

Facts       Sep 25, 2020

  BRUSSELS: United under Swedish activist Greta Thunberg, young people rallied worldwide on Friday to demand urgent action to halt catastrophic climate change, in their first global protest since the coronavirus crisis began.With wild weather wreaking havoc across the world – from fires ravaging the U.S....

Climate risk need to be baked into company financial accounts:UN climate envoy

International News       Sep 24, 2020

  London: United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to more accurately reflect climate-related risks in their financial accounts.Such risks can range from physical dangers such as water levels rising and destroying factories, to...

Munich Re issues first-ever green bond

International News       Sep 24, 2020

Munich: For the first time in its history, Munich Re has issued a subordinated green bond, with the volume issued amounting to €1.25bn. This bond highlights Munich Re’s commitment to using the capital markets to help achieve a climate-friendly transformation of the economy.  ``By launching...

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