SIRC 26
Indian
India says to exceed emission cut targets, further reduction hinges on climate fund
“From 2005 levels, India’s carbon emissions fell 24% by 2016 – in the space of 11 years. Between 2016 and 2030 – in a span of 14 years – we’ve to reduce emissions by just 9-11%, but it will be definitely much more than that,” he said. In all probability, by 2025, non-fossil fuel sources would account for 40% of India’s power generation, Rameshwar Prasad Gupta, of Ministry of Environment, Forests and Climate Change said.
Hope to start supply of ZyCoV-D vaccine by mid to end Sept: Zydus Group MD
Facebook teams up with Indian firm to help provide loans to small businesses
India to add 100 more earthquake observatories by 2026: Jitendra Singh
International
Financial Services CEOs in Davos complain they can’t save planet without clients’ help
Financial companies are under pressure to retreat from funding industries including coal-fired power, and the European Union is working on a so-called taxonomy governing sustainable investments. Lawrence Fink, who runs BlackRock Inc., last week pledged to incorporate environmental concerns into the asset manager’s investment process for both active and passive products.
Wealth of India’s richest 1% more than 4 times that of 70% poorest: Oxfam
Coronavirus: New disease spreading in Asia revives SARS fears
China posts weakest growth in 29 years as trade war with US bites
Even with additional stimulus and the trade war truce, economists polled by Reuters expect growth will cool further this year to 5.9%. Policy sources have told Reuters that Beijing plans to set a lower economic growth target of around 6% this year from last year’s 6-6.5%, relying on increased infrastructure spending to ward off a sharper slowdown.
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