Climate Economics

Order of the National Green Tribunal regarding large scale felling of toddy yielding palm trees in Bihar, 05/06/2025

Order of the National Green Tribunal in the matter of In Re: News Item titled "Are missing palm trees causing more lighting deaths in Bihar appearing in ‘The Times of India’ dated 29.05.2025". The original application was registered suo-motu based on the news item titled "Are missing palm trees causing …

India’s INDC ignites hope for a green future

The eagerly awaited 'Intended Nationally Determined Contribution' (INDC) from one of the world's biggest emitters has signalled that India is open for business with clear call for climate justice. For corporations and investors it provides pathways to channel their hard-earned money towards a cleaner future. CDP, together with other We …

India seeks funds, technology to combat climate change

Prime Minister Narendra Modi, who met President Barack Obama on the sidelines of the U.N. General Assembly here on Monday, sought U.S. support to complete United Nations reforms within a fixed time-frame and cooperation for India’s early membership of the Asia Pacific Economic Community, but climate change dominated their hour-long …

Expect India to play constructive role in climate talks'

Ahead of the Modi-Obama talks in New York next week, the White House has said that it expects India to play a constructive role in the climate talks in Paris later this year. It also reiterated its support for India's bid for a permanent membership of the UN Security Council. …

Economic impacts of carbon dioxide and methane released from thawing permafrost

The Arctic is warming roughly twice as fast as the global average. If greenhouse gas emissions continue to increase at current rates, this warming will lead to the widespread thawing of permafrost and the release of hundreds of billions of tonnes of CO2 and billions of tonnes of CH4 into …

A review of the economics of adaptation and climate-resilient development

This working paper aims to inform the development community about the current state-of-knowledge and emerging thinking on the economics of adaptation and the application to development. The paper is based on a detailed review that has considered five key themes: The methods and framing for the analysis of adaptation; The …

Energy darwinism II: why a low carbon future doesn't have to cost the earth

Up to $44 trillion could be going up in smoke if the world does not act on climate change, according to the latest piece of research from U.S. banking giant Citigroup. The report – Energy Darwinism II: Why a Low Carbon Future Doesn't Have to Cost the Earth -- has …

Countries take an important step towards a meaningful climate deal in Paris

Uncertainties over finance may be taken as a tough nut to crack before signing a global climate deal in Paris, but the major developed and developing countries including India have taken an important step to remove another irritant by "informally" agreeing for five-yearly review of their collective efforts to curb …

Paris climate meet: India says investment flows can't be treated as climate finance

India today said investment flows — which can have green benefits — cannot be treated as climate finance, that should ideally come from public funding or there should be a subvention for industries to adopt climate-friendly technologies. While demanding the need to curb "discrimination" against industries from major developing countries …

G20 meeting on climate finance to help India clear stance

Issues stay unresolved as financing climate change action remains key to Paris Agreement Diplomats from the G20 group of countries will be meeting in Ankara, Turkey, on July 27-28 to discuss climate change finance - a topic that holds key to a successful round of negotiations at Paris in December, …

Seizing the global opportunity: partnerships for better growth and better climate - the 2015 new climate economy report

Better economic growth can help close the greenhouse gas emissions gap, according to a new report released by the New Climate Economy, the flagship project of the Global Commission on the Economy and Climate. Seizing the Global Opportunity: Partnerships for Better Growth and a Better Climate identifies 10 key areas …

Heat stress causes substantial labour productivity loss in Australia

Heat stress at the workplace is an occupational health hazard that reduces labour productivity. Assessment of productivity loss resulting from climate change has so far been based on physiological models of heat exposure. These models suggest productivity may decrease by 11–27% by 2080 in hot regions such as Asia and …

India: Don't use environment as pretext to kick away poor's development ladder

Don't use universality and shared responsibilities for the environment as pretexts to kick away the ladder of development for the poor or to avoid responsibility for the global ecological havoc, India told the developed nations Tuesday in a telling message. "The poor did not cause the problem of climate change, …

Environment Minister reiterates commitment to climate change

Javadekar suggested the quick operationalisation of the Green Climate Fund which could pay the cost of making climate-friendly technologies Union Minister for Environment, Forest and Climate Change, Prakash Javadekar today reiterated India’s commitment to work with the international community to find practical and pragmatic solutions to climate change. Speaking at …

Compact and connected cities cost less and best for reducing carbon footprint

Where would you like to live, in Atlanta or Barcelona? While they have similar levels of wealth and population, Atlanta is about 26 times larger and has many more traffic deaths and higher air pollution. Madhav Pai, director of WRI Ross Centre for Sustainable Cities, summed up the essence of …

Green Climate Fund near-empty despite pledges of more than $10 bn

Rich countries yet to formally commit money though they made public commitments Developed countries have given a paltry 1.03 per cent to the Green Climate Fund (GCF) of the $10.2 billion of pledges they announced publicly amid plenty of hype last year. The lack of real monies against the pledges …

The costs of climate change impacts for India

India has emphasised inclusion of adaptation as a part of Intended Nationally Determined Contributions (INDC). For understanding adaptation requirements, we need to understand and value climate change impacts first. This preliminary assessment tries to estimate the cost of global climate change impacts for India. The study aims at estimating first …

The price vs quantity debate: climate policy and the role of business cycles

What is the optimal instrument design and choice for a regulator attempting to control emissions by private agents in face of uncertainty arising from business cycles? In applying Weitzman's result [Prices vs. quantities, Review of Economic Studies, 41 (1974), 477-491] to the problem of greenhouse gas emissions, the price-quantity literature …

BASIC Direction: Adapt to Climate and Cut Emissions

New global compact to be finalised next Dec must be balanced: quartet The collective of the four advanced developing countries, BASIC – Brazil, South Africa, India and China – has stressed that the global effort to tackle climate change must focus on adapting to climate as well as reducing emissions. …

Rich nations must put money where their mouth is on climate change: Prakash Javadekar

Sending a strong signal to rich nations that India will not dilute its position while negotiating for a climate deal, India has told the UN Climate Summit that it was the West's fossil fuelled model of industrialization that adversely impacted the environment and therefore developed countries should take responsibility to …

The economics of climate change in Latin America and the Caribbean: paradoxes and challenges

A report by the UN ECLAC calculates that, in a 2.5°C temperature rise scenario, the economic costs of climate change will equal approximately 2.5% of the region's annual gross domestic product (GDP). The study notes that the region is faced with “an asymmetrical dual challenge” given its limited contribution to …

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