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 …

The business of climate change

International treaties, environment, science and business interests converge on the use and replacement of refrigerant gases. The issue of refrigerant gases is covered by two international agreements Montreal Protocol (MP) and the UN Framework Contention on Climate Change (UNFCCC). The MP is meant to reduce or do away with gases …

Tripura explores possibilities for carbon trading

Indo-German Development Cooperation (IGDC) project of Tripura has begun to assess land based climate finance possibilities in tribal dominated Dhalai district of Tripura besides, identifying existing land use systems the villages. In the aegis of 17th CSE media study on Fragile Ecosystem in Tripura revealed that under carbon finance they …

Broadening horizons: business engagement with climate change in 2007 and today

This report, the final output of SEI’s partnership with the 3C (Combat Climate Change) initiative, examines how business engagement with climate change has changed since 2007, including business attitudes towards climate science and policy and business-initiated mitigation and adaptation efforts. The report seeks to capture how companies’ climate-related views and …

Global climate change justice: toward a risk-adjusted social floor

Addressing climate change from social justice and human rights perspectives is a global challenge, and international negotiations dealing with climate change need to incorporate such concerns. This paper reviews existing literature on sustainable development, social justice, human rights, and climate change justice and argues that all approaches lead to a …

Climate talks slow, rich nations should act: PM

Voicing concern over "painfully slow" progress in climate talks, Prime Minister Manmohan Singh on Wednesday said the goal of stabilising global temperatures was "nowhere in sight" and called for individual countries to take action to increase energy efficiency. While inaugurating the Fourth Clean Energy Ministerial, Singh also made it clear …

Carbon taxes will lead to heavy GDP losses, warns Economic Survey

Market mechanisms, international funding needed Warning that a carbon tax of $10 per tonne of greenhouse gas emissions could cause a GDP loss of more than $600 billion, the Economic Survey says the way forward for domestic environment financing must come from a mix of market mechanisms, fiscal instruments and …

Sterlite energy pays Rs 34 cr to environment protection fund

Sterlite Energy Ltd (SEL), a Vedanta group firm, has so far paid Rs 33.6 crore to the state Environment Management Fund in two tranches. It deposited Rs 19.22 crore in August for the previous year charges and recently submitted a demand draft of Rs 14.39 crore towards the fund for …

Probabilistic cost estimates for climate change mitigation

For more than a decade, the target of keeping global warming below 2 °C has been a key focus of the international climate debate. In response, the scientific community has published a number of scenario studies that estimate the costs of achieving such a target. Producing these estimates remains a …

India could protect its interests fully at Doha, says government

The Doha climate talks could not take “ambitious or meaningful decisions” on financing commitments of developed countries, the government on Tuesday said. However, India could protect its interests “fully” and succeeded in bringing the three issues of “Equity, technology-related IPRs (intellectual property rights) and the unilateral measures firmly back on …

Growth of ethanol fuel stalls in Brazil

“A new moment for mankind.” That was how Brazil’s former president, Luiz Inácio Lula da Silva, described his country’s biofuel boom in March 2007. Back then, Brazil was the poster child of ethanol fuel, its output second only to that of the United States. Fermenting the sugars in the country’s …

Economic impact assessment of climate change in key sectors in Nepal: study implementation plan

This report summarizes the implementation plans for the main phase of the Economic Impact Assessment of Climate Change in Key Sectors in Nepal study, including the approach and methods proposed. The primary objectives for this study are to: provide headline and sectoral estimates of the impacts and economic costs of …

‘Time to define sustainable growth goals’

Making a frank assessment of the recently-concluded Rio+20 summit, a team of environmental experts from Teri maintained that despite not coming up with specific commitments, the meet did help re-focus on the issue of sustainable development. Nitin Desai, former UN deputy secretary general and distinguished fellow Teri, emphasised India’s stellar …

Green economy as platitude

At Rio+20, the developing world reclaimed lost ground, but nobody committed to credible action A major feature of the “The Future We Want” final declaration adopted by the the Rio+20 Summit on June 23 is its sheer size (283 paragraphs, 49 pages) and verbal dexterity. In plotting and leading this …

Rio - Not plus or minus

Final document is being touted as victory for developing world, as it reiterates principle of common but differentiated responsibilities The United Nations Conference on Sustainable Development, or Rio+20, came to an end last week. The conference declaration, entitled “The Future We Want”, is a weak and meaningless document. It aims …

Developed countries shy of commitment to sustainable development: PM

India has slammed the advanced world for paying mere “lip service” to the needs of developing countries, while not doing much in reality to give them finances and transfer technology to help them pursue high growth while protecting the environment. “Lot of lip service has been paid and is being …

How To Save The Earth

Why India protested the green economy agenda proposed by developed countries at Rio+20 Rio de Janeiro: The just concluded Rio+20 summit was dominated by the buzzwords ‘green economy’ and ‘natural capital accounting’, proposed by developed countries led by the European Union, World Bank and the Global Environment Facility. Speaking out …

Rich nations renege on promise to set aside funds for SDGs

Rio de Janeiro The developed countries, hamstrung by a prolonged economic slump, have reneged on their promise to set aside a fixed amount — 0.7% of their gross national product — to enable the rest of the world to achieve its sustainable development goals (SDGs). The outcome document of the …

‘Weak will’ of nations upsets India

India on Thursday expressed disappointment with the “weak” political will of developed countries to provide developing nations with enhanced means to implement objectives of Green Economy, which it said will also be a “green-wash” if the process is not democratised. As around 100 world leaders, including Prime Minister Manmohan Singh, …

Rio: India upset with ‘weak’ political will of rich countries

Rio de Janeiro: India today said it is disappointed with the "weak" political will in developed countries to provide developing nations enhanced means of implementation of objectives of Green Economy, which will also be a "green-wash" if the process is not democratised. As around 100 world leaders including Prime Minister …

India satisfied with common but differentiated approach

Document for sustainable development drafted by negotiators from 194 countries Negotiators of 194 countries have come out with a document for sustainable development, but missed the crucial point of funding and technology transfer by developed countries to help the developing and the poor nations embrace green development. This prompted India …

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