The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The global agreement reached at the climate summit in Paris could prompt the amount of bonds this year issued to finance low-carbon projects to exceed $50 billion, Moody's Investor Service said on Tuesday. This would follow a record $42.4 billion issuance in 2015. The proceeds from so-called green bonds help …
The climate report said that no INDC from a G20 country is found to have ‘no credible basis’ across all the determinants explored in the analysis. G20 member countries, including India, should strengthen the credibility of their climate action plans to reduce greenhouse gas emissions in order to build “confidence” …
Indian Industry, which will play an important role in meeting the goals set by India's INDCs, will need to meet obligations even as they capitalise on new business opportunities. Mr Ashok Lavasa, Secretary, Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, said, it is equally a question …
To help India meet its climate targets agreed upon in Paris, the Indian industry will need to meet their obligations to move towards a low-carbon economy even as they capitalise on new business opportunities, the government said on Wednesday. "There are huge opportunities in renewables across generation, evacuation, storage as …
Hot on the heels of a historic climate deal in Paris the Carbon Tracker Initiative and the Climate Disclosure Standards Board, two non-profits who seek to promote transparency in relation to climate risk, will in Davos launch proposals for risk reporting by fossil fuel companies. The Paris accord confirmed the …
Countries should set targets to increase public investment in low-carbon research and development (R&D;) slowly and steadily beyond 2020, according to a report published by the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science. The report states that while it is …
KOLKATA: The UK government will help Kolkata Municipal Corporation (KMC) reduce carbon emission in the city and make it climate-resilient. A roadmap to achieve this was launched by UK's Employment Minister Priti Patel and KMC mayor Sovan Chatterjee in the state capital last week. The city will soon have a …
Bringing together a large set of data and building on two years of consultations in Vietnam with Government counterparts, research organizations, state-owned enterprises, the private sector, and the country’s international development partners, Exploring a Low-Carbon Development Path for Vietnam shows that achieving low-carbon development in Vietnam is both beneficial and …
Cities, states, regions, companies and investors are taking actions to address climate change. The scope of these actions is broad, covering hundreds of jurisdictions and encompassing a significant fraction of the global economy. Citizens, too, are mobilizing through signed petitions and climate marches. This ongoing action extends beyond what is …
PARIS: Seeking to take the innovation route to solve the crisis of climate change, a coalition of countries including India came together with private investors to pledge an increase in investment in R&D; in low-carbon technologies at the sidelines of the Paris climate summit on Tuesday. The effort is being …
Unlocking ambition: Top corporate and sub-national climate commitments from CDP and The Climate Group identifies 200 companies, states, regions, and cities that have committed to full de-carbonization. The briefing is the third in a series of reports tracking the ambitious climate commitments made by “non-state” actors (i.e. non-national governments), in …
The first annual publication by the Cities Climate Finance Leadership Alliance which identifies the gap between the current levels of investment in low-emission, climate resilient urban infrastructure and the volumes required to ensure a the world is on track to keep global temperature rise below 2 degrees. The report also …
The momentum towards a low-carbon economy is unstoppable. This is the year in which the world not only decided that growth must be sustainable, equitable and low carbon, but also took crucial strides towards the inclusive, green economy. This issue of Our Planet highlights the measures various governments and other …
How is China shifting to a low-carbon economy? What is driving the transition, and how will it affect global climate negotiations? This report, by chinadialogue, the Low Carbon Innovation in China project and the Energy and Climate Intelligence Unit, illustrates the dynamism of China’s low-carbon development and asks if China’s …
World leaders meet today in Paris, not to discuss terrorism, but to discuss another of our generation's biggest threat, climate change. It is clear that already, when temperatures have risen by less than 1°C, over pre-industrial era, the world is seeing weird and devastating weather events. In India, farmers are …
The US is looking for an "ambitious" and "fair" agreement at the Paris climate conference which accelerates the transition to clean energy and is applicable to all countries, America's top official on climate change has said. "We are looking for an agreement that is ambitious, effective, fair, and durable; that …
This report presents the Committee’s advice on the fifth carbon budget, covering the period 2028-32, as required under Section 34 of the Climate Change Act 2008. The Committee recommends that the fifth carbon budget is set at 1,765 MtCO2e, including emissions from international shipping, over the period 2028-2032. That would …
As climate change and variability significantly impact Sub-Saharan Africa’s development agenda, a new World Bank plan outlines actions required to increase climate resilience and low-carbon development in an effort to maintain current and protect future growth and poverty reduction goals. Noting that climate drives most of the shocks that keep …
Asia must be at the center of the global fight against climate change. It is the world’s most populous region, with high economic growth, a rising share of global greenhouse gas emissions, and the most vulnerability to climate risks. Its current resource- and emission-intensive growth pattern is not sustainable. This …
As many as 31 Indian companies have made it to a global list for disclosing climate change related information to their investors, including four corporates - ITC, Tata Steel, Tech Mahindra and Wipro - which have attained a perfect score of 100. According to the annual Climate Change Report by …
