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 …
JAIPUR: India and Switzerland need to enhance their partnership and strengthen ties on issues of climate change, Swiss Agency for Development and Cooperation's assistant director general Pio Wennubst said offering technical support to projects on green initiative here. "Activities related to climate change are running here and we give technical …
'Rich countries must meet their financial burden for climate change' India would continue to ask for developed countries to meet their obligations to provide finance and technology to developing countries, said, Union Environment Minister Prakash Javadekar. Dismissing the chief economic advisor (CEA) Arvind Subramanian’s views as one of many, he …
Corporate climate action is increasingly considered important in driving the transition towards a low-carbon economy. For this, it is critical to ensure translation of global goals to greenhouse-gas (GHG) emissions reduction targets at company level. At the moment, however, there is a lack of clear methods to derive consistent corporate …
Pakistan is among the lowest emitters of greenhouse gases in the world, but ranks among the highest in terms of vulnerability to climate change. Its high dependency on the Indus River system makes it particularly vulnerable to the increasing rate of glacial melt and erratic monsoon patterns. The 2010 floods …
Switching to a low-carbon energy system immediately could save the planet $1.8trn by 2040, global investment bank Citi has claimed. The bank this week released a report, Energy Darwinism II: Why a Low Carbon Future Doesn’t Have to Cost the Earth, comparing a business-as-usual scenario to one where the planet …
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 …
The European Investment Bank (EIB), one of the largest climate financiers in the world by volume, has carried out a review on its approach to supporting climate action. A related broad public consultation was open from January to March 2015 to inform the review on strategic orientations and future priorities. …
Humanity has used up a full year's supply of ecological resources by the middle of August, according to an international NGO. Known as ‘Earth Overshoot Day’, Thursday marked the point where the earth can longer regenerate the natural resources being used that year, and the point we go into ecological …
This paper reviews the current state of the literature on Indian urbanization to analyze existing urban development trajectories at the state level in order to understand the challenges Indian cities face as well as the opportunities available to them to adopt transformative urban processes that can foster inclusive economic growth …
Several of the world’s poorest and most vulnerable countries are leading the way in developing and implementing low-carbon climate-resilient development (LCRD) strategies. International and domestic climate finance can play an important role in implementing LCRD policies and plans in the least developed countries. This report analyses the new financial delivery …
SHIMLA: Shimla would fancy its chances of becoming a 'carbon negative' city as municipal corporation has qualified for a project —Carbon Greenhouse Gas Emission Inventory', implemented by ICLEI and United Nations (UN) Habitat. A team of International Council for Local Environmental Initiatives (ICLEI) would visit Shimla in the first week …
Global trajectories for reducing carbon emissions depend on the local adoption of alternatives to conventional energy sources, technologies, and urban development. Yet, decisions on which type of capital investments to make, made by local governments as part of the normal budget cycle, typically do not incorporate climate considerations. Furthermore, current …
The G20 leaders summit in Turkey in mid-November will hold the key to the success of the Paris climate talks a fortnight later as the richer ones among these 20 big economies are then expected to clearly spell out the modalities to fulfill their promises on climate finance and technology …
Climate change creates two types of potential risks for financial institutions: physical climate risks leading to physical damage to assets, and carbon risks altering the financial viability of a part of the capital stock and business models. The report looks at how to integrate these two risks into financial risk …
The asset management industry—and thus the wider community of investors of all sizes— is facing the prospect of significant losses from the effects of climate change. Assets can be directly damaged by floods, droughts and severe storms, but portfolios can also be harmed indirectly, through weaker growth and lower asset …
With cooperation and support of Centre, the Andhra Pradesh government is going to establish an 'Energy University' with focus on research orientation and development of energy efficiency, energy conservation, renewable sources. Initially, the 'Energy University' will offer post graduate, PhD and research application courses, an official release said today. The …
SHIMLA: Shimla was among the three cities hailed for Urban-LEDS (Low Emissions Development Strategy) at a world summit on climate change held at Lyon in France on July 2. Shimla municipal corporation, along with 50 others organizations, vowed to take collective initiative towards climate change at a two-day World Summit: …
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 …
This report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains (investment, taxation, innovation and skills, trade, and adaptation) and activities …
In a joint statement, President Barack Obama and his Brazilian counterpart Dilma Rousseff said the Paris outcome should send a strong signal to the international community that governments, businesses and civil society are decisively taking on the climate challenge. The two presidents said they are committed to reaching an ambitious …
