Page 11 - Latest Updates on Climate Change
India needs $700 bn in power sector to meet net-zero target: Moody's
The sector, which currently is highly dependent on coal-fired generation, has to make significant decarbonisation investments for the country to meet its emission cut goals
 "India needs $700 bn in power sector to meet net-zero target: Moody's")
India surpassing key climate goals, can grow faster with clean energy: UN
India is already meeting and exceeding key climate targets and has a real opportunity to grow even faster, using clean energy and industry, UN climate change chief Simon Stiell has said.
 "India surpassing key climate goals, can grow faster with clean energy: UN")
World looks to India as global adaptation leader: UNFCCC's Simon Stiell
Says adaptation will be the focus area for all nations, urges India to accelerate its clean energy efforts, lauded LiFE mission and says India could be an example for the world on climate action
Green cover in India absorbed more carbon than it emitted annually: Study
Scientists also studied how different types of vegetation across India help absorb CO2 each year
 "Green cover in India absorbed more carbon than it emitted annually: Study")
India among most affected countries by climate change from 1993-2022: CRI
The report notes that more than 400 extreme events in India during this period have resulted in significant fatalities and injuries, alongside the economic toll
 "India among most affected countries by climate change from 1993-2022: CRI")
Best of BS Opinion: Creative policymaking needed to resolve knotty issues
Policymaking must find simpler ways of resolving seemingly complex problems: such an approach frees up economic agents for productive activity
 "Best of BS Opinion: Creative policymaking needed to resolve knotty issues")
Warmer days, fewer cold spells: Why Delhi's winter felt hotter this time
Cold waves, a defining characteristic of Delhi's winters, were almost entirely absent this season. December recorded just one cold wave day
 "Warmer days, fewer cold spells: Why Delhi's winter felt hotter this time")
Extreme weather events claim 80K lives, cause $180 bn loss in India
Over the long term, the ranking shows that extreme weather events particularly affect Global South countries
 "Extreme weather events claim 80K lives, cause $180 bn loss in India")
India flags failure to meet financial pledges for climate adaptation
India expresses concern over failure of developed countries to meet financial commitments for Just Transition, climate adaptation
 "India flags failure to meet financial pledges for climate adaptation")
Shriram Finance eyes 20-fold growth over next 3 years in green portfolio
Green finance, which is financing of businesses that support environmentally friendly and sustainable projects, has struggled to pick up in India due to limited awareness, high transaction costs
 "Shriram Finance eyes 20-fold growth over next 3 years in green portfolio")
India likely to miss Feb 10 deadline for NDC submission under Paris pact
These climate plans detail actions that countries intend to undertake every 5 years
 "India likely to miss Feb 10 deadline for NDC submission under Paris pact")
India has received $ 1.16 billion in climate finance so far: Govt
This amount includes $803.9 million from the Green Climate Fund, $346.52 million from the Global Environment Facility (for climate change focal area), and $16.86 million from the Adaptation Fund
 "India has received $ 1.16 billion in climate finance so far: Govt")
Govt announces plans to strengthen climate resilience, energy transition
Presenting the Budget, Finance Minister Nirmala Sitharaman said the government will support domestic industries in making solar panels, EV batteries, wind turbines and electrolysers
 "Govt announces plans to strengthen climate resilience, energy transition")
It's time to adapt: Climate action key to Viksit Bharat and economic growth
Increased global temperatures will exacerbate the frequency and severity of climate change impacts and the consequent losses
 "It's time to adapt: Climate action key to Viksit Bharat and economic growth")
Why do your vegetables cost more? Economic Survey blames climate change
Extreme weather events are disrupting vegetable production, driving inflation as heatwaves, unseasonal rains, and supply chain issues continue to push prices higher
 "Why do your vegetables cost more? Economic Survey blames climate change")
US Senate confirms Lee Zeldin to lead Environmental Protection Agency
Zeldin, a former Republican congressman from New York, is a longtime Trump ally and served on Trump's defense team during his first impeachment
 "US Senate confirms Lee Zeldin to lead Environmental Protection Agency")
China's rising power demand hinders climate goals as coal usage increases
But that hasn't happened so far, in large part because the nation's energy demand is growing unprecedentedly fast, requiring ever more coal to be burned. Electricity use grew 6.8 per cent last year
 "China's rising power demand hinders climate goals as coal usage increases")
India plays critical role in global climate targets: EDF prez Fred Krupp
In an interview with PTI, he outlined India's unique position as an emerging economy balancing rapid economic growth with ambitious climate goals
 "India plays critical role in global climate targets: EDF prez Fred Krupp")
AI, quantum computing, green tech must drive India's growth: CEEW chief
Ghosh said the members of the WEF are now recognising climate risks and the broader environmental risks as one of the key business and economic risks
 "AI, quantum computing, green tech must drive India's growth: CEEW chief")
Nearly 250 mn children missed school in 2024 due to extreme weather: Unicef
The report also outlined how some countries saw hundreds of their schools destroyed by weather, with low-income nations in Asia and sub-Saharan Africa hit especially hard
 "Nearly 250 mn children missed school in 2024 due to extreme weather: Unicef")
