Page 114 - Latest Updates on Climate Change
Shaping India's green future
There are two broad development pathways for India: A net-zero approach and a low-carbon approach. Jayant Sinha prefers the former
Japan insurers struggle to pinpoint climate change cost estimates
Calculating climate costs is no easy task even for Japanese insurers, armed with sophisticated models to predict the course and intensity of typhoons, and the damage they could cause
 "Japan insurers struggle to pinpoint climate change cost estimates")
Explainer: Climate change and financial disclosure - what's at stake?
Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions.
 "Explainer: Climate change and financial disclosure - what's at stake?")
Reliance to invest Rs 75,000 cr in new energy business over 3 years: Ambani
Reliance will build solar manufacturing units, a battery factory for energy storage, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business
 "Reliance to invest Rs 75,000 cr in new energy business over 3 years: Ambani")
Backing grows for new IMF Covid and climate fund for vulnerable countries
IMF chief this month proposed the new trust to allow rich countries to channel some of their new IMF reserves to poor and middle-income counterparts ravaged by Covid or climate change
 "Backing grows for new IMF Covid and climate fund for vulnerable countries")
World Bank vows to keep board apprised of climate action progress
The World Bank on Tuesday agreed to boost its spending on climate change to 35% from 28% and to provide annual progress reports to its board
 "World Bank vows to keep board apprised of climate action progress")
Canada's climate plan charts hard road ahead for high-polluting oil sands
Canada has set ambitious targets for slashing emissions to fight climate change, but faces a stiff challenge
 "Canada's climate plan charts hard road ahead for high-polluting oil sands")
What's the plan? Corporate polluters lag on setting climate goals
Scientists say the world needs to cut greenhouse gas emissions by at least 45% by 2030 to have any hope of meeting Paris Agreement targets for the middle of century and averting catastrophic warming
 "What's the plan? Corporate polluters lag on setting climate goals")
Only half of manufacturers on track to for Paris Agreement goals: Capgemini
This is according to a new report from the Capgemini Research Institute entitled 'Sustainable operations: A comprehensive guide for manufacturers'
 "Only half of manufacturers on track to for Paris Agreement goals: Capgemini")
IMF proposes setting up of an international carbon price floor
The IMF chief noted that a carbon price floor arrangement does not mean carbon taxes per se.
 "IMF proposes setting up of an international carbon price floor")
IMF proposes carbon price floor among emitters to limit global warming
The International Monetary Fund on Friday proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade
 "IMF proposes carbon price floor among emitters to limit global warming")
BOJ plans to launch new scheme on climate change, keeps policy steady
The Bank of Japan said on Friday it will launch a new scheme to encourage financial institutions to boost lending and investment for fighting climate change
 "BOJ plans to launch new scheme on climate change, keeps policy steady")
Govt okays proposal to roll out project to explore deep ocean for resources
The cost of the mission has been estimated at Rs 4,077 crore over a five-year period and will be implemented in phases
 "Govt okays proposal to roll out project to explore deep ocean for resources")
India's contribution to climate change in last 200 years just 3%: Javadekar
Javadekar lauded the government's efforts to combat air pollution by introducing BS-VI emission norms for vehicles in April last year
 "India's contribution to climate change in last 200 years just 3%: Javadekar")
Best of BS Opinion: The real oximeter, why poor are leaning right & more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: The real oximeter, why poor are leaning right & more")
From Covid vaccine sharing to climate, G-7 talks yield agreements
The Group of Seven wealthy democracies have wrapped up their first face-to-face summit in two years at a seaside resort in southwest England.
 "From Covid vaccine sharing to climate, G-7 talks yield agreements")
G7 agrees to boost climate finance, plans to meet $100 bn a year target
But climate groups said the promise made in the summit's final communique lacked detail and the developed nations should be more ambitious in their financial commitments
 "G7 agrees to boost climate finance, plans to meet $100 bn a year target")
The real oximeter
The oxygen that we get from nature is about increasing green cover and ensuring that our air - our every breath - is not polluted.
CEOs and investors push world leaders for stronger climate action
A group of 79 company bosses and investors managing $41 trillion issued separate calls on Thursday for world leaders to accelerate action on climate change
 "CEOs and investors push world leaders for stronger climate action")
Global supply chain squeeze, soaring costs threaten solar energy boom
The situation suggests slower growth for the zero-emissions solar energy industry at a time world governments are trying to ramp up their efforts to fight climate change
 "Global supply chain squeeze, soaring costs threaten solar energy boom")