Page 14 - Latest Updates on Climate Change
India slams developed countries for climate crisis at ICJ hearing
India home of about 17.8% of global population, its contribution to climate change less than 4%, said JS, MEA Luther M Rangrezi to ICJ
 "India slams developed countries for climate crisis at ICJ hearing")
Climate change affects financial system, need regulatory checks: RBI Dy Guv
Rao said the RBI has been proactive to mitigate the climate change risks that may impact the financial system
 "Climate change affects financial system, need regulatory checks: RBI Dy Guv")
Biden govt not to finalise guidelines on new clean fuel tax credit
Ethanol producers in particular are hoping sustainable aviation fuels will provide market growth
 "Biden govt not to finalise guidelines on new clean fuel tax credit")
Climate solution: Sails make comeback in shipping, to dent carbon footprint
Mariners pushing for wind power say investors used to view them as something of a joke, but as they pioneer a comeback for sail-powered cargo ships, they're having the last laugh
 "Climate solution: Sails make comeback in shipping, to dent carbon footprint")
UN calls for $2.6 trillion investment to reverse land degradation by 2030
To hit $2.6 trillion - approaching the annual economic output of France - the world needs to close an annual gap of $278 billion, after just $66 billion was invested in 2022, the UN said
 "UN calls for $2.6 trillion investment to reverse land degradation by 2030")
Sensible trade policy key to tackling climate change on a global scale
A key agreement at Baku was on establishing high integrity carbon markets, following a breakthrough on establishing standards for a centralised international carbon market
 "Sensible trade policy key to tackling climate change on a global scale")
Climate change case to open at UN court as island nations fear rising seas
In the decade up to 2023, sea levels have risen by a global average of around 4.3 centimeters (1.7 inches), with parts of the Pacific rising higher still
 "Climate change case to open at UN court as island nations fear rising seas")
Took inputs from TN govt over Nayakkarpatti tungsten block sale: Centre
The statement has come in the wake of Tamil Nadu Chief Minister M K Stalin urging Prime Minister Narendra Modi to cancel the award of tungsten mining rights in Madurai district
 "Took inputs from TN govt over Nayakkarpatti tungsten block sale: Centre")
India must prepare to deal cyber warfare, climate change: Prez Murmu
India, she said, was rising and the world was acknowledging the country's role in various sectors, including defence. The country was moving towards indigenisation and self-reliance to keep the armed
 "India must prepare to deal cyber warfare, climate change: Prez Murmu")
COP29 finance, carbon deals could unlock billions in global investment
Two weeks of acrimonious negotiations in Azerbaijan's capital Baku resulted in a deal for $300 billion in annual climate finance by 2035
 "COP29 finance, carbon deals could unlock billions in global investment")
Wakeup call on biodiversity: Degradation poses ecological, economic risks
India's revised NBS-AP has done well to set 23 well-advised targets conforming to various global biodiversity-related conventions
 "Wakeup call on biodiversity: Degradation poses ecological, economic risks")
COP29 summit: India leads Global South to reject 'unfair' finance deal
COP 29 president pushed decisions despite objections, citing procedural norms
 "COP29 summit: India leads Global South to reject 'unfair' finance deal")
Too little, too distant: India rejects $300 bn climate finance at COP29
Estimates tell us that we need at least $1.3 trillion per year by 2030, India's Chandni Raina, Adviser, Department of Economic Affairs said
 "Too little, too distant: India rejects $300 bn climate finance at COP29")
Rich nations offer $300 billion annually after 10 years to Global South
The $300 billion figure, however, is a far cry from the $1.3 trillion the Global South has been demanding in the three years of talks
 "Rich nations offer $300 billion annually after 10 years to Global South")
COP29 gets Article 6 of Paris Agreement operational, opens carbon markets
Article 6 provides trusted and transparent carbon markets for countries as they collaborate to reach their climate goals
 "COP29 gets Article 6 of Paris Agreement operational, opens carbon markets")
COP29: Countries agree on deal to kickstart global carbon credit trading
The agreement, clinched roughly a decade after international talks on forming the market began, hinged on how to ensure credibility in the system so it can reliably lead to reductions in greenhouse
COP29: Civil society protests climate finance proposal, demands 'no deal'
At the UN climate conference in Baku, countries are required to reach an agreement on a new climate finance package to help developing countries cut greenhouse gas emissions and adapt to the warming
'The Nature of Nature' book review: False solutions for climate change
This book is a must-read for people who beat themselves up for failing to avert every environmental disaster that makes it to the news cycle
 "'The Nature of Nature' book review: False solutions for climate change")
Business & climate are no longer an either-or choice, says Philippe Varin
'Over the next 30 years, we're expected to extract as many resources from the planet as we have since the beginning of human civilisation'
 "Business & climate are no longer an either-or choice, says Philippe Varin")
'India shaping global climate action while upholding own development plan'
"Our initiatives to promote carbon and green credits align with global climate goals, while safeguarding India's developmental objectives,'' Environment Minister said
 "'India shaping global climate action while upholding own development plan'")
