Page 22 - Latest Updates on Climate Change
Azure Power to prepay green bonds worth $310 mn maturing in December
Sustainable energy solutions provider Azure Power on Monday said it has issued a notice to prepay green bonds worth USD 310 million maturing in December 2024.
 "Azure Power to prepay green bonds worth $310 mn maturing in December")
Nabard to tap global agencies to set up carbon fund: Chairman Shaji K V
According to a recent study by the Coalition for Disaster Resilient Infrastructure (CDRI), globally, assets worth nearly $800 billion are getting affected on an annual basis due to climate change
 "Nabard to tap global agencies to set up carbon fund: Chairman Shaji K V")
Majority of India need to calibrate infra to mitigate climate impact: ESRI
IPE Global, along with GIS software company ESRI India, launched a tool to help local authorities take appropriate action in mitigating the impact of natural calamities, especially floods
 "Majority of India need to calibrate infra to mitigate climate impact: ESRI")
ADB to devote half of its annual lending to climate finance by 2030
The new strategy comes nearly a year after ADB approved reforms to unlock $100 billion in new financing capacity over a decade, meeting a mandate from U.S. Treasury Secretary Janet Yellen
 "ADB to devote half of its annual lending to climate finance by 2030")
Research for climate-resilient milch cattle takes a vast step forward
In a bid to keep milk flowing amid severe heatwaves, NDRI develops genetically edited embryo of buffalo
 "Research for climate-resilient milch cattle takes a vast step forward")
India provided more climate finance than many rich nations in 2022: Report
China provided $ 2.52 billion in climate finance through MDBs in 2022, Brazil gave $ 1.135 billion, South Korea $ 1.13 billion and Argentina $ 1.01 billion, while India provided $ 1.287 billion
 "India provided more climate finance than many rich nations in 2022: Report")
Climate change, natural disasters put voting rights at risk: Nepal PM Oli
Oli noted that social media and Artificial Intelligence are revolutionising the way politicians engage with voters and conduct elections
 "Climate change, natural disasters put voting rights at risk: Nepal PM Oli")
FinMin to develop climate finance taxonomy in 6-10 months: DEA secy
Climate finance taxonomy is a set of guidelines that will help investors and institutions direct funds towards investments that will aid in tackling climate change
 "FinMin to develop climate finance taxonomy in 6-10 months: DEA secy")
Toyo-India to do FEED for industrial carbon capture project for EET Fuels
EET Fuels is investing $ 1.2 billion over the next five years to decarbonise its Stanlow oil refinery in the UK
Kerala to develop local early warning systems for disasters: CM Vijayan
"Most of the climate-linked disasters cannot be prevented fully. However, their impacts can be reduced
 "Kerala to develop local early warning systems for disasters: CM Vijayan")
Cabinet approves India's agreement with 14-member IPEF economic bloc
In June in Singapore, 13 IPEF bloc members signed these agreements, while India said it would ink the deals after getting domestic approval
 "Cabinet approves India's agreement with 14-member IPEF economic bloc")
Global South cities have only 70% of cooling capacity as North ones: Study
An international team, including researchers from the University of Exeter, UK, analysed satellite data on 500 of the world's largest cities to assess 'cooling capacity'
 "Global South cities have only 70% of cooling capacity as North ones: Study")
Climate threat tops Pope Francis' Asia-Pacific foreign trip itinerary
Singapore has predicted its coastal waters could rise by more than a metre by the end of the century, piling pressure on its flood defences and threatening its low-lying land
 "Climate threat tops Pope Francis' Asia-Pacific foreign trip itinerary")
Choco companies rely on developing cocoa substitutes other than cocoa beans
Cocoa trees grow about 20 degrees north and south of the equator in regions with warm weather and abundant rain, including West Africa and South America
 "Choco companies rely on developing cocoa substitutes other than cocoa beans")
Developed economy should also be developed ecology: Environment minister
Human-centric approach to development is insufficient, he said, speaking at an event at the Indian Institute of Technology (IIT) Bombay -- Ideas4LiFE - Lifestyle for Environment'
 "Developed economy should also be developed ecology: Environment minister")
Sustainable development key to tackling climate threats: V-P Dhankhar
Addressing scientists, faculty and students of CSIR-Indian Institute of Petroleum (IIP), Dhankhar said collaborative solutions were needed to address the challenges that threatened "our very existence
 "Sustainable development key to tackling climate threats: V-P Dhankhar")
Google-backed fund selects 4 Indian firms for AI-driven climate solutions
The fund, managed by Asian Venture Philanthropy Network (AVPN), aims to foster technology- and AI-driven solutions addressing critical environmental and social challenges
 "Google-backed fund selects 4 Indian firms for AI-driven climate solutions")
India added 1.1 GW of rooftop solar capacity from January to June: Report
The report titled - 'India Rooftop Solar Market' - noted that in the second quarter of 2024, 731 MW of rooftop solar was installed, an 89 per cent jump year-on-year
 "India added 1.1 GW of rooftop solar capacity from January to June: Report")
Court orders S Korea to specify plans to cut carbon emissions through 2049
They argued that South Korea's current goal of cutting carbon emissions by 35 per cent from 2018 levels by 2030 is inadequate to manage the impact of climate change
 "Court orders S Korea to specify plans to cut carbon emissions through 2049")
Climate change effect: Om Parvat's snow vanishes for the first time
The complete disappearance of snow this year is being attributed to scanty rainfall and patchy snowfall in the upper Himalayas over the past five years
 "Climate change effect: Om Parvat's snow vanishes for the first time")