Page 28 - Latest Updates on Climate Change
Weather reports from satellites help India's farming innovation drive
The Indian government, which just relaxed foreign investment rules for the space sector, is leaning heavily into the use of satellite data to solve problems on the ground, with agriculture a key focus
 "Weather reports from satellites help India's farming innovation drive")
Eversource Capital, India's top climate investor, seeks to raise $1 bn
Eversource's 32-member team is already on the look out for projects and companies that seek to combat climate change to invest in from the next fund
 "Eversource Capital, India's top climate investor, seeks to raise $1 bn")
Climate change could lead to spread, worsening of mental conditions: Study
"In order to work properly, the brain has to be maintained within a relatively narrow temperature range," said Sanjay Sisodiya, a professor at the UCL Queen Square Institute of Neurology
 "Climate change could lead to spread, worsening of mental conditions: Study")
India to formally convey to ATCM plans to built Antarctica research station
India has two active research stations Maitri and Bharti - in Antarctica. The first research station, Dakshin Gangotri, set up in 1983, had to be abandoned after it sank in the snow
 "India to formally convey to ATCM plans to built Antarctica research station")
Investors may have a higher focus on deeptech, Gen AI, climate tech in 2024
The report focuses on investment activity across seed and pre-Series A stages, by analysing market information, along with a survey conducted with 22 leading institutional early-stage investors
 "Investors may have a higher focus on deeptech, Gen AI, climate tech in 2024")
Right to a future: What would it mean to have a law on climate change?
The apex court has made an 'observation' on the right to be free from the adverse effects of climate change. Can this pave the way to a cleaner future?
 "Right to a future: What would it mean to have a law on climate change?")
Italy pushes G7 to set date for coal phase-out ahead of energy meeting
An agreement on this would be one step in the direction indicated by the COP28 United Nations climate summit in Dubai last year to transition away from fossil fuels, of which coal is most polluting
 "Italy pushes G7 to set date for coal phase-out ahead of energy meeting")
Climate change could become main driver of biodiversity decline: Study
The findings suggested that conservation and restoration efforts should be prioritised globally as necessary natural climate solutions, the authors said
 "Climate change could become main driver of biodiversity decline: Study")
Tipping point: Climate disasters have cost India over $120 bn since 2000
About 2 per cent of the total deaths in 2022 were due to forces of nature, NCRB data shows. Over 8,000 people lost their lives due to such events that year compared to 6,800 in 2018
 "Tipping point: Climate disasters have cost India over $120 bn since 2000")
Not cloud seeding, climate change to blame for Dubai floods: Scientists
UAE got 254 mm of rainfall over 24 hours last week, more than it typically receives in an entire year
 "Not cloud seeding, climate change to blame for Dubai floods: Scientists")
Asia world's most 'disaster hit' region with rising climate crisis: Report
WMO climate report reveals record high temperatures in Asian countries with flooding and heat waves are major issues in India
 "Asia world's most 'disaster hit' region with rising climate crisis: Report")
More than 70% global workers exposed to climate change risks: ILO
Some countries have improved heat protections for workers, such as Qatar, whose policies came under scrutiny ahead of the 2022 soccer World Cup
 "More than 70% global workers exposed to climate change risks: ILO")
Europe fastest-warming continent, temp rising nearly twice avg global rate
The latest five-year averages show that temperatures in Europe are now running 2.3 degrees Celsius (4.1 Fahrenheit) above pre-industrial levels, compared to 1.3 degrees Celsius higher globally
 "Europe fastest-warming continent, temp rising nearly twice avg global rate")
Climate crisis cooks up costly meals: Why your 'thaali' could be on fire
As the climate blows cold and hot, it puts wheat, milk, coffee, and even Hilsa in peril
 "Climate crisis cooks up costly meals: Why your 'thaali' could be on fire")
World Bank, IMF meetings conclude without concrete plan on climate finance
World Bank president Ajay Banga expressed hope that donor contributions could add up to an additional $ 100 billion to the poorest countries through its lending arm
 "World Bank, IMF meetings conclude without concrete plan on climate finance")
Pak province issues flood alert, warns of heavy loss due to glacial melting
In the mountainous northwest province of Khyber Pakhtunkhwa, which has been hit particularly hard by the deluges, authorities issued a flood alert because of melting of glaciers in several districts
 "Pak province issues flood alert, warns of heavy loss due to glacial melting")
Climate change's 'physical risks' are increasingly catching up with banks
But as temperatures soar around the world, triggering a deadly cocktail of wildfires, storms and drought, banks are now being forced to pay greater attention to what are known as "physical risks"
 "Climate change's 'physical risks' are increasingly catching up with banks")
Global warming of 3 degrees Celsius may result in 10% GDP loss: ETH study
It also found that poorer, tropical countries could see the worst effects -- up to 17 per cent GDP loss
 "Global warming of 3 degrees Celsius may result in 10% GDP loss: ETH study")
Climate change to cause $38 trn yearly damage to global economy by 2049
The paper uses data from more than 1,600 regions worldwide over the past 40 years to assess future impacts of a warmer planet on economic growth
 "Climate change to cause $38 trn yearly damage to global economy by 2049")
Investor climate group eyes assets in private equity, sovereign debt
The Net-Zero Asset Owner Alliance members are being asked to include assets like private debt and equity in their emissions reductions strategy
 "Investor climate group eyes assets in private equity, sovereign debt")