Page 30 - Latest Updates on Climate Change
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")
Asian Americans, Pacific Islanders more likely to believe in climate change
"Asian American and Pacific Islander voters are environmental voters," Ramakrishnan said
 "Asian Americans, Pacific Islanders more likely to believe in climate change")
Supreme Court order on climate change not a recipe to rewrite laws
The Supreme Court of India has always advocated a balance between development and environmental goals, say experts
 "Supreme Court order on climate change not a recipe to rewrite laws")
Country's consumer firms gear up to capitalise on a sizzling summer
Cooling systems providers are one of the main beneficiaries of summer, with the season contributing up to 60% of their annual revenue
 "Country's consumer firms gear up to capitalise on a sizzling summer")
EU court decision shows safe climate is human right: Ex-UN rights chief
Many young climate activists criticize the entire capitalistic system for warming's harms, Robinson sympathizes with them, pointing to social democracies in Ireland and Nordic nations as a better path
 "EU court decision shows safe climate is human right: Ex-UN rights chief")
Extreme heat in East Asia, Pacific putting millions of children at risk: UN
Warnings over more intense and frequent heat waves this summer are especially worrying in the region, as high humidity levels make it more difficult for the body to cool down naturally
 "Extreme heat in East Asia, Pacific putting millions of children at risk: UN")
Best of BS Opinion: There is another way, Cyber risk to stability & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: There is another way, Cyber risk to stability & more")
March marks yet another record in global heat, says EU climate agency
Each of the last 10 months ranked as the world's hottest on record, compared with the corresponding month in previous years, the EU's Copernicus Climate Change Service (C3S) said in a monthly bulletin
 "March marks yet another record in global heat, says EU climate agency")
Climate activists seek major human rights ruling against European states
Depending on the ruling, countries may need to update their plans for reining in climate-warming emissions in the near term
 "Climate activists seek major human rights ruling against European states")
Climate change poses challenges for policy, risks to growth: RBI report
The report said that climate change has increased the frequency and ferocity of weather shocks, posing challenges for monetary policy
 "Climate change poses challenges for policy, risks to growth: RBI report")
Climate change threatens constitutional guarantee of right to equality: SC
Great Indian Bustards (GIBs) are especially found in Rajasthan and Gujarat, and the alarming decrease in their numbers is attributed to frequent collisions with overhead power transmission lines
 "Climate change threatens constitutional guarantee of right to equality: SC")
Sustainability has to be at core of development in 21st century: UNGA prez
He said living sustainably and promoting sustainability has to become the standard in the 21st century to save the planet
 "Sustainability has to be at core of development in 21st century: UNGA prez")
Talking climate with kids
There is a refreshing change from the environmental studies textbooks of yore that assigned children a to-do list of cautionary measures such as closing taps and switching off fans
 "Talking climate with kids")
Australia should prepare for 'megadroughts' lasting 20 years, shows study
The study showed that megadroughts of 20 years or more were a natural feature of the Australian hydroclimate
 "Australia should prepare for 'megadroughts' lasting 20 years, shows study")
Climate change: Drought in southern Africa leaves some 20 mn facing hunger
While human-made climate change has spurred more erratic weather globally, there is something else parching southern Africa this year