Page 38 - Latest Updates on Climate Change
Working to dramatically increase international climate financing: Biden
In his address to a select group of world leaders at APEC informal dialogue and working lunch, Biden said every economy seeing signs of what's to come -- droughts and floods-- if action is not taken
 "Working to dramatically increase international climate financing: Biden")
Best of BS Opinion: Changing saving habits, Cash for votes & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Changing saving habits, Cash for votes & more")
A blueprint for climate finance at COP28
India must advocate for reshaping the discourse on climate finance, shifting the focus from annual to cumulative emissions
 "A blueprint for climate finance at COP28")
World needs $172 billion more to face climate impacts than estimates show
There is not one assessment of the investment required for adaptation; in fact, there are two, and they have significantly different dollar figures
 "World needs $172 billion more to face climate impacts than estimates show")
Asian economies must ramp up wind and solar power: Report on global warming
To meet the goal of limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), nine major Asian economies must increase the share of electricity they get from renewable energy
 "Asian economies must ramp up wind and solar power: Report on global warming")
Yearly heat-related deaths to see fivefold rise by mid-century: Lancet
Heatwaves alone could lead to 524.9 million additional people experiencing moderate-to-severe food insecurity by 2041-60, aggravating the global risk of malnutrition, it said
 "Yearly heat-related deaths to see fivefold rise by mid-century: Lancet")
Record-breaking rise in greenhouse gases threatens climate goals: WMO
The report highlighted that new emissions from industrial activities continued to rise
 "Record-breaking rise in greenhouse gases threatens climate goals: WMO")
China and US pledge to step up climate efforts ahead of Biden-Xi summit
The joint announcement came on the eve of a summit between Presidents Joe Biden and Xi Jinping that is aimed at stabilizing the rocky U.S.-China relationship
 "China and US pledge to step up climate efforts ahead of Biden-Xi summit")
Heat-related deaths likely to increase fivefold by mid-century: Lancet
In 2022, individuals were, on average, exposed to 86 days of health-threatening high temperatures, of which 60 per cent were at least twice as likely to occur because of human-caused climate change.
 "Heat-related deaths likely to increase fivefold by mid-century: Lancet")
Climate injustice: There's a US-shaped hole in every feasible solution
With the US unable or unwilling to make any credible commitments, the rest of the world is floundering around trying to compensate for its lack of leadership
 "Climate injustice: There's a US-shaped hole in every feasible solution")
UAE leverages oil power to push secretive oil cos on emission cuts: Report
The effort, termed as the Global Decarbonisation Alliance, aims to make a significant impact at the COP28 negotiations starting on November 30 in Dubai
Earth records its hottest 12-month stretch due to climate change: Research
As per a report from Climate Central, the planet ran nearly 2.5 degrees Fahrenheit above average from November 2022 through October 2023
 "Earth records its hottest 12-month stretch due to climate change: Research")
CEA highlights integral link between climate, development agendas
According to the statement, India's focus on becoming investable, especially in green hydrogen and ammonia, was highlighted
 "CEA highlights integral link between climate, development agendas")
India, UK share climate action goals, says British Indian minister
The relationship, that living bridge that we have with India, is so valuable because we share so many goals, and energy and climate change is no different, she added
 "India, UK share climate action goals, says British Indian minister")
EU's major plan aimed at fighting climate change to go to final votes
The plan has lost some of its progressive edge during negotiations over the summer because of fierce opposition in the EU's legislature, particularly from the Christian Democrat EPP
Decoupling of emissions and GDP not yet achieved: RBI deputy governor Patra
Patra further said that central banks and financial institutions must actively address climate change, as it impacts their mandates of price and financial stability
 "Decoupling of emissions and GDP not yet achieved: RBI deputy governor Patra")
Climate action imposes heavy cost on developing nations, says CEA
He suggested that developing countries need to build the ship even as they are sailing
 "Climate action imposes heavy cost on developing nations, says CEA")
COP28: A mirror to pledges and promises
With climate change-induced disasters multiplying, the Dubai summit cannot afford to be just a talk shop
 "COP28: A mirror to pledges and promises")
Hot October makes 2023 'virtually certain' to be warmest year ever
Both November and December would need to be significantly colder than average in order for 2023 to avoid becoming the hottest year ever
 "Hot October makes 2023 'virtually certain' to be warmest year ever")
COP28 looks set for conflict after negotiations on climate damage fund
The United States and several developing countries expressed disappointment in the draft agreement, which will be sent for global leaders to sign at the COP28 climate conference, which begins in Dubai
 "COP28 looks set for conflict after negotiations on climate damage fund")
