Page 39 - Latest Updates on Climate Change
Ozone hole largest on record over past 3 years, new research finds
The ozone hole above Antarctica has been remarkably massive and long-lived over the past four years and chlorofluorocarbons (CFCs) are not the only things to blame, said researchers
 "Ozone hole largest on record over past 3 years, new research finds")
More capitalism than climate
Akshat Rathi's Climate Capitalism delves into the intricate dance between capitalism, greed and our climate-related problems today, exploring what it will take to build an ecosystem for change
 "More capitalism than climate")
World racing to well past warming limit as carbon emissions rise: UN report
Carbon emissions from the burning of coal, oil and gas rose 1.2% last year, the report said
 "World racing to well past warming limit as carbon emissions rise: UN report")
Rich nations 'likely' met $100 billion climate finance goal in 2022
While that figure pales in comparison to the trillions of dollars that are needed to help developing nations decarbonize their economies and adapt to a warming world, it is still a symbolic milestone
 "Rich nations 'likely' met $100 billion climate finance goal in 2022")
India among few big economies on track to meet climate pledges: Yadav
Yadav reminded the developed countries of their commitment to mobilising USD 100 billion annually by 2020 for climate finance and doubling their contribution to adaptation finance from the 2019 level
 "India among few big economies on track to meet climate pledges: Yadav")
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