Page 40 - Latest Updates on Climate Change
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")
Pacific Islands want a climate solution, but the US is not listening
That Vanuatu thought to take its dilemma to the highest court in the world demonstrates the severity of the issue
 "Pacific Islands want a climate solution, but the US is not listening")
Need to shift away from foods that add to climate change: President Murmu
"The time has come when we have to choose our menu in a way that avoids any harm to nature," she added
 "Need to shift away from foods that add to climate change: President Murmu")
West Asian countries to launch new climate initiatives at COP28 meeting
Although the contribution of Arab countries to carbon emissions is limited, the Arab region is one of the most affected by climate change, according to the Abu Dhabi-based Arab Monetary Fund
 "West Asian countries to launch new climate initiatives at COP28 meeting")
Deaths due to zoonotic infections expected to increase 12 times in 2050
Climate and land use changes are predicted to drive the frequency of spillover events, facilitated by population density and connectivity, the researchers explained
 "Deaths due to zoonotic infections expected to increase 12 times in 2050")
COP28 Prez calls on MDBs to work faster to address climate finance
Dr. Al Jaber told the MDBs they have already made "good progress" on reform, including an endorsement by shareholders of a new vision for the World Bank
Developed nations must advance emissions target to 2040, says Kant
Addressing 'The Energy Transition Dialogues' organised by ORF, Kant said 80 per cent of growth in the world economy will come from emerging economies
 "Developed nations must advance emissions target to 2040, says Kant")
Low-income nations risk 30% seafood nutrient loss to climate change: Study
Omega-3 is expected to see an approximately five to 25 per cent decrease, they said, adding that these declines were largely driven by decreases in the amounts of pelagic fish available for catch
 "Low-income nations risk 30% seafood nutrient loss to climate change: Study")
Southern California wildfire prompts evacuation order for thousands
The so-called Highland Fire erupted at about 12:45 p.m. in dry, brushy hills near the unincorporated Riverside County hamlet of Aguanga
 "Southern California wildfire prompts evacuation order for thousands")
Bad air to unseasonal rain: It is time to look up and heed the warnings
The time has come to look around and induce climate action in decision-making
 "Bad air to unseasonal rain: It is time to look up and heed the warnings")
Green deposits offering higher interest than regular FDs, should you pick
Green deposits are essentially deposits raised for the purpose of utilising the proceeds towards financing of green projects/activities
 "Green deposits offering higher interest than regular FDs, should you pick")
Climate change likely impacted human populations 5,500 years ago: Study
Human populations in Europe fluctuated with changing climates between 5,500 and 3,500 years ago, according to a study.
 "Climate change likely impacted human populations 5,500 years ago: Study")
Over half of Earth's vital signs at record extremes, shows research
The authors say policies are needed that take aim at the underlying issue of "ecological overshoot"
 "Over half of Earth's vital signs at record extremes, shows research")
CBAM should consider where country is going, not just where it is: Stern
For emerging markets and developing economies outside China, the total flow of climate-related investment should be $2.4 trillion, said Stern
 "CBAM should consider where country is going, not just where it is: Stern")
Nestle, Volvo among 130 firms urging COP28 agreement to ditch fossil fuels
"To decarbonise the global energy system, we need to ramp up clean energy as fast as we phase out the use and production of fossil fuels," they wrote
 "Nestle, Volvo among 130 firms urging COP28 agreement to ditch fossil fuels")
Statsguru: Sikkim floods turn the attention back on extreme weather events
About 100 instances of floods were reported during 2000-09 in India and 74 during 2010-19, according to EM-DAT, a database on international disasters
 "Statsguru: Sikkim floods turn the attention back on extreme weather events")