Page 47 - Latest Updates on Climate Change
IFSCA, Climate Policy Initiative sign pact on sustainable finance
Offshore financial transaction regulator IFSCA said it has signed an agreement with Climate Policy Initiative for cooperation to increase mobilisation of global sustainable capital flows into India
 "IFSCA, Climate Policy Initiative sign pact on sustainable finance")
Parliament expected to take up forest bill in Monsoon Session's first week
The committee's chairperson Rajendra Agarwal said its report has been adopted and it will now be tabled in Parliament in the upcoming session
 "Parliament expected to take up forest bill in Monsoon Session's first week")
EU faces cliffhanger vote on conserving nature, fighting climate change
Protesters and legislators converged on EU parliament on Tuesday as the bloc prepared a cliffhanger vote on protecting its threatened nature and shielding it from disruptive environmental change
Rushed green nod, poor planning in focus as rains wash away hill roads
Another major concern, according to experts, is the way these projects are awarded
 "Rushed green nod, poor planning in focus as rains wash away hill roads")
Export, import cost may rise from Jan 2027 from decarbonisation measures
Decarbonisation measures for the global shipping industry to reduce carbon emissions in the coming years may increase the cost of doing exports and imports from January 2027
 "Export, import cost may rise from Jan 2027 from decarbonisation measures")
India's green hydrogen push and challenges, everything you need to know
Although first production is expected only in 2026, India has been negotiating bilateral agreements with the European Union, Japan and other countries to start exporting the fuel
 "India's green hydrogen push and challenges, everything you need to know")
Climate change: It's all about money
Down to earth
 "Climate change: It's all about money")
IMO adopts interim guidance on biofuels' use in shipping to cut emissions
The London-based IMO is a specialised agency of the United Nations which is responsible for measures to improve the safety and security of international shipping and to prevent pollution from ships
 "IMO adopts interim guidance on biofuels' use in shipping to cut emissions")
June this year warmest in past three decades globally, says report
Ocean temperatures also rose to their highest levels since at least 1991, making June the third consecutive month a new record has been created
 "June this year warmest in past three decades globally, says report")
India wants to export green hydrogen abroad in bet on demand surge
Although India currently only boasts green-hydrogen research facilities - rather than production capability - PM Modi has set a goal to produce 5 million tons a year by the end of the decade
Thunberg charged with disobeying law enforcement during protest in Sweden
Local newspaper Sydsvenskan reported Wednesday that Thunberg was detained with other activists after they stopped traffic in the oil terminal of the port in Malm on June 19
 "Thunberg charged with disobeying law enforcement during protest in Sweden")
Monday was the hottest day ever as global temperatures rise, shows data
The average worldwide temperature was 17C (63F), just above the previous record of 16.9C reached in August 2016, according to data from the National Centers for Environmental Prediction
 "Monday was the hottest day ever as global temperatures rise, shows data")
India mulls bilateral deals for green hydrogen-linked carbon credits
Indian companies such as Reliance Industries, Indian Oil and Adani Enterprises have big plans for green hydrogen, a fuel generated using renewable energy
 "India mulls bilateral deals for green hydrogen-linked carbon credits")
UK had the hottest June since 1884, unusual heat to become frequent
The average temperature for June in the UK hit 15.8 degrees Celsius (60.4 Fahrenheit) 0.9 C hotter than the joint previous record of 14.9 C in 1940 and 1976
 "UK had the hottest June since 1884, unusual heat to become frequent")
Price-sensitive Gen-Z prefers shopping recommendations made by friends
While Gen Z shoppers display a great deal of concern for climate change and sustainability, they are seldom willing to pay the additional cost that goes into making such products
 "Price-sensitive Gen-Z prefers shopping recommendations made by friends")
Banking beyond weather reports: Why lenders need a green business strategy
Indian lenders have yet to train their employees to assess credit risks arising from climate change
 "Banking beyond weather reports: Why lenders need a green business strategy")
Protecting biodiversity top priority of Modi govt: Environment Min
"Climate change has busted the myth of human superiority. We are not superior to nature, we are part of it. We must therefore protect it," he said
 "Protecting biodiversity top priority of Modi govt: Environment Min")
Climate change making wildfires worse, scientists call it new abnormal
Already wildfires are consuming three times more of the United States and Canada each year than in the 1980s and studies predict fire and smoke to worsen
 "Climate change making wildfires worse, scientists call it new abnormal")
Boris ally quits UK govt, accuses Sunak of apathy toward climate issues
He said Britain has visibly stepped off the world stage and withdrawn our leadership on climate and nature
 "Boris ally quits UK govt, accuses Sunak of apathy toward climate issues")
Lockdown in 2020 prevented 27 MT of Himalayan snowmelt: Research
This reduction in radiative forcing may have prevented 27 MT in ice and snow melt
 "Lockdown in 2020 prevented 27 MT of Himalayan snowmelt: Research")
