Page 5 - Latest Updates on Climate Change
World isn't transitioning away from fossil fuel; decades of robust use left
The IEA will publish its "Current Policy Scenario" this year, showing oil and gas demand won't peak this decade, overturning past assumptions, sources familiar with the draft report said
 "World isn't transitioning away from fossil fuel; decades of robust use left")
Climate finance crucial, India needs $10 trn for net zero: Bhupender Yadav
Yadav said such high-integrity carbon markets, based on transparency and clear accounting, can channel billions into climate action that would otherwise not be financed
 "Climate finance crucial, India needs $10 trn for net zero: Bhupender Yadav")
India needs $10 trillion by 2070 to reach net zero: Bhupender Yadav
Environment Minister Bhupender Yadav said India requires $10 trillion in investments by 2070 to achieve Net Zero and stressed the need for blended finance and global support
 "India needs $10 trillion by 2070 to reach net zero: Bhupender Yadav")
Climate finance 'make-or-break issue', India needs $10 tn by 2070: Yadav
Yadav said India will require more than $10 trillion by 2070 to meet its net-zero target and called for global financial systems to unlock private capital
 "Climate finance 'make-or-break issue', India needs $10 tn by 2070: Yadav")
It's raining crises: Cities need urgent plans for climate change impacts
At first glance, the easy culprit to pinpoint is growing indiscriminate urbanisation
 "It's raining crises: Cities need urgent plans for climate change impacts")
US appeals court allows Donald Trump's EPA to nix climate grants
Trump's predecessor Joe Biden's signature 2022 Inflation Reduction Act had awarded the grants aimed at reducing greenhouse gas emissions
 "US appeals court allows Donald Trump's EPA to nix climate grants")
World running out of time to act on climate change, warns COP30 president
COP30, scheduled to take place in Belem, Brazil, in November 2025, will mark the first time the UN climate summit is hosted in the Amazon region
 "World running out of time to act on climate change, warns COP30 president")
The Story of CO2: The story of human civilisation is a story of energy
Peter Brannen's sweeping book argues CO₂ is the hidden force behind evolution, civilisation, fossil fuels, and today's climate crisis - the story of everything
 "The Story of CO2: The story of human civilisation is a story of energy")
Europe battles record wildfires in 2025 as climate change fuels devastation
More than one million hectares have been destroyed by wildfires in the European Union so far this year, a surface area larger than the entirety of Corsica
 "Europe battles record wildfires in 2025 as climate change fuels devastation")
Net-Zero Banking Alliance halts activities as global banks exit membership
The reality is NZBA "never truly challenged the fossil fuel-oriented business models of major banks," said Lucie Pinson, the founder of climate nonprofit Reclaim Finance
 "Net-Zero Banking Alliance halts activities as global banks exit membership")
Climate change drives rise of 'coolcations' as tourists flee heatwaves
Heatwaves forced closures of sites like the Acropolis and Eiffel Tower, with Europe facing a growing tourism divide as climate change impacts north and south differently
 "Climate change drives rise of 'coolcations' as tourists flee heatwaves")
'Mango: A Global History' explores the global appeal of 'bathroom fruit'
Often called a 'full-body experience' to eat, this book on the mango's history can be enjoyed just as much by those raised on fresh fruit as by those who first tasted it in preserved form
 "'Mango: A Global History' explores the global appeal of 'bathroom fruit'")
Powering farms: Scaling up PM-KUSUM is smart climate and energy strategy
With about ₹34,000 crore earmarked, the scheme envisages the setting up of 1.4 million standalone solar agricultural pumps and the solarisation of 3.5 million grid-connected agriculture pumps
 "Powering farms: Scaling up PM-KUSUM is smart climate and energy strategy")
Global climate failure: COP30 must push developed nations on mitigation
At COP 30 this November, the primary goal must be to increase pressure on developed countries to move faster and more credibly on climate mitigation
 "Global climate failure: COP30 must push developed nations on mitigation")
Foreign firms linked to up to 30% of China's carbon emissions, says study
Foreign companies drove a quarter of China's corporate emissions over two decades, with poorer inland provinces shouldering most of the environmental costs
 "Foreign firms linked to up to 30% of China's carbon emissions, says study")
Extreme heat has cut tropical bird populations by 38% in 70 years: Study
Birds in tropical regions are now experiencing dangerously hot days about ten times more often than they did in the past
 "Extreme heat has cut tropical bird populations by 38% in 70 years: Study")
Scientists challenge flagship study that saw 62% climate hit to GDP
A review of an April Nature paper finds data anomalies from Uzbekistan skewed results, overstating the potential economic impact among 83 countries analysed in the original study
 "Scientists challenge flagship study that saw 62% climate hit to GDP")
July cooler than last 2 yrs, but extreme weather impacts seen: Scientists
Globally, 2024 was the hottest year in recorded history. Julien Nicolas, a senior Copernicus scientist, said it was important to view July's decrease in the context of two anomalous years of warming
 "July cooler than last 2 yrs, but extreme weather impacts seen: Scientists")
Govt may fine carmakers missing fuel efficiency targets under new rules
The government reportedly plans to fine carmakers that do not meet fuel efficiency rules; Bureau of Energy Efficiency (BEE) will check compliance
 "Govt may fine carmakers missing fuel efficiency targets under new rules")
Parliamentary panel pitches for ESG oversight body to combat greenwashing
According to the committee, there is a need for statutory amendments to the Companies Act, 2013, to explicitly enshrine ESG objectives as integral components of Directors' fiduciary duties
 "Parliamentary panel pitches for ESG oversight body to combat greenwashing")
