Page 76 - Latest Updates on Climate Change
COP27: All eyes on Egypt to steer climate finance towards adaptation
With the summit happening amid Ukraine war and recession fears, budget cuts for climate are apprehended as nations use money to secure energy and development aid shifts towards humanitarian projects
 "COP27: All eyes on Egypt to steer climate finance towards adaptation")
Crops heavily damaged due to unseasonal rains: Union minister Tomar
He called for all-around efforts to increase the income of farmers which can be achieved by reducing the input cost incurred by agriculturists
 "Crops heavily damaged due to unseasonal rains: Union minister Tomar")
Activists target buildings in London to protest against fossil fuels
A climate activist group recently targeted landmark buildings in London by spray painting them in an act of protest against fossil fuels
 "Activists target buildings in London to protest against fossil fuels")
Climate responsibility
India should assert the principles of liability and fairness as the basis for climate action
 "Climate responsibility")
What long-term stagnation of global economy means for climate change
The global economy has been trapped in a state of relative stagnation in rates of growth, productivity, investment, and profitability since at least the 2008 financial crisis
 "What long-term stagnation of global economy means for climate change")
Heat waves due to climate change have cost world economy trillions so far
Massive economic losses brought on by extreme heat induced by human-driven climate change are an issue now, not only in the distant future
 "Heat waves due to climate change have cost world economy trillions so far")
EU approves ban on new combustion-engine cars from 2035 for climate goals
Passenger cars are a major polluter, accounting for 61 per cent of total CO2 emissions from EU road transport
 "EU approves ban on new combustion-engine cars from 2035 for climate goals")
Climate goals at risk, emissions by top emitters rebound: UN report
No credible pathway to restrict global warming to under 1.5 degrees Celsius, it says
 "Climate goals at risk, emissions by top emitters rebound: UN report")
Averting climate disasters requires bold emission reduction measure: UNEP
Community of nations must implement bold measures to reduce greenhouse gas emissions and avert runaway climate emergencies including floods, droughts, heatwaves and cyclones, the UNEP said
 "Averting climate disasters requires bold emission reduction measure: UNEP")
Emissions to hit a peak by 2025, demand for fossil fuel to reduce: IEA
Global greenhouse emissions will peak in 2025 as the world goes through a "profound reorientation" in terms of energy use, said the World Energy Outlook 2022 report
 "Emissions to hit a peak by 2025, demand for fossil fuel to reduce: IEA")
Best of BS Opinion: Political currency, marginal progress, and more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Political currency, marginal progress, and more")
Marginal progress on climate
Even with 40 countries issuing new NDCs, the carbon mitigation pledges remain inadequate to contain the rise in global temperature to 1.5 degrees Celsius by the end of this century
 "Marginal progress on climate")
India's per capita GHG emissions far below world average: UNEP report
At 2.4 tCO2e (tonne carbon dioxide equivalent), India's per capita greenhouse gas emissions were far below the world average of 6.3 tCO2e in 2020
 "India's per capita GHG emissions far below world average: UNEP report")
Top Headlines: Passenger vehicle sales up, legal power to CCI and more
Business Standard brings you the top headlines at this hour
 "Top Headlines: Passenger vehicle sales up, legal power to CCI and more")
Earth on track to warm above 2C despite climate action, claims report
Despite some progress in the last year, governments need to do more by 2030 to ensure that the global temperature increase is below 2C and ideally closer to 1.5C
 "Earth on track to warm above 2C despite climate action, claims report")
Greenhouse gases reach new record high levels in 2021: UN weather agency
The three main greenhouse gases hit record high levels in the atmosphere last year, the UN weather agency said, calling it an ominous sign on longtime concerns about global warming in recent months
Climate risks: Headwinds for banking
"Climate action failure" still features among the foremost long-term threats, and its severity is increasing
 "Climate risks: Headwinds for banking")
Global campaign to ensure loss and damage not forgotten at COP27
With world leaders meeting at COP27 next month, the "Hack the Agenda" campaign is hijacking social media conversation and greenwashing in order to raise awareness about loss and damage
Mission LiFE launched: PM calls for concept of 'reduce, reuse & recycle'
LiFE was announced by Modi during COP26 last year. It is also a part of India's nationally determined contributions (NDC)
 "Mission LiFE launched: PM calls for concept of 'reduce, reuse & recycle'")
Indians think combating global warming is good economics: Report
A significant proportion of the adult population in India appears convinced that steps taken to combat climate change and global warming will actually be good economics
 "Indians think combating global warming is good economics: Report")