UN Secretary-General Antonio Guterres has asked the world to step up climate action by learning from the success story of protecting the ozone layer
Green climate and other bonds, and fixed-income assets do offer an explicit and ex-ante guarantee of carbon neutrality
The head of the United Nations called Thursday for immediate, rapid and large-scale cuts in greenhouse gas emissions to curb global warming and avert climate disaster. Ahead of the annual UN General Assembly meeting next week, Antonio Guterres warned governments that climate change is proceeding faster than predicted and fossil fuel emissions have already bounced back from a pandemic dip. Speaking at the launch of a UN-backed report summarizing current efforts to tackle climate change, Guterres said recent extreme weather from Hurricane Ida in the United States to floods in western Europe and the deadly heatwave in the Pacific Northwest showed no country is safe from climate-related disasters. These changes are just the beginning of worse to come," he said, appealing to governments to meet the goals of the 2015 Paris climate accord. Unless there are immediate, rapid and large-scale reductions in greenhouse gas emissions, we will be unable to limit global heating to 1.5 degrees ..
The report follows high-profile investor campaigns for better disclosure and analysis of the risk at energy companies and other heavy emitters such as miners.
The Moody's report said risks are more pronounced for water-intensive sectors like mining, agriculture and power
The firm is launching Implied Temperature Rise scores, which estimate whether a firm's activities and plans are consistent with keeping global warming below 2 degrees Celsius
US Special Presidential Envoy for Climate John Kerryon Tuesday said he has told the Indian government it is urgent to raise climate ambitions further
Significant research and development investment, particularly from developed economies of Europe is required to decarbonise energy as a part of climate action in developing countries, Union Environment Minister Bhupender Yadav said on Tuesday. Speaking at a session on 'Future of Sustainable Technologies in India-Europe Partnerships' organised by FICCI LEADS 2021 event on the theme 'Future of Partnerships', Yadav said that in any climate action, clean energy derived especially from renewable energy plays a vital role. "We need to bring together the power of innovation across the world, with significant R&D investment, in particular, from developed economies of Europe. This would enable us to solve the challenge of decarbonising energy, as well as cement and steel, in a manner that is low on cost and allows for rapid deployment in developing economies," he said. The minister said India has much to offer and share in terms of its experience with other countries embarking on a similar
Amid the push to reduce greenhouse gas emissions, a new has found that giant FMCGs are driving the expansion of plastic production, which threatens global climate, communities and ecosystem
United Nations High Commissioner for Human Rights Michelle Bachelet has named the climate change crisis as "the single greatest challenge to human rights of our era"
US special envoy launches Climate Action and Finance Mobilisation Dialogue
Climate change could push more than 200 million people to leave their homes in the next three decades and create migration hotspots unless urgent action is taken to reduce global emissions
The three focal points of the CAFM would firstly include a 'climate action pillar" which will develop proposals that can contribute to curbing emissions
Strategic reserves, carbon capture, biofuels, and hydrogen enter Strategic Clean Energy Partnership between countries.
A more comprehensive, cohesive, patient and hybrid climate fund is needed to resolve these cracks in the overall landscape and level up funding towards decarbonisation and the net-zero scenario
It is estimated that 400 million hectares of these forests are currently given over to timber production
India and Germany will make concerted efforts to build stronger energy and climate partnerships, Union Environment Minister Bhupender Yadav said on Thursday
Ignoring climate risks will complicate macroeconomic management, just as overlooking financial risks eventually led to the global financial crisis
Northwestern, central and south-central India are new hotspots of intense heatwave over the past 50 years, a study has said
Niti Aayog Vice Chairman Rajiv Kumar on Tuesday said the very real threat of climate change necessitates the development of mitigation strategies