Page 12 - Climate Change

Why does the world's biggest climate fund want India, China to step up?

Trump has upended humanitarian aid, development and climate finance sectors by halting funding. The US leader has also exited the Paris Agreement climate treaty and the World Health Organization

Sour season: Climate change is shrinking Delhi's strawberry harvest

Farms in Palla village are known for producing multiple varieties of strawberries, including Winter Down, Camarosa, Chandler, and Sweet Session

India's climate future lies in renewable energy, says Bhupender Yadav

Union Environment Minister Bhupender Yadav said that climate change impacts both developed and developing nations, but the historical burden of emissions lies with the Global North

India, EU discuss ways to strengthen collaboration on climate change

Union Environment Minister Bhupender Yadav on Friday met with EU commissioners Jessika Roswall and Wopke Hoekstra and discussed issues of mutual interest in the field of environment, forest and climate change. In a post on X, Yadav said they discussed opportunities to further strengthen the scientific and technical collaboration in fields of resource efficiency, circular economy and recycling of waste, including battery waste. Yadav told Roswall and Hoekstra that India is well on its path to achieving its updated nationally determined contributions (climate action plans). European Union President Ursula von der Leyen and her college of commissioners or senior political leaders of the bloc is on a two-day visit to India which began on Thursday.

Critical minerals recovery from waste needs multipronged strategy: Report

Recovery of critical minerals from processing waste requires a multipronged strategy with policy reforms in India, according to a report. Technological development, capacity building and supply chain integration are also needed for the recovery of these minerals from waste, according to a recent Ficci-Deloitte report. Critical minerals are important for the growth of clean energy technologies, electric vehicles and battery manufacturing. The demand for these minerals is increasing as the world transitions to clean energy. Critical minerals are also used in defence, such as in the production of aircraft, missiles, tanks, and corvettes, according to the report. The country, it said, is steadily gearing its critical mineral resource security. However, challenges, such as low exploration levels, long gestation periods for mine operations, and bottlenecks in processing, highlight the need to look for alternative sources of critical minerals, with mine processing waste offering a promisi

Green Frontier Capital to invest Rs 100 cr in climate-tech firms this year

Founder Sandiip Bhammer says the climate tech-focused VC firm only invests in companies that address three 'D's: decarbonisation, digitisation, and disruption

Green plan: IPCC gathers to draft outlines of seventh assessment report

IPCC Chair Jim Skea said it was a "pivotal session" for the delivery of the next report on global climate science

BS Manthan: Bhupender Yadav to discuss India's climate policy in new era

Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, is slated to address the role of India's climate actions amid a 'new climate order' at Business Standard Manthan on Feb 27

President Trump creates uncertainty for world's most cited climate report

US government scientists participating in the IPCC's global assessments were issued a stop-work order from the Trump administration, according to media reports late last week

Bad news for the earth: Climate action scepticism rises among policymaker

Germany less committed to climate action would swing Europe in a very different direction from the one it has been going for some time

India needs $700 bn in power sector to meet net-zero target: Moody's

India's power sector - the biggest carbon emitter - will need massive USD 700 billion investment over the next 10 years to help the country achieve its 2070 net-zero pledge, Moody's Ratings said on Wednesday. Stating that the power sector accounts for around 37 per cent of carbon emissions in the country, the rating agency said the investments required by the power sector during fiscal 2026-51 to be of the order of 1.5 per cent to 2 per cent of GDP (around 2 per cent for the next 10 years), which is manageable for India. The sector, which currently is highly dependent on coal-fired generation, has to make significant decarbonization investments for the country to meet its emission cut goals. "Our expectation of strong economic growth over the next 10 years implies an expansion of India's coal-based power generation capacity in that period, hindering carbon transition," it said. In a note, Moody's pegged power sector's annual investment requirement between Rs 4.5 lakh crore to Rs 6.

India surpassing key climate goals, can grow faster with clean energy: UN

India is already meeting and exceeding key climate targets and has a real opportunity to grow even faster, using clean energy and industry, UN climate change chief Simon Stiell has said. In an email interview with PTI, Stiell emphasised that India's unique geography and huge population means huge numbers of people are vulnerable to climate impacts. And therefore, he said, the need to invest in ensuring people, communities, infrastructure and businesses are resilient is clear. "India is already meeting and exceeding key targets. For example, by installing 100 GW (gigawatt) of solar in record time or providing electricity in every village. "I see a real opportunity for India to grow even faster, using clean energy and industry, which will be a huge benefit to India's economic prosperity, with millions more jobs, better health outcomes, more affordable and secure energy accessible to all, and faster-rising living standards for the Indian people," the executive secretary of the United .

World looks to India as global adaptation leader: UNFCCC's Simon Stiell

Says adaptation will be the focus area for all nations, urges India to accelerate its clean energy efforts, lauded LiFE mission and says India could be an example for the world on climate action

Green cover in India absorbed more carbon than it emitted annually: Study

The green cover in India has absorbed more carbon than it emitted annually in the last decade, but the rate of sequestration declines during extreme climate events such as drought, a study has revealed. The study by researchers at the Indian Institute of Science Education and Research (IISER), Bhopal, also stressed the critical role of vegetation in climate change mitigation and adaptation. Green vegetation absorbs carbon dioxide (CO2) from the atmosphere through photosynthesis and releases it back into the air through respiration. "The overall balance between this uptake and release of CO2 is known as the net ecosystem exchange (NEE). When the NEE is positive, it means vegetation is releasing more carbon than it absorbs, and when it's negative, it indicates that the vegetation is effectively storing carbon," said Dhanyalekshmi Pillai, associate professor, head of the Max Planck Partner Group Germany, and of the Earth and Environmental Sciences, IISER Bhopal. "For the last decade,

India among most affected countries by climate change from 1993-2022: CRI

The report notes that more than 400 extreme events in India during this period have resulted in significant fatalities and injuries, alongside the economic toll

Best of BS Opinion: Creative policymaking needed to resolve knotty issues

Policymaking must find simpler ways of resolving seemingly complex problems: such an approach frees up economic agents for productive activity

Warmer days, fewer cold spells: Why Delhi's winter felt hotter this time

Cold waves, a defining characteristic of Delhi's winters, were almost entirely absent this season. December recorded just one cold wave day

Extreme weather events claim 80K lives, cause $180 bn loss in India

Over the long term, the ranking shows that extreme weather events particularly affect Global South countries

India flags failure to meet financial pledges for climate adaptation

India expresses concern over failure of developed countries to meet financial commitments for Just Transition, climate adaptation

Shriram Finance eyes 20-fold growth over next 3 years in green portfolio

Green finance, which is financing of businesses that support environmentally friendly and sustainable projects, has struggled to pick up in India due to limited awareness, high transaction costs