Rishi Sunak spent more than £500,000 of taxpayers' money on private jet trips in less than two weeks. The British prime minister visited Egypt, Bali, Latvia and Estonia in less than two weeks.
Following International Women’s Day (March 8), a look at the disproportionate impact of climate change and global warming on half the world’s population, and how women bear the brunt of inequitable policies on matters of the environment.
MNRE secretary BS Bhalla told Moneycontrol that no green hydrogen consumption mandates have been decided as of now. But he said the mission permits a mandate if decided in the future.
From the iconic cheetah’s return to India to the Russia-Ukraine war sparking a global energy crisis, 2022 has been a mixed bag for the environment.
A report, prepared under the aegis of the World Bank, highlights the catastrophic impact of climate on India while citing investment opportunities that the crisis throws up. But where will the finance come from to give shape to such opportunities?
While both nature and humanity benefit when we find less emissions-intensive ways to produce energy and material goods, biodiversity is often more of a zero-sum game.
Renewable energy projects in the country have already impacted populations of the Great Indian Bustard, Lesser Florican, flamingos and Gyps vultures, among other species.
Many hoped that the agreement would include a "phase-down of all fossil fuels" and not just coal, as proposed by India and backed by many developed and developing countries, including the EU nations and the US, but the final agreement did not essentially build on what was agreed upon in COP26 in Scotland.
Countries have been negotiating how to make international trading in carbon offsets work since the 2015 Paris Agreement, and the launch of the system is likely to be several years off as the debate continues into 2023.
In today’s edition of Moneycontrol Pro Panorama: SEBI expands material event reporting time, steel export duty rollback comes a bit too late, new world order may be good for India, and more
Sharm- El-Sheikh failed to address the main cause of Climate Change: the use of fossil fuels
Climate conferences such as COP27 make new promises, with little progress on the previous ones. But that should not stop India from rolling out a decarbonisation initiative
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The COP27 climate summit in Egypt on Sunday created history by deciding to establish a fund to address loss and damage from climate change suffered by vulnerable countries.
India termed COP27 "historic" for securing an agreement on establishing a fund to address loss and damage due to climate change-induced disasters, saying "the world has waited far too long for this".
In a breakthrough in global climate negotiations, wealthy nations have finally agreed to set up a fund to pay damages to vulnerable countries for loss and damage due to climate change, but little progress was made on other critical issues, including a faster phase-out of all fossil fuels
Making an intervention in the closing plenary of COP27, Union Environment Minister Bhupender Yadav also said the world should not burden farmers with mitigation responsibilities.
Negotiators, however, say they have reached a tentative deal on the creation of a fund to pay poorer countries for harm caused by global warming
In return Europe, pushed for tougher language on reducing emissions. After hours of wrangling with countries including China, Brazil and Saudi Arabia, changes were agreed to that part of the deal, putting a final text within reach.
The U.N. climate agency released a new draft of the so-called cover decision on Saturday, but it was not immediately clear if all 197 governments at this year’s summit would back it.
The document, which forms the overall political deal for COP27, would need approval from the nearly 200 countries at the climate summit in Egypt.
The outcome of the conference, which was meant to end on Friday, aims to strengthen global resolve to fight climate change, even as a war in Europe and rampant consumer inflation distract international attention.
The success of the U.N. climate summit in Egypt, which has entered the second week, will be measured by the progress made on the contentious issue of climate finance, but the signs are not encouraging
Sudanese climate activist Nisreen Elsaim doubted the final outcome would satisfy the continent's needs.
DVC, which has mostly been an electricity generator, now getting back into coal production signifies India’s renewed thrust on expanding its thermal power generation capacity to meet its growing demand.