The US President’s proposed policy steps can have a far-reaching impact on global markets, with the possibility of emerging markets seeing a relief rally
COP28 in UAE: An urgent call to mitigate emissions and fast-track the energy transition resonates as a central theme.
The UN report underscores the need for an urgent action at COP28 to avert the severe impacts of climate change.
It represents 85 per cent of the world’s population and nearly 39 per cent of the global GDP, making it a critical stakeholder in the fight against climate change.
COP27 is being held in Egypt on from November 6 to 18.
.The MoU involves the two institutions working to jointly organise a set of activities to facilitate the implementation of mitigation action in the energy sector, facilitate the implementation of Nationally Determined Contributions (NDCs) and Long-term Low Emission Development Strategies.
The move is part of a broader $2.4 billion incentive program to boost battery manufacturing for which the government has begun inviting investment proposals from companies.
The UN Secretary General also took note of India's concerns over the lack of climate ambition on display by developed countries on both fronts of mitigation and support, saying that there is "no question" that developed countries need to take the lead on climate action.