COP28: What India gained and lost in fight against climate crisis
Given that India is already committed to tripling renewable and nuclear energy by 2030 and energy surplus since FY11, it doesn't need to hung up on coal
climate change
December 2023
November 2023
October 2023
September 2023
May 2023
April 2023
COP28 Summit 2023: History made as countries pledge transition away from fossil fuel
At COP28, leaders vow to end fossil fuel usage in a phased manner; some nations are unhappy as it does not mention “complete phaseout”
Big Firms Pass ESG Test...
...but smaller Indian corporates still to follow high standards in ESG reporting and action.
Developed countries backtracking on climate targets: Amitabh Kant
These comments come ahead of the COP28 summit on climate change in the U.A.E.
Richest 1% emit as much planet-heating pollution as 5 bn people: Oxfam
Ahead of the UN Climate Summit in Dubai, the Oxfam report says carbon emissions of 1% richest are enough to cause 1.3 million excess deaths due to heat
9.5% of India's land degraded, 36.8% drought prone: UNCCD
36.8% of India’s land area was drought prone and 854.4 million or 83.85% of Indian population was exposed to drought situations, as per UNCCD report.
Fertiliser, labour cost biggest challenge for Indian farmer: Bayer
42% of smallholder farmers expect changing weather to reduce their crop yields
Delayed climate policy actions to cause larger output losses, higher inflation: RBI
It analysed the macroeconomic impact of some of the key extreme weather events such as floods, cyclones and droughts in the last 10 years i.e. 2012-13 to 2021-22.
Policy interventions imperative for sustainable development of India’s retail segment
While retail contributes about 10% of the nation’s GDP, it is anticipated to grow at a CAGR exceeding 12% within five years
Consider transaction tax for climate financing: Experts to G20
A universal Financial Transactions Tax (FTT), levied at a rate of 0.05%, could generate $650 billion a year for climate finance.
