CLIMATE POLICIES
Bill Gates has two main concerns: Here's what’s keeping the Microsoft founder up at night
Bill Gates, the Microsoft founder, warns of potential global threats like major wars and pandemics. He criticizes the US for its inadequate response to COVID-19 and stresses the need for better preparedness. His upcoming Netflix docuseries with Dr. Anthony Fauci highlights the importance of wealthy nations leading in disease prevention.
ILO says 52.4% of the world population covered by one or more social protection benefits as against 42.8% in 2015
The International Labour Organisation's new report shows that over half of the world's population now has some form of social protection, up from 42.8% in 2015. However, 3.8 billion people remain without any coverage. The ILO urges decisive policy action to enhance social protection systems, particularly in low-income and climate-vulnerable countries.
Govt working on policy for decarbonisation of steel sector
The Centre is developing a policy framework for decarbonising the steel sector, involving 14 task forces with experts and stakeholders. The report 'Greening the steel sector in India-Roadmap and Action Plan' outlines technological innovation, policy reforms, and financial mechanisms to support this transition, addressing challenges like climate commitments and rising energy costs.
How Democrats can flip Red districts Blue
Democratic House candidates John Avlon and Rachel Bohman aim to flip red districts by localizing issues like immigration and climate change. They promote bipartisanship and address voter concerns such as affordability. Both emphasize effectiveness, support for law enforcement, and global democracy defense while actively engaging with constituents to build trust.
Resource rich Kazakhstan positions itself as a middle power
Kazakhstan will host its first Astana Think Tank Forum on October 16-17, organized by the Kazakhstan Institute for Strategic Studies. The event will gather directors of foreign policy think tanks, researchers, advisors, and diplomats to discuss the roles of middle powers in global affairs. Key themes include foreign policy, economic influence, security dynamics, multilateralism, and emerging challenges.
Donald Trump shrugs off global warming worries, says 'that is not our problem' in latest remarks
US Presidential Election 2024: Former US President Donald Trump has dismissed concerns about climate change, claiming that rising sea levels are not a pressing issue. He emphasized the threat of 'nuclear warming' instead. Trump's stance contrasts sharply with the current administration's climate policies and suggests a potential rollback of environmental regulations if he is re-elected.
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Syngenta CEO Jeff Rowe calls for faster regulatory approvals in India's agriculture sector
Syngenta Group CEO Jeff Rowe has urged the Indian government to expedite regulatory approvals for innovative agricultural products to benefit farmers. Highlighting the impact of climate change on agriculture, Rowe emphasised the need for faster access to new solutions. Syngenta is investing heavily in digital technology and crop modelling to help farmers adapt, planning to launch 40 new crop protection products in the next few years.
Investors with $13 trillion urge climate approach to superbugs
Antimicrobial resistance, also known as AMR, kills nearly 1.3 million people a year and occurs when germs become resistant to drugs. If left unchecked, it could lead to an estimated $1 trillion in additional healthcare costs by 2050, as well as a 3.8% loss of global gross domestic product and about 10 million deaths annually, according to a report published last month.
Harris and Trump offer starkly different visions on climate change and energy
Vice President Kamala Harris and former President Donald Trump propose contrasting approaches to addressing climate change and energy supply. Harris supports sustainability and green initiatives, while Trump advocates for increased fossil fuel production. Both intend to shape the U.S. energy landscape, though they offer limited specifics on their plans.
Harris and Trump offer starkly different visions on climate change and energy
US Vice President Kamala Harris and former President Donald Trump have differing visions on managing climate change and energy needs. Harris supports green energy initiatives and legislation like the Inflation Reduction Act. Trump advocates for boosting fossil fuel production and rolling back climate regulations, sparking contrasting perspectives among voters.
India bets on climate-resilient seeds for food security. But farmers see little value
Crops that can withstand climate disruptions and give high yield are necessary for food security and to improve farmers’ income. But there aren't enough efforts to ensure these are sown on the ground.
India on track to achieve Nationally Determined Contribution to mitigate climate change: Saraswat
As per India's NDC, the country stands committed to reducing emission intensity of its GDP by 45 per cent by 2030, from 2005 level, and achieving about 50 per cent cumulative electric power installed capacity from non-fossil-based resources by 2030.
India aims to lead next industrial revolution with biomanufacturing policy: DBT
India introduced the BioE3 policy to tackle challenges related to food, energy, and climate. Approved by the Union Cabinet, the policy focuses on enhancing innovation in biomanufacturing, covering everything from medicines to bio-plastics. The initiative is expected to create job opportunities and promote sustainable development. The policy aligns with India's aim to become a developed nation by 2047, providing alternatives to traditional resources and addressing environmental concerns.
What has worked to fight climate change? Policies where someone pays for polluting, study finds
Moves toward phasing out fossil fuel use and gas-powered engines haven't worked by themselves, but they are more successful when combined with some kind of energy tax or additional cost system, study authors concluded in an exhaustive analysis of global emissions, climate policies and laws.
US leads the way in Climate-tech funding, as China falls behind
US importance in the sector will come as no surprise to those following the climate-tech ecosystem closely, given the outsized role US climate policy has had on investment, particularly the Inflation Reduction Act.
India only G20 nation to achieve climate targets, its efforts surprise world: PM Modi
During the 78th Independence Day address, Prime Minister Narendra Modi discussed India's advancements in renewable energy, emphasizing the nation's progress compared to other G20 countries. He also reiterated India's goal of reaching 500 GW of non-fossil fuel-based electricity capacity by 2030, aligning with its commitments to combat global climate change.
Pragmatic policy mantra to shape Viksit Bharat: CEA
The Chief economic advisor discusses the projected 7% growth rate for FY25, highlighting the importance of a balanced approach amidst global challenges. The economy shows positive momentum with growth in various sectors. Strategies for sustainable growth and addressing key issues are emphasized.
Climate Change: Emerging variable in monetary policy
The late monsoon arrival and heat waves have led to a projected 5% year-on-year inflation in June, driven by rising food and fuel prices. Central banks worldwide are incorporating climate risks into their models, as supply shocks from climate change present challenges in achieving price stability and economic growth.
Why RBI should be concerned about climate change
Climatic factors are now increasingly playing an important role in influencing food and fuel inflation which tends to affect the overall inflation levels which is emerging as a big area of concern for monetary policy. ET explains how could climate change impact monetary policy.
Heatwaves affect people with disabilities more, Lancet study finds
The study, published in The Lancet Planetary Health journal, found that this section of society was at twice the risk of hospitalisation compared to the general population, especially due to mental and respiratory diseases. The researchers found a fourfold increase in emergency admissions and seven times higher medical costs in people with disabilities.
Uzbekistan's ambitious green economy drive: New Bonds, air quality initiatives, & corporate collaborations
In October 2023, Uzbekistan issued its first international sovereign bonds for green financing, raising UZS 4.25 trillion (about USD 336 million). Additionally, the government is launching a nationwide initiative to measure and monitor air quality, driven by President Shavkat Mirziyoyev. This includes installing automatic air monitoring stations, supported by local businesses like Uzum, which is installing monitors at its locations in 30 cities. These efforts aim to provide real-time air quality data to address pollution effectively.
India’s climate dilemma will hang over Modi’s next five years
Modi, who has cast himself as climate champion for much of the past decade, will be under pressure to make faster progress toward existing green targets, including pledges to hit net zero by 2070, install a mammoth 500 gigawatts of non-fossil energy by the end of the decade, and corral a global alliance on solar power that aims to secure $1 trillion in investment.
New study warns of rising invasive alien species threat, urges immediate action
A recent study published in the journal Nature Ecology and Evolution has highlighted the urgent need to address the growing threat posed by invasive alien species (IAS) to global biodiversity. Led by researchers representing 101 organizations from 47 countries, the study emphasizes the increasing number of IAS introductions worldwide and their negative impacts on ecosystems.
UK recovering faster than expected after slipping into technical recession: IMF
The UK economy is approaching a soft landing, with a recovery in growth expected in 2024, strengthening in 2025, IMF said. Soft landing in economic parlance is managing inflation at comfortable levels without hurting economic growth.
Cruel Summer: Rethinking how to live, work in a world that is getting warmer
As this year’s summer, with its extended heat waves and record temperatures, warns, how to adapt to a warmer world is no longer a hypothetical question. A new study by World Weather Attribution says climate change has made a 30-day heat wave in South Asia 45 times more likely and 0.85o C hotter. Experts say we need to rethink the kind of houses we live in and offices we construct, how we grow our crops and the way we look at the impact of heat on our bodies, even as we tackle reducing the use of fossil fuels.
Government working on policy for low grade iron ore beneficiation: Steel Secy
The government is developing a policy for low grade iron ore beneficiation to increase steel production using low-grade iron ore. Steel Secretary Nagendra Nath Sinha and Union Steel Minister Jyotiraditya Scindia are involved in emphasizing low-carbon emitting steel-making processes.
‘We are witnessing the return of industrial policy now — unlike the past, this is shaped by a globalised world, climate change and AI’
"Right now, in the post-global financial crisis era, and particularly post-Covid, we are seeing the return of industrial policy but it’s taking a different form from the past — it is far more financialised now, it tries to work within the parameters and institutions of a globalised world and it is much more outward-oriented."
Over 24.5 crore more older adults projected to face acute heat, Asia, Africa to be worst hit: Study
With populations around the world ageing at an "unprecedented rate," researchers said that the number of people aged over 60 years is expected to double to nearly 210 crore by 2050, with more than two-thirds living in lower- and middle-income countries.
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