CLIMATE POLICIES
Wall Street may be underestimating an important risk metric
A study by Climate X highlights that while banks collect data on climate risks, few adjust their financing accordingly.
Climate finance: What you need to know ahead of COP29
At COP29, nearly 200 nations are expected to agree on a new finance goal beyond 2025 -- but deep divisions remain over how much should be paid, and who should pay it.
Why energy efficiency should matter this World Ozone Day
As climate change accelerates, the need for efficient cooling systems becomes crucial. The Kigali Amendment aims to phase down harmful refrigerants and improve energy efficiency. This effort can significantly reduce greenhouse gas emissions and offer health benefits. Coordinated efforts across various stakeholders are essential to achieve these goals.
Replacing rice with other crops could help recover groundwater lost since 2000: Study
Replacing 40% of rice cultivation with other crops in north India could recover significant groundwater lost since 2000, a study finds. Current rice-dominated cropping patterns may lead to further groundwater depletion under global warming. The study suggests crop switching for groundwater sustainability and increased farmers' profitability.
'Renewable energy to power India's economic growth'
India aims to achieve net-zero carbon emissions by 2070, focusing on renewable energy expansion. The country plans to reach 500 GW of non-fossil fuel energy capacity by 2030, with significant investments and international partnerships. Initiatives like the International Solar Alliance and various government schemes support this ambitious goal.
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.
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.
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
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 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.
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.
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