Finance Industry Gathers at COP28 to Forge Path to Low-Carbon Economy
This year’s summit marks an unprecedented gathering of finance industry representatives at a United Nations Conference of the Parties (COP), underscoring the growing recognition of the critical role finance plays in addressing climate change
COP28: Highlights of Day 2
# Commitments worth $450 million for Loss & Damage fund
# Guterres urges for phasing out of fossil fuel
# India Pledges to Step Up Renewable Energy Efforts at COP28
# US Vice President Harris to Take Lead at COP28 in Last-Minute Shift
Blended with Hope and Uncertainty, COP28 Begins in Dubai
Will the goalposts be shifted in COP28 to frame carbon capture and storage as the primary agenda instead of the phasing out of fossil fuels?
PM Modi to participate in COP28 at Dubai
Prime Minister Narendra Modi will be attending the World Climate Action Summit from November 30 to December 1, at Dubai
Richest 1% emit as much planet-heating pollution as two-thirds of humanity, Says Oxfam
#Carbon emissions of richest one percent surged to 16 percent of world’s total CO2 emissions in 2019.
#Their carbon emissions are enough to cause 1.3 million excess deaths due to heat.
#Unequal countries suffer seven times more flood fatalities than more equal countries.
#Fairly taxing the super-rich would help curb both climate change and inequality.
ISSB To Take Over Corporate Monitoring Responsibility
The IFRS Foundation’s International Sustainability Standards Board (ISSB) will take over responsibility for monitoring companies’ climate-related disclosures by 2024
How These 5 Cement Companies Are Mapping Their Sustainability Journey
One of the segments leading the sustainability narrative is cement manufacturing as most leading cement manufacturers are already on their way to meet the RE 100 and EP 100 targets
India’s Green Mobility Push With 10,000 E-Buses
Under the ‘PM-eBus Sewa’ initiative, the Union Cabinet has approved introduction of 10,000 E-buses in 169 cities
Need to Add Impact Of Climate Action Into Risk Management
A new report calls for a need for urgent action to embed the impact of climate action into risk management in Financial Sector.
Budgetary Support To Unlock Potential For Pumped Hydro Energy Storage Projects
The Ministry of Power (MoP) has released guidelines that are expected to boost pumped hydro energy storage (PHES) projects in India, with an aim to add approximately 5 GW of capacity over the next five fiscal yearsThe Ministry of Power (MoP) has released guidelines that are expected to boost pumped hydro energy storage (PHES) projects in India, with an aim to add approximately 5 GW of capacity over the next five fiscal years
