Page 5 - Global Warming

India ranked 7th in climate change performance index, up one spot this year

India ranked 7th in this year's Climate Change Performance Index, up one spot from the previous one, and also remained among the highest performers, according to the report released here during the global climate talks COP28 on Friday. Monitoring Climate Mitigation Efforts of 63 Countries plus the EU covering more than 90 per cent of the Global Greenhouse Gas Emissions, India has received a high ranking in the greenhouse gas Emissions and Energy Use categories, but a medium in Climate Policy and Renewable Energy, as in the previous year. While India is the world's most populous country, it has relatively low per capita emissions, the index said. Our data shows that in the per capita GHG category, the country is on track to meet a benchmark of well below 2 degrees Celsius. While it shows a slightly positive trend in the share of renewable energy, this trend is advancing too slowly, the report based on the index said. The Climate Change Performance Index (CCPI) country experts repor

Clear definition of climate finance crucial for trust: India at COP28

India on Friday emphasised the need for countries to establish a clear definition of climate finance, saying the lack of clarity affects transparency and trust. At a high-level ministerial meeting on climate finance during the annual UN climate talks here, Environment Minister Bhupender Yadav said, I strongly believe this is the most crucial outcome we should all strive for. Yadav said that defining climate finance clearly is essential for creating trust and transparency among nations. He said that current estimates from the Organisation for Economic Co-operation and Development (OECD) and Oxfam reports (a transnational NGO) vary significantly and create uncertainty about the actual amount of climate finance provided. OECD estimated about USD 83 billion provided by developed countries in 2020, while Oxfam's Climate Finance Shadow Report suggests an amount ranging between USD 21 to 24.5 billion, he said. Yadav said a clear definition of climate finance should ensure it is ...

Global warming threshold could be hit temporarily in 2024: UK's Met Office

The average global temperature for 2024 is forecast to be between 1.34C and 1.58C above the average for the pre-industrial period of 1850-1900, it said

US firm KKR to raise up to $7 bn for first global climate fund: Report

The fund will scout for opportunities across the United States, Europe and Asia Pacific for investments of between $300 million and $750 million each, the source added

Moldova, Serbia volunteer to host UN climate talks 'COP29' next year

At this year's UN climate summit, countries, development institutions and businesses are pledging more money for everything from the energy transition to health care initiatives

Humanity on the verge of crossing 5 climate 'tipping points', warns report

An international team of more than 200 researchers identified 26 natural processes or features at risk of being suddenly and irreversibly disrupted by climate change, including ice sheets

India needs to continue momentum at COP28, seek more commitments: UNDP

India needs to continue its momentum and advocacy efforts at the UN COP28 here towards global climate action and seek more commitments and finances from developed countries, UNDP India climate chief has said. The UN climate talks in Dubai opened with a bang with countries clinching an early deal on how to compensate developing and vulnerable countries that bear the brunt of the climate crisis despite contributing very little to it. The agreement on the operationalisation of the Loss and Damage Fund on the first day of COP28 set the stage for more ambitious decisions over the next 12 days. In an interview with PTI, Dr Ashish Chaturvedi, Head, Action for Climate and Environment at the United Nations Development Programme (UNDP) India, lauded India's positive intent, highlighting the nation's commitment to continue contributing to global adaptation efforts. "The Loss and Damage fund stands as a victory for India to a certain extent as well. We've played an important role in pushing f

AC companies plan cool designs for warming world, but high costs a hurdle

While cooling technologies can save lives during deadly heat, they also threaten to worsen the climate crisis

Global carbon emissions from fossil fuels to rise 1.1% to hit peak in 2023

The planet is on track to exceed its carbon budget for 1.5C of warming around 2030, and the budget for 1.7C in 15 years, according to the group's Global Carbon Budget annual report

World Bank Chief Banga hails COP28 momentum as climate pledges mount

World leaders spent the first three days at the climate conference unveiling a string of announcements from cutting methane emissions to ramping up the flow of money to poorer countries

COP28: India skips pledge to triple global renewable energy target by 2030

India and China both on Saturday refrained from signing the pledge at the COP28 climate summit to triple the world's renewable energy capacity by 2030 even though New Delhi already committed to it as part of its G20 presidency. During the UN's climate talks here, 118 countries committed to tripling the global renewable energy capacity by 2030 in a highly endorsed initiative. This ambitious goal aims to reduce the reliance on fossil fuels in the world's overall energy production. The countries which backed the pledge included Japan, Australia, Canada, Chile, Brazil, Nigeria, and Barbados. Although China and India have expressed endorsement for the threefold increase in renewable energy by 2030, neither of them formally supported the comprehensive pledge on Saturday. This commitment involves scaling up clean power alongside a decrease in the utilisation of fossil fuels. The pledge called for phase down of unabated coal power and putting an end to the financing of new coal-fired pow

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Himalayas melting alarmingly: UN chief insists on urgent action at COP28

Warning of a potential catastrophe in the Himalayas where the glaciers are melting at an alarming rate, UN chief Antonio Guterres on Saturday said the ongoing annual climate talks here must respond to the needs of the developing nations, especially the vulnerable mountain countries that need urgent help. Almost 240 million people depend on the glaciers and 10 major rivers, such as Indus, Ganga, and Brahmaputra, originating in the Himalayas. Another billion people living downstream of these rivers across eight countries, including India, are also dependent on the glacier-fed rivers. Addressing a meeting with mountain countries at this year's Conference of Parties (COP28), UN Secretary-General Guterres emphasised that nearly a third of Nepal's ice had vanished in just over 30 years, and it was directly linked to greenhouse gas pollution that heats up the planet. Guterres, who visited Nepal, including the Everest region, in October last week, called for developed countries to clarify t

Developing nations press rich world to fight climate change at UN summit

Leaders of developing nations jumped into Saturday's second-day of a UN climate summit to press rich industrial countries to share their knowhow to fight global warming and ease the financial burdens they face while trumpeting their own natural resources that swallow heat-trapping carbon in the air. The 28th annual UN Conference of the Parties, or COP28, in the oil-rich United Arab Emirates featured about 150 presidents, prime ministers, royals and other leaders who are presenting their plans to cut heat-trapping emissions and mostly seek unity with other nations to avert climate catastrophe that seemed to draw closer than ever in 2023. The developing world took centre stage early Saturday. Several African leaders noted their continent's rainforests help gobble up excess carbon dioxide in the air and emphasised how their countries belch out only a tiny fraction of heat-trapping emissions compared to richer countries. Teodoro Obiang Nguema Mbasogo of Equatorial Guinea one of ...

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COP28 spotlights global warnings about the pain of climate change

In the day's opening address, Britain's King Charles is expected to warn that repeated signs of climate impact are being ignored, with devastating consequences

Carbon capture, storage tech is crucial to curb emissions: CCS Institute

The Global CCS Institute is an international think tank whose mission is to accelerate the deployment of carbon capture and storage (CCS), a vital technology to tackle climate change

Why is 1.5 deg C the most misunderstood number in the climate fight

When it comes to the collective goal of limiting global temperature rise to 1.5C, there's been only one acceptable talking point in the runup to the COP28 conference in Dubai

India, UAE steadfast in efforts to influence climate action discourse: PM

He expressed hope UAE-hosted COP28 will bring fresh impetus to effective climate action and international cooperation in advancing the goals of UNFCCC

Climate action must ensure priorities of Global South not compromised: PM

Regarding climate finance, PM Modi said that he has always maintained that climate change is a collective challenge that demands a unified global response