Business Standard

Paris Climate Deal

Global carbon emissions pricing raised record $104 bn in 2023: World Bank

The largest single contributor to global carbon revenue is the EU's Emissions Trading System

Global carbon emissions pricing raised record $104 bn in 2023: World Bank
Updated On : 21 May 2024 | 6:59 PM IST

India opted holistic approach to environment conservation: Bhupendra Yadav

Yadav said, "The mangrove ecosystem in India offers a unique example of existing in harmony with nature. The Sunderbans, lying along eastern India, offers the largest contiguous mangrove forest in the

India opted holistic approach to environment conservation: Bhupendra Yadav
Updated On : 10 Dec 2023 | 8:20 AM IST

COP28 climate summit: Negotiators turn back to future of fossil fuels

The United Nations climate conference on Friday began its final week with negotiators expected to zoom in on the future of fossil fuels on a dangerously warming planet. Thursday was a rest day, a bit of quiet before talks at COP28 grow even more intense. Negotiators will work to finalize a key document called the Global Stocktake. It evaluates the world's climate change progress since the 2015 Paris agreement and what needs to be done now to avoid blowing past its goal of limiting warming to 1.5 degrees Celsius (2.7 Fahrenheit) compared to preindustrial times. You start off very hopeful, euphoria, COP28 CEO Annan Amin said. Things are happening. Then the negotiations get hard and people start spreading rumours and conjecture and a little bit of depression, and then things start to come up again. And the clarity of the negotiations process becomes clearer. Then you have the political engagement, and that's where the real intensity and excitement comes from. A draft of the Global ...

COP28 climate summit: Negotiators turn back to future of fossil fuels
Updated On : 08 Dec 2023 | 10:59 AM IST

COP28: India has walked the talk on climate change, says Indian envoy

The Indian envoy further said that India has played a leadership role under the vision of PM Modi on the issue of climate change

COP28: India has walked the talk on climate change, says Indian envoy
Updated On : 29 Nov 2023 | 9:11 AM IST

Climate injustice: There's a US-shaped hole in every feasible solution

With the US unable or unwilling to make any credible commitments, the rest of the world is floundering around trying to compensate for its lack of leadership

Climate injustice: There's a US-shaped hole in every feasible solution
Updated On : 13 Nov 2023 | 8:10 AM IST

Trillions needed to meet Paris climate goals: G20 under India's presidency

The G20, under India's presidency, on Saturday said that developing countries will need USD 5.9 trillion in the pre-2030 period to implement their national climate plans effectively, with the aim of holding global warming to well below 2 degrees Celsius, preferably 1.5 degrees Celsius. To achieve net-zero emissions by 2050, developing countries will require approximately USD 4 trillion annually for clean energy technologies by 2030, the bloc said. The G20 also urged developed countries to fulfil their commitment to double their collective adaptation finance provision by 2025, compared to 2019 levels. Comprising nations responsible for 85 per cent of the world's GDP and 80 per cent of emissions, the G20 emphasised the need for increased global investments to align with the goals of the Paris Agreement. They called for a substantial scaling up of investment and climate finance, transitioning from billions to trillions of dollars from all sources. The New Delhi Leaders' Declaration,

Trillions needed to meet Paris climate goals: G20 under India's presidency
Updated On : 09 Sep 2023 | 7:59 PM IST

Beyond bloviation: What do climate conferences like COP achieve anyway?

It would be wrong to think that nothing has been achieved. A great deal has, though far too slowly - for which lack of speed the world, especially its poor, will pay the price, writes T N Ninan

Image
Updated On : 11 Nov 2022 | 9:56 PM IST

India has diligently worked to achieve 2015 green targets: Bhupender Yadav

The minister said though India is home to 17 per cent of the global population, it accounts for only 4 per cent of global carbon emissions

India has diligently worked to achieve 2015 green targets: Bhupender Yadav
Updated On : 08 Jul 2022 | 1:56 PM IST

World's major companies lag on climate, some markets regress since Paris

Limiting the world's temperature rise to 1.5 degrees Celsius above the pre-industrial average by mid-century was crucial in order to avoid irreversible damage to the planet: UN

World's major companies lag on climate, some markets regress since Paris
Updated On : 02 Mar 2022 | 2:10 PM IST

India can grow and cut emissions at the same time: Montek Singh Ahluwalia

Massive electrification and a switch to green sources of electricity could be an ideal decarbonisation strategy for India, suggests the former deputy chairman of the Planning Commission

India can grow and cut emissions at the same time: Montek Singh Ahluwalia
Updated On : 11 Aug 2021 | 8:22 PM IST

With time ticking down, hope is waning for a climate deal: Details here

Getting India's support will be key to the success of the United Nations-backed COP26 climate talks scheduled to occur in Glasgow, Scotland in November

With time ticking down, hope is waning for a climate deal: Details here
Updated On : 03 Aug 2021 | 1:38 AM IST

UN chief calls US' re-entry into Paris Climate Agreement a 'day of hope'

UN chief Antonio Guterres said the absence of a key player for the past four years was a missing link that created a gap and weakened the historic accord

UN chief calls US' re-entry into Paris Climate Agreement a 'day of hope'
Updated On : 20 Feb 2021 | 12:17 PM IST

India's aim of doubling renewable power by 2022 gets foreign backers' boost

For investments to rise more, though, the country may need to fix its ailing power distribution sector

India's aim of doubling renewable power by 2022 gets foreign backers' boost
Updated On : 26 Jan 2021 | 8:37 AM IST

India will achieve Paris Agreement targets and exceed them, says PM Modi

Modi said: "We have reduced our emission intensity by 21 per cent over 2005 levels"

India will achieve Paris Agreement targets and exceed them, says PM Modi
Updated On : 13 Dec 2020 | 12:22 AM IST

Climate change did not stop for Covid: Brace for warmest 5 years on record

1.7 billion people to face severe water shortage due to the decline in glacier runoffs in Central Europe and Tibetan Plateau between 2030 and 2050

Climate change did not stop for Covid: Brace for warmest 5 years on record
Updated On : 10 Sep 2020 | 12:50 PM IST

Haiti tragedy to 2030 Agenda among big global stories of decade: UN report

Paris climate deal, 2030 Agenda, Syrian conflict, among big global stories

Haiti tragedy to 2030 Agenda among big global stories of decade: UN report
Updated On : 26 Dec 2019 | 3:05 PM IST

With 2081 deaths last year, India 5th most vulnerable to climate change

Lower income countries are the hardest hit by climate change, but have lower coping capacity, the Germanwatch report said

With 2081 deaths last year, India 5th most vulnerable to climate change
Updated On : 09 Dec 2019 | 8:59 AM IST

BASIC countries call on developed nations to adhere to Paris climate deal

Prakash Javadekar, who attended the 29th BASIC ministers' meeting said the meeting worked out priorities as a group to be highlighted at the UN Climate Change Conference

BASIC countries call on developed nations to adhere to Paris climate deal
Updated On : 27 Oct 2019 | 3:44 PM IST

How Obama used race, Jan 26 visit to win Modi on Paris Climate deal

Winning Modi also helped Obama get other countries like South Africa and Brazil on board

How Obama used race, Jan 26 visit to win Modi on Paris Climate deal
Updated On : 07 May 2019 | 8:05 AM IST

Big Oil spent $1 billion on climate lobbying since 2015 Paris deal: Report

As planet-warming greenhouse gas emissions hit their highest levels in human history in 2018, the five companies wracked up total profits of $55 billion

Big Oil spent $1 billion on climate lobbying since 2015 Paris deal: Report
Updated On : 22 Mar 2019 | 4:13 PM IST