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Extreme Rainfall Increases Exponentially With Global Warming: Study

Researchers from the Potsdam Institute of Climate Impact Research (PIK) looked at the intensity and frequency of daily precipitation extremes over land in 21 ‘next generation’ climate models used by a UN body in its global assessments   State-of-the-art climate models drastically underestimate how much extreme rainfall increases under global warming, according to a study […]

13 Hydroelectric Projects To Bring Rs 1.4 Lakh Cr Investment In Arunachal Pradesh: R K Singh

India’s hydropower capacity is 47,000 MW, which is 35 per cent of its available hydropower potential Union Power Minister R. K. Singh announced that 13 under-construction hydroelectric projects in Arunachal Pradesh, with a total generation capacity of 13,000 MW, will attract an investment of approximately Rs 1.4 lakh crore. During his visit to the 2,000 […]

WEF Says $13.5 Trillion Needed To Fast-Track Decarbonisation Of Key Sectors

Institutional investors and multilateral banks are identified as key players in providing access to low-cost capital linked to emissions targets A new report from the World Economic Forum (WEF) emphasises the need for USD 13.5 trillion in investments by 2050 to facilitate the transition to a more sustainable and carbon-neutral future. The report highlights the […]

India Net Zero Ambition Faces £101 Billion Financing Gap

Even though the global target’s implications for individual countries remain unclear, achieving a threefold increase in renewable capacity by 2030 seems attainable, given India’s NEP14 plans for a substantial rise in renewables India is already planning a more than threefold increase in renewable energy capacity by 2030. However, to build capacity of this scale, it […]

Wealthiest 10 Percent In Developing Nations Emit Less Emissions Than Regular Earners In Rich Nations: Study

Analysing per capita CO2 emissions across income brackets in 14 countries, the EU, and the ASEAN region, the study uses data from the World Inequality Database and the World Bank A recent study by the New Delhi-based climate think tank Council for Energy, Environment, and Water (CEEW) reveals that individuals in rich countries, even with […]

Global Debut Of EcoRatings Set To Take Centre Stage At COP28

The platform, focused on empowering individuals, businesses, and governments, rates products and services across various categories based on the United Nations 17 Sustainable Development Goals (SDGs) framework, utilising over 200 sub-indicators   In a significant development at COP28 in the UAE, EcoRatings, an AI-driven platform for ESG ratings, is poised to debut on December 5, […]

Andhra Pradesh Chief Minister Lays Foundation, Introduces Power Projects Worth Rs 6,600 crore

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy virtually inaugurated and laid the foundation for a slew of power projects worth Rs 6,600 crore   The chief minister laid the foundation for two solar power projects valued at Rs3,400 crore, in Kadapa and Anantapur, from his camp office. Aimed at enhancing power supply in 14 […]

“India Has Walked The Talk On Climate Change”: Indian Envoy Amid Modi’s Visit For COP28

COP28 will take place between 30 November and 12 December in Dubai on the central theme of energy transition   Ahead of Prime Minister Narendra Modi‘s visit to the United Arab Emirates (UAE), for the COP28 Summit, Indian Ambassador to UAE, Sanjay Sudhir said on Tuesday that New Delhi has always walked the talk on the issue of […]