# Tags

COP28 Presidency Host Day To Drive Action To Support World’s Most Vulnerable 

The COP28 Presidency on December 3 enshrines a collective commitment to increase investment and actions to drive resilience in countries and communities affected by conflict, fragility or humanitarian crisis    On the COP28 Presidency on December 3 formally unveiled endorsements of its COP28 UAE Declaration on Climate, Relief, Recovery and Peace (the Declaration), as part of its […]

Over 150 Non-State Actors Signed Call-To-Action Calling For The Transformation Of Food Systems For People, Nature And Climate

At COP28, the Broad Coalition of Farmers and Frontline Communities, Business, Philanthropy, and Cities send a strong message to assembled world leaders and the global community through a shared Non-State Actors Call to Action for Transforming Food Systems for People, Nature, and Climate    As world leaders assemble at the UN Climate Conference in Dubai, […]

UAE Commits US$30 Billion In Catalytic Capital To Launch Landmark Climate-Focused Investment Vehicle At COP28

With this USD 30 billion commitment, ALTÉRRA becomes the world’s largest private   investment vehicle for climate change action and will aim to mobilise USD 250 billion globally by 2030    As world leaders gathered for COP28, the UAE came forward with  a USD30 billion commitment to the newly introduced catalytic climate vehicle, ALTÉRRA, that will drive […]

India Can Host COP33 In 2028: PM Proposes At COP28

India’s Prime Minister Narendra Modi proposed hosting the 33rd Conference of the Parties of the UNFCCC (COP 33) in 2028. Speaking at COP28 in UAE, Modi stated India’s commitment to the UN Framework for Climate Change process and that it is 11 years ahead of time for emission intensity targets  On Friday, Indian Prime Minister […]

Agreement On Loss And Damage Deal Reached On Day 1 Of COP28

Fund to help the world’s poorest and most vulnerable countries hit by climate disaster is the first decision agreed upon at the conference In a significant move during the first day of COP28, participating countries took an important step by agreeing to operationalise the ‘Loss and Damage Fund’, addressing the critical issue of vulnerable countries […]

UAE’s Sultan Al Jaber Takes Helm As COP28 President, Inaugurates Climate Talks With Gavel Handover From Egypt

      UAE Special Envoy for Climate Change, Sultan Al Jaber, has officially opened the COP28 climate talks and assumed the role of COP28 President in the formal passing of the gavel from his predecessor, COP27 President Sameh Shoukry. “As I today perform my very last duty as COP President, as Egypt hands over […]

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 […]