Page 14 - Latest Updates on Climate Change
Emission level checks crucial for climate change: Bhupender Yadav at COP27
The minister said that India is committed to both domestic action and multilateral cooperation on climate change
 "Emission level checks crucial for climate change: Bhupender Yadav at COP27")
COP27 draft text omits India's proposal of phasing down all fossil fuels
When contacted, a spokesperson of the Environment Ministry said the Indian negotiators do not wish to comment "as negotiations are going on"
 "COP27 draft text omits India's proposal of phasing down all fossil fuels")
BASIC Nations criticise developed world for backtracking on climate finance
They say fossil fuel use in Global North has risen, call it "double standards towards climate equity"; note that climate finance from developed nations continues to fall short of $100 bn a year goal
 "BASIC Nations criticise developed world for backtracking on climate finance")
Beyond Bali
India's presidency must make G20 more relevant
 "Beyond Bali")
Developed nations backtrack on climate fund: Small island states at COP27
The inaction of many developed countries has potential to stall talks and deal a devastating blow to hopes of the developing world for the establishment of a loss and damage funding facility at COP27
 "Developed nations backtrack on climate fund: Small island states at COP27")
BASIC countries call out rich nations' 'double standards' at COP27
The ministers of BASIC countries met on the sidelines of COP27 on Tuesday as the negotiations enter the final phase
 "BASIC countries call out rich nations' 'double standards' at COP27")
COP27: Nations pledge added support to GEF funds to tackle climate crisis
Several welcomed the SCCF's dedicated focus on Small Island Developing States as a key avenue of climate finance that is otherwise lacking
 "COP27: Nations pledge added support to GEF funds to tackle climate crisis")
South Korea to provide $2.72 million to international global climate fund
Seoul will contribute 1.2 billion won per annum to the Adaptation Fund over the next three years from 2023, Yonhap news agency reported, citing a statement by the ministry
 "South Korea to provide $2.72 million to international global climate fund")
Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi
'Both domestic exploration and buying stake in overseas mineral mines is on the agenda'
 "Focus is to capture, not halt, carbon emissions: Coal min Pralhad Joshi")
India ranks eighth, moving up two spots on Climate Change Performance Index
In 2022 and 2021, India stood at the 10th spot on the CCPI, while in 2020, it ranked ninth
 "India ranks eighth, moving up two spots on Climate Change Performance Index")
India started intense coal gasification drive to reduce emissions: Joshi
Coal Minister Pralhad Joshi said that India is committed towards meeting its obligation on climate change and has already started intense coal gasification drive
For states, climate change and energy transition are Centre's concern
The focus of a majority remains on distributing free and subsidised coal-based power
 "For states, climate change and energy transition are Centre's concern")
Submitted long-term low emissions growth strategy: India at COP27
Reiterates its climate goals in its National Statement
 "Submitted long-term low emissions growth strategy: India at COP27")
LIVE News updates: Another earthquake hits Nepal, fourth in 2 weeks time
Live news updates: The UN said that it took about 12 years for the world population to grow from 7 to 8 billion
 "LIVE News updates: Another earthquake hits Nepal, fourth in 2 weeks time")
Five changes that can help India reach its green energy goal faster
Experts say India will need systemic changes in policy and electricity infrastructure to quickly ramp up its renewable energy capacity
 "Five changes that can help India reach its green energy goal faster")
Rapidly mobilise massive financing for clean energy alternatives: IEA
A new IEA report says the world must move quickly to reduce carbon dioxide emissions from coal significantly in order to avoid severe impacts from climate change
 "Rapidly mobilise massive financing for clean energy alternatives: IEA")
China lost $18 billion last year due to extreme weather events: UN report
Economic losses from extreme climate events have rocketed in Asia, causing a total damage of $35.6 billion and affecting nearly 50 million people, says the report
 "China lost $18 billion last year due to extreme weather events: UN report")
COP27: Initiative to address water security, climate impacts launched
The initiative will champion inclusive cooperation to address water related challenges and solutions across climate change adaptation
 "COP27: Initiative to address water security, climate impacts launched")
Best of BS Opinion: Crypto meltdown, forced transmission, and more
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Crypto meltdown, forced transmission, and more")
Global cooperation is not necessary to fight climate change
Efforts to strengthen multilateral cooperation on climate change are likely to be futile. But competitive technological progress, even if promoted by protectionist policies, could save the planet
