Page 59 - Latest Updates on Climate Change
IMF proposes carbon price floor among emitters to limit global warming
The International Monetary Fund on Friday proposed to set up an international carbon price floor to help limit global warming and achieve the transition toward low carbon growth over this decade
 "IMF proposes carbon price floor among emitters to limit global warming")
BOJ plans to launch new scheme on climate change, keeps policy steady
The Bank of Japan said on Friday it will launch a new scheme to encourage financial institutions to boost lending and investment for fighting climate change
 "BOJ plans to launch new scheme on climate change, keeps policy steady")
Govt okays proposal to roll out project to explore deep ocean for resources
The cost of the mission has been estimated at Rs 4,077 crore over a five-year period and will be implemented in phases
 "Govt okays proposal to roll out project to explore deep ocean for resources")
India's contribution to climate change in last 200 years just 3%: Javadekar
Javadekar lauded the government's efforts to combat air pollution by introducing BS-VI emission norms for vehicles in April last year
 "India's contribution to climate change in last 200 years just 3%: Javadekar")
Best of BS Opinion: The real oximeter, why poor are leaning right & more
Here are the best of Business Standard's opinion pieces for Monday
 "Best of BS Opinion: The real oximeter, why poor are leaning right & more")
From Covid vaccine sharing to climate, G-7 talks yield agreements
The Group of Seven wealthy democracies have wrapped up their first face-to-face summit in two years at a seaside resort in southwest England.
 "From Covid vaccine sharing to climate, G-7 talks yield agreements")
G7 agrees to boost climate finance, plans to meet $100 bn a year target
But climate groups said the promise made in the summit's final communique lacked detail and the developed nations should be more ambitious in their financial commitments
 "G7 agrees to boost climate finance, plans to meet $100 bn a year target")
The real oximeter
The oxygen that we get from nature is about increasing green cover and ensuring that our air - our every breath - is not polluted.
CEOs and investors push world leaders for stronger climate action
A group of 79 company bosses and investors managing $41 trillion issued separate calls on Thursday for world leaders to accelerate action on climate change
 "CEOs and investors push world leaders for stronger climate action")
Global supply chain squeeze, soaring costs threaten solar energy boom
The situation suggests slower growth for the zero-emissions solar energy industry at a time world governments are trying to ramp up their efforts to fight climate change
 "Global supply chain squeeze, soaring costs threaten solar energy boom")
India taking steps to become free of single-use plastic by 2022: Javadekar
Considering the adverse impacts of littered plastic waste on both terrestrial and aquatic ecosystems, the prime minister gave a clarion call in 2019 to phase out single-use plastics by 2022.
IndusInd Bank plans to raise climate financing to 3.5% in two years
Private sector IndusInd Bank on Saturday said it will reduce carbon emissions to 50 per cent in next four years and raise climate financing to 3.5 per cent in two years.
 "IndusInd Bank plans to raise climate financing to 3.5% in two years")
World Environment Day 2021: Theme, ecosystem restoration, pics, and more
World Environment 2021 theme is 'ecosystem restoration' - a global mission to revive billions of hectares, from forests to farmlands, from the top of mountains to the depth of the sea
 "World Environment Day 2021: Theme, ecosystem restoration, pics, and more")
Biden administration aims to restore species protections weakened by Trump
The Biden administration said Friday it is cancelling or reviewing a host of actions by the Trump administration to roll back protections for endangered or threatened species
 "Biden administration aims to restore species protections weakened by Trump")
World Environment Day 2021: Restoring ecosystem and raising awareness
Prime Minister Narendra Modi to release report on ethanol blending in India as part of an event marking environment day.
 "World Environment Day 2021: Restoring ecosystem and raising awareness")
Prime Minister Modi to address World Environment Day event on Saturday
The theme for this year's event is 'promotion of biofuels for better environment'.
 "Prime Minister Modi to address World Environment Day event on Saturday")
Geotextile tube meant to prevent costal erosion in tatters in AP, Odisha
Nearly 34% of India's coastline was under varying degrees of coastal erosion, noted a report by the National Centre for Coastal Research, Ministry of Earth Sciences.
 "Geotextile tube meant to prevent costal erosion in tatters in AP, Odisha")
HDFC Bank announces plans to become carbon neutral by 2031-32
The lender is also working on a framework for issuing green bonds.
 "HDFC Bank announces plans to become carbon neutral by 2031-32")
Climate explained: Why is Arctic warming faster than rest of the world?
The recent intensification and more poleward location of the southern hemisphere belt of westerly winds have been linked to continental droughts and wildfires, including those in Australia
 "Climate explained: Why is Arctic warming faster than rest of the world?")
OPEC wins, the West loses
Judges, investors force oil firms towards low-carbon future
 "OPEC wins, the West loses")
