Climate Report

The Report notes that finance flows from developed to developing countries fall short of the levels needed to meet climate goals across all sectors and regions

The world needs new institutions to drive climate action and sustainable development goals (SDGs) as organisations such as the International Monetary Fund (IMF) and the World Bank are not designed to address these challenges, India's G20 Sherpa Amitabh Kant said on Friday. Participating in a discussion on "India's G20 Presidency - Forging Actionable Agenda for Global South" at the Vivekananda International Foundation, Kant talked about the challenges as India holds the presidency of G20 -- an intergovernmental forum comprising 19 countries and the European Union (EU). He said the challenges are "external" and referred to the Ukraine war and the prevailing situation in the West. "We have seen the war going on for one year, we don't know how it will shape up in the coming days. G20 is essentially a consensus building platform," he said. He said geopolitics in Europe is not improving as the Ukraine-Russia war has been going on for a year and is worsening. Kant said G20 is important a

Most countries in Asia have failed to achieve a global minimum target of protecting at least 17 per cent of land by 2020, according to a study based on data from 40 countries. Under current trends, the outlook for achieving the UN Global Biodiversity Framework's 2030 target to protect at least 30 per cent of land is bleak, with Asia set to miss this by an even greater margin, the researchers said. To counter the global biodiversity crisis, at the 2010 UN Convention on Biological Diversity, almost 200 countries pledged to protect at least 17 per cent of their terrestrial environments by 2020 (known as Aichi Target). To investigate whether they achieved this, researchers from the Universities of Oxford and Cambridge in the UK, with collaborators in Asia, analysed data from official reports submitted to the World Database on Protected Areas. The study, published in the journal Communications Biology, found that only 40 per cent of Asian countries achieved the target of a minimum of 17

The delegation headed by Auguste Tano Kouame, Country Director, India, World Bank met Karnataka Chief Minister Basavaraj Bommai on Monday and discussed ways to make the state climate resilient

The research partnership Climate Action Tracker on Thursday released its latest projections of how greenhouse gas emissions may dangerously raise the global average temperature

Adaptation finance flows to developing countries are 5 to 10 times below estimated needs

The warming of the earth, combined with the exhausting nature of the game, is raising questions about the future of the second most popular sport in the world

Deloitte Economics Institute estimates that an emissions pathway consistent with a three degrees Celsius temperature increase would lead to an annual loss of three per cent of GDP from now till 2050

Businesses are finding it hard to manage reporting on climate risks and need to take urgent steps to meet the expectations of regulators as well as investors, according to a report.

Pakistan has called for inclusive, cooperative and forward-looking policies to counter the challenge of climate change in the world, according to a statement from the Foreign Ministry

Climate scientists say the continued burning of fossil fuels is spewing greenhouse gases that trap heat in the atmosphere