ICRA Head (Research and Outreach) Rohit Ahuja said that these sectors together emit 90 per cent of carbon dioxide as per 2019 data of the International Energy Agency.
The Reserve Bank is actively engaged in conducting research on areas such as green finance and the impact of climate change on various macroeconomic variables such as inflation and growth.
The pandemic and the above mentioned series of natural disasters have exposed the disparities that exist in the world.
Glasgow climate meet kept 1.5-degree Celsius limit alive, but it was a fragile win: COP 26 president
Speaking at a session on 'Climate Action: The Road Beyond COP26 Glasgow', Alok Sharma said that countries and companies must honour the promises made at the conference.
Developing countries feel the developed world should bear the cost of mitigation as well as help with technology and resources to achieve carbon neutrality.
Achieving net zero involves technology pathways as well as financial flows of investments towards the construction of the associated physical infrastructure.
The financial institutions have not suddenly become climate activists but have gradually understood that unless the climate is stable, the economy in which they invest will be at risk
Two crucial climate issues are agricultural emissions and the role of local governments in mitigating global warming. But they are not getting the attention they deserve in India.
The talk of climate change adaptation at a global event flies in the face of the state-sponsored accentuation of the crisis.
According to the CEEW Centre for Energy Finance (CEEW-CEF), these investments would help decarbonise the country's power, industrial, and transport sectors.
Babitha PS, co-founder and senior mentor of Green Army International, was present at the 2021 United Nations Climate Change Conference held in Glasgow
It’s good that 100 nations have pledged to improve things. A very clear conclusion has not been reached as to how much money will be given by the rich nations.
Zhao Lijian said China pays high importance to green transformation and has made tremendous efforts to control the coal consumption of coal-fired power plants.
Indian Environment Minister Bhupender Yadav argued against a provision on phasing out coal, saying that developing countries were “entitled to the responsible use of fossil fuels.”
Countries, as part of the agreement, have also agreed to meet next year to discuss further carbon cuts so that the goal to limit warming to 1.5 degrees Celsius can be reached.