CLIMATE TECHNOLOGY
COP29 will be litmus test for Paris agreement: Yalchin Rafiyev
Azerbaijan, the host of the annual UN climate conference COP29, has the duty to lead nations in agreeing on measures to combat climate change at the necessary speed and scale to keep global warming within 1.5°C above pre-industrial levels. Baku will be a moment of truth for the entire climate community, said Yalchin Rafiyev, Azerbaijan's Deputy Foreign Minister and lead negotiator for COP29
Rich nations should provide climate finance to developing countries: Bhupender Yadav
"Temperature rise is a global problem. IPCC reports clearly say the increase in carbon emissions is driving average global temperatures up. Countries have prepared their Nationally Determined Contributions. India has achieved its climate targets, be it in the renewable energy sector or reducing carbon emissions," Yadav said at the India Climate Summit.
Copper demand to rise significantly with shift to cleaner energy sources: HCL CMD Sharma
According to ICRA, the domestic refined copper demand growth is expected to remain healthy at 11 per cent in FY25, outpacing the rate of global growth in copper demand, given the Centre's thrust on infrastructure development and a gradual transition to renewable energy.
‘It is beyond belief we’re still subsidising the cause of the climate crisis — we need greater subsidies for renewables over fossil fuels now’
"I think the CBAM, to the extent that it does result in significant revenue from tariffs, should recycle some of those funds in lump sum forms to help countries clean up their production processes and adapt to climate change," says Cameron Hepburn, Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment, Oxford University.
Majority of Indian employers plans to add staff in first six months of FY25: Survey
The Indian employment market is expected to expand by more than 6% in the first half of the fiscal year, driven by a positive economic climate across 23 industries, according to TeamLease Services' Employment Outlook Report for H1 FY25. The report, which surveyed 1,417 employers in 20 cities, found that 56% of employers plan to grow their workforce in the coming months, 23% expect to maintain current levels, and 21% foresee a decline in staff numbers.
Gates’ climate firm sets sights on developing world
Breakthrough Energy advances global innovation, emphasizing cost reduction and universal innovation for sustainable development.
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Climate-proofing India's daily bread: The race for resilient wheat
Satveer Singh's family relies on a sack of wheat flour to stave off hunger. They barely manage, aided by government rations, despite irregular supply. Extreme weather has slashed India's wheat production, forcing the government to cut rations and halt exports. Efforts are underway to develop climate-resilient wheat varieties, crucial for food security.
Climate-proofing India's daily bread: The race for resilient wheat
Climate change impacts - including harsher heat, drought and floods - pose a major emerging threat to food security in India and elsewhere, accelerating diverse efforts to introduce crops that are better able to withstand shifting conditions.
India’s climate dilemma will hang over PM Modi’s next five years
Prime Minister Narendra Modi aims to lead India into a 'green era' while grappling with a reliance on coal energy. He faces pressure to meet climate targets, including net zero emissions by 2070 and massive renewable energy goals.
PM Modi thanks Bill Gates for congratulatory wishes on his third term
Prime Minister Narendra Modi thanked Bill Gates for his wishes on the oath-taking ceremony, expressing appreciation for their past discussions on technology's role in governance, healthcare, and climate change. Gates congratulated Modi on his third term win, recognising India's progress as an innovation hub and anticipating continued collaboration for global progress.
India’s climate dilemma will hang over Modi’s next five years
Modi, who has cast himself as climate champion for much of the past decade, will be under pressure to make faster progress toward existing green targets, including pledges to hit net zero by 2070, install a mammoth 500 gigawatts of non-fossil energy by the end of the decade, and corral a global alliance on solar power that aims to secure $1 trillion in investment.
India offers $500 billion investment opportunity in clean energy: Commerce secretary
India's commerce secretary Sunil Barthwal announced at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore that India presents an investment opportunity exceeding $500 billion in the clean energy sector, including renewables, green hydrogen, and electric vehicles by 2030. The forum, consisting of 14 countries like India, Australia, and the US, has identified investment prospects totaling $23 billion for sustainable infrastructure projects in the Indo-Pacific region.
India offers above $500 bln investment opportunity in clean energy value chain
India offers a $500 billion investment opportunity in clean energy by 2030 at the IPEF Clean Economy Investor Forum in Singapore, resulting in $23 billion investment opportunities for sustainable infrastructure projects in the Indo-Pacific.
India offers USD 500 billion investment opportunities in clean energy, other sectors by 2030
New Delhi India offers huge investment opportunities worth over USD 500 billion, particularly in clean energy value chain including renewables, green hydrogen and EV, by 2030, the commerce ministry said on Thursday. This was stated by Commerce Secretary Sunil Barthwal, who is in Singapore for the two-day meet of the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum.
ISRO working on mission to advance high-resolution thermal imaging for climate, resource management
The TRISHNA mission, a collaboration between ISRO and the French space agency CNES, aims to monitor Earth's surface temperature, water stress, and water quality for energy budgeting. The launch schedule is undisclosed.
Groundwater to get over 3 deg C warmer by century's end, threatening safety: study
Groundwater is projected to warm by 2-3.5 degrees Celsius before the turn of this century, potentially risking water quality and safety, apart from threatening ecosystems depending on the resource, a new research has found. The "world's first global groundwater temperature model" predicted the highest warming rates in Central Russia, Northern China and parts of North America, and the Amazon rainforest in South America.
Carbon removal needs to quadruple to meet climate goals, researchers say
New policies are required to drive up demand for CDR, the authors said, with funding for new technologies falling since 2020. The $856 million invested in new startups last year accounted for around 1% of total climate tech spending.
Stage set for new government to press on next-generation reforms
India will continue to be the world’s fastest-growing economy and the Indian-corporate world has its hopes up as it expects the next government to continue on the reform path and steer the Indian economy towards high growth.
Air Turbulence! IndiGo and Air India Express tackle rising threats amid climate change concerns
The rise in clear air turbulence, likely due to climate change, has led to increased incidents impacting airline passengers worldwide. Recent events, including a fatal case on a Singapore Airlines flight, have prompted airlines like Air India Express and IndiGo to enhance safety measures and pilot training to address this growing concern.
Urbanisation led to 60% more night-time warming in Indian cities than non-urban areas: Study
A study by IIT Bhubaneswar found that urbanization has led to 60% more night-time warming in over 140 Indian cities compared to surrounding non-urban areas. Cities like Ahmedabad, Jaipur, and Rajkot were most affected, with Delhi-NCR and Pune also experiencing significant warming. The urban heat island effect, where concrete and asphalt store and release heat, is the main cause. T
Climate tech startup Cloover raises $114 million in seed funding
German startup Cloover secured $114 million funding led by Lowercarbon Capital to empower smaller installers in offering comprehensive renewable energy solutions. The funding will support expansion into new markets and technology enhancements.
As macro climate changes, GenAI will also scale up: Infosys CEO Salil Parekh
In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing director of Infosys, spoke of his plans to prepare the $18.6 billion software services giant — through its Topaz platform — for the GenAI-led transformation that will take root as global macro-economic concerns ease.
Amid heatwave conditions, staying cool without creating heat remains essential
As Delhi sizzles at 45 degrees Celsius, many of us tend to overlook the ironic reality that the comfort provided by air conditioners contributes directly to global warming. With the increasing affordability of ACs and more countries, including India, meeting the rising demand for electricity, the use of air conditioners is escalating. According to a study, by 2050, the number of AC units is projected to reach 4.5 billion, a boon for appliance manufacturers but concerning for the Earth. The emissions of greenhouse gases resulting from AC usage are anticipated to lead to a 0.5-degree Celsius increase in global temperatures.
AI relies on mass surveillance, warns Signal boss
Pushing back against the unquestioning enthusiasm at VivaTech in Paris, Europe's top startup conference where industry players vaunt the merits of their products, Meredith Whittaker said concerns about surveillance and those about AI were "two framings of the same thing".
Cruel Summer: Rethinking how to live, work in a world that is getting warmer
As this year’s summer, with its extended heat waves and record temperatures, warns, how to adapt to a warmer world is no longer a hypothetical question. A new study by World Weather Attribution says climate change has made a 30-day heat wave in South Asia 45 times more likely and 0.85o C hotter. Experts say we need to rethink the kind of houses we live in and offices we construct, how we grow our crops and the way we look at the impact of heat on our bodies, even as we tackle reducing the use of fossil fuels.
‘We are witnessing the return of industrial policy now — unlike the past, this is shaped by a globalised world, climate change and AI’
"Right now, in the post-global financial crisis era, and particularly post-Covid, we are seeing the return of industrial policy but it’s taking a different form from the past — it is far more financialised now, it tries to work within the parameters and institutions of a globalised world and it is much more outward-oriented."
Presswala a day to keep wrinkles away
Presswalas and dhobis, integral to Indian culture, face extinction due to modern appliances. Aspirations for energy-efficient living prompt reconsideration of their relevance in combating climate change and pollution.
EO data can generate $3 tn in economic benefits; help cut 2 gigatonnes of CO2 emissions: WEF report
The World Economic Forum and Deloitte report emphasize the economic benefits of Earth observation data, with a focus on reducing greenhouse gas emissions. Various industries can leverage EO data for improved operations and sustainability, contributing to global GDP growth.
India among top 5 developing countries in aviation emissions in 2019, study finds
The research team at the Norwegian University of Science and Technology also found that India's share in global CO2 emissions from domestic aviation was the third highest at 1.5 per cent. "The countries with the highest absolute domestic aviation CO2 emissions (global percentage share in total CO2 aviation emissions in parentheses) are the USA (13.4 per cent), China (8.9 per cent), India (1.5 per cent), Russia (1.2 per cent), and Japan (1.1 per cent)," the authors wrote.
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