Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Speaking at an event organised by State Bank of India, the finance minister said that at present, India requires industry to ramp up and invest in new facilities, and added that lowering lending rates can help achieve the "Viksit Bharat" aspiration.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
"It (clear future direction for carbon markets) also indicates a new lease of life for Clean Development Mechanism (CDM), especially in the Indian context where this market mechanism under the Kyoto Protocol has been a catalyst for enhanced action on climate mitigation by Indian industry," industry body Ficci said.
The Bangkok talks are a last chance to sign a deal to replace the Kyoto Protocol, whose first commitment period expires in 2012.
Renowned scientist Ajai Kumar Sonkar emphasizes the importance of reconnecting with nature to strengthen the immune system and prepare for future pandemics.
The BioPod module is a high-tech greenhouse controlled by artificial intelligence designed to grow plants and develop agriculture to fight climate change and in preparation for future life on Mars.
Isn't she the prettiest girl you've seen all day?
As Singapore, New York and Melbourne have shown, cities can mitigate the impact of heatwaves if they have the will to create green infrastructure, explain Amit Kapoor & Bibek Debroy.
The Accord was finalised at a meeting between the heads of India, China, South Africa, Brazil and the US in Copenhagen last Friday.
Several global models are predicting El Nio to appear around the second half of the year, which are the crucial rain-bearing months.
"This is a momentous occasion," the secretary-general said after the deal was ratified by 72 countries accounting for more than 56 per cent of global greenhouse gas emissions.
The funeral mass of Pope Francis, who passed away on Monday, concluded at St Peter's Square on Saturday with the bells of St Peter's Basilica tolling to signal the end of the 2 hours and 10 minutes long service.
It has noted that melting glaciers due to any impact of climate change will not only severely affect the flow in Himalayan river system but will also give rise to natural disasters.
India on Thursday made it clear that it would not accept any internationally binding agreement and that its climate change targets were not up for review.
China has reiterated its plan to build the world's largest dam over the Brahmaputra River in Tibet, near the Indian border. The Chinese Foreign Ministry has assured that the project, estimated to cost around USD 137 billion, will not have any negative impact on downstream countries, India and Bangladesh. The ministry has stated that the project has undergone rigorous scientific verification and will be conducive to disaster prevention and mitigation, as well as climate change response. India has expressed concerns about the dam, raising the issue during talks with the visiting US National Security Advisor, Jake Sullivan. China has maintained that the project will not negatively affect the lower reaches and has committed to maintaining communication with downstream countries.
The Earth will be 2.4 degree Celsius warmer by 2020 if the world continues with the business-as-usual approach to climate change.
Glimpses from the FutureFantastic technology and art festival in Bengaluru that explored the intersections of art, technology and climate change.
The United Nations has launched an independent review of the functioning of its top climate change body IPCC, which has come under much criticism in the recent months for some errors in its reports.
Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.
Buffeted by allegations of sexual harassment, R K Pachauri on Tuesday quit as chairman of United Nation's prestigious Intergovernmental Panel on Climate Change, whose meeting here he has avoided.
The conditions that lead to landslides, including soil texture, soil moisture and slope are known, and it is important to put all this knowledge into an operational system, he said.
New text is "ambitious and balanced"
Sending encouraging signal to the rest of the world, a bipartisan group of powerful US Senators on Friday agreed on a framework for a climate change bill.
Congressman James Sensenbrenner, the senior most Republican was among a high-powered delegation of US lawmakers, led by House Speaker Nancy Pelosi that visited India last month. Sensenbrenner has made it clear that the US Congress will not ratify any global climate change agreement if India is not a party to it. This delegation focused on global warming and energy among other issues. He said without India & China, the US will be at an economic disadvantage in a global treaty.
Stern says that we all know the pace of change has picked up in India
Adopted after nearly two weeks of hectic negotiations, the first Global Stocktake deal, being termed the UAE consensus, urges countries to accelerate efforts toward the phase-down of unabated coal power, which is a climb down after India and China strongly resisted the singling out of coal.
Some India states are likely to record a significantly higher number of heatwave days, according to the national weather body.
The average global temperature between January and October has been 0.68 degrees Celsius higher than the 20th century's average global temperature of 14.1 degree C.
They said rampant infrastructure development without a plan is making the fragile Himalayan ecosystem even more vulnerable to the effects of climate change which acts as a force-multiplier.
Representing India at the 'High-Level Segment for Heads of States and Government' at the UN COP26 underway at Glasgow, UK, Prime Minister Modi said that India is working very hard on tackling climate change related issues.
For India, the talks will work as another opportunity to sharpen its positions ahead of the formal UN negotiations.
The CPI said there was neither any agreement over technology transfer nor any commitment for additional financial resources to fund adaptation and mitigation in the developing countries. In a similar statement, the Communist Party of India-Marxist Politburo said on Sunday: "The political leaders who gathered in Copenhagen have failed their people by not delivering an effective and equitable climate change agreement."
There is a need to mainstream green finance and devise ways for incorporating environment impact into commercial lending decisions, RBI Deputy Governor M Rajeshwar Rao has said. Addressing climate risk in the financial sector should be the joint responsibility of stakeholders as it would affect the resilience of the financial system in the long run, he said. Rao made these comments while speaking at the CAFRAL Virtual Conference on Green and Sustainable Finance, recently.
'If you want help understanding that, I can lend you my encyclopedia from when I was in 2nd grade. It has pictures and everything'
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
Climate activist Soman Wangchuk announced on Sunday that he will launch a 28-day fast on Independence Day if the government does not invite Ladakh authorities for talks on demands for statehood and constitutional protection for the union territory.
India cannot ignore the neglect of climate finance by the developed nations, Modi asserted at G20 session
According to the report, floods (43.4 per cent) and storms (28.2 per cent) are the two most frequently occurring disasters.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
