Recently, the European Central Bank (ECB) conducted its maiden climate test that showed a sudden jump in carbon prices along with floods and droughts this year would lead to losses of at least US$71.1 billion for the Eurozone’s biggest banks. RBI can learn from other central banks that have already run climate tests using scenarios […]
Climate Change
How to De-risk Low-carbon Investments – EQ Mag Pro
Rapidly growing emerging markets and developing countries need new infrastructure: roads, power plants, water systems. There is an opportunity to develop this infrastructure in a sustainable and climate-compatible way — or not. The path we choose could make or break the chance at a decarbonized, sustainable and climate-resilient future. But building all this infrastructure requires […]
Carbon capture landscape 2022 — still too early to confidently fulfill promises: IEEFA – EQ Mag Pro
It is important for investors to be clear about the type of CCS being discussed, as the different applications have varying levels of technical and commercial maturity, contrasting environmental and social risks and opportunities, and differing mitigation potential. The availability and quality of data from the testing and operations of CCS across all applications is […]
Will Nuclear Fusion Become the Solution for Net Zero Emission in 2050? – EQ Mag Pro
Scientists have been heavily engaged in the study of nuclear fusion over past several years in the hopes of creating the next generation sustainable and low-carbon energy. But will this particular technology actually facilitate mitigation in climate change? Nuclear fusion is definitely not an option if the global temperature rise is suppressed at below 1.5˚C. […]
Kyrgyzstan most vulnerable to climate change: PM – EQ Mag Pro
Bishkek : Kyrgyzstan is one of the most vulnerable countries to the effects of climate change, Kyrgyz Prime Minister Akylbek Japarov said on Thursday. “As a country that is one of the most vulnerable to climate change, the Kyrgyz Republic recognizes the importance of the global climate change problem and makes every effort to solve […]
Joint EIB and European University Institute conference to explore ways to scale up climate finance
Leading experts from finance, industry, government and civil society will convene in Luxembourg Themes include the energy transition, innovation and how to make the United Nations COP27 climate conference a success Conference takes place on 9 June at 14.00 (CET) in hybrid format On 9 June 2022, the European Investment Bank (EIB), together with the EIB […]
Haryana’s climate change plan: Focus on renewable energy, cut down coal use – EQ Mag Pro
GURGAON: Haryana intends to increase the use of renewable energy in the coming years as part of its plan to tackle climate change. On World Environment Day, P Raghavendra Rao, the chairperson of the Haryana State Pollution Control Board (HSPCB), said the plan was to lower the dependency on fossil fuels like coal and cut […]
New Ideas to Align Consumers’ Carbon Footprints with Global Carbon Budgets – EQ Mag Pro
Do you know how much of the world’s carbon budget you “spend”? While individual amounts vary greatly, on a per capita basis each American emits more than 14 tons of greenhouse gases per year. The statistic globally is 4.47 tons per capita, with people in developed countries emitting 2-5 times the amount of carbon dioxide […]
Climate action on CO2 emissions alone won’t prevent extreme warming: study – EQ Mag Pro
To control climate change, the world must go beyond cutting carbon dioxide emissions and curb lesser-known pollutants such as nitrous oxide playing a key role in warming the planet, new research suggests. Decades of global climate discussions have focused on CO2 emissions, which are most abundant in the atmosphere. The common goal of reaching “net-zero” […]
Developing countries’ climate actions contingent on delivery of finance, tech transfer: Union Min – EQ Mag Pro
New Delhi : Union Environment Minister Bhupender Yadav on Saturday said ambitious implementation of climate actions by developing countries is contingent on the adequate delivery of climate finance, technology transfer, and other support. Participating in the BRICS high-level meeting on climate change, the minister highlighted the relevance of the forum to jointly address climate change, […]