New Delhi : The man behind bringing nearly all 200 nations into a common cause — to adapt to the effects of climate change and limit the rise in average global temperature to 1.5 C as required by the 2015 Paris Agreement — is an Indian-origin UK minister. Born to Hindu parents in Agra and […]
Climate Change
PM Modi sets 2070 net-zero target, demands $1 trillion climate finance – EQ Mag Pro
In a major announcement, Prime Minister Narendra Modi today committed to ‘net-zero’ emissions by India by 2070 at the COP26 climate summit in Glasgow. “India will be net zero by 2070,” the Prime Minister told the world at the high-level segment of COP26 World Leaders’ Summit, upscaling India’s nationally determined contributions (NDCs) which are at […]
World’s first partnership for transnational solar power grid launched in Glasgow – EQ Mag Pro
World’s first partnership for interconnected solar grid, known as the Green Grids Initiative – One Sun One World One Grid (GGI-OSOWOG) launched on Tuesday at the COP26 climate conference in Glasgow. The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency unveiled plans for the first international network of global […]
European Commission, Breakthrough Energy Catalyst and EIB advance partnership in climate technologies – EQ Mag Pro
At the United Nations Climate Change Conference of the Parties (COP26) in Glasgow, European Commission President Ursula von der Leyen and Bill Gates, the Founder of Breakthrough Energy, together with European Investment Bank President Werner Hoyer, have officially entered into a pioneering partnership that will boost investments in critical climate technologies. Today’s signing of a […]
ADB, EIB Sign MOU on Core Areas of Climate, Environment – EQ Mag Pro
GLASGOW, UNITED KINGDOM : The presidents of the Asian Development Bank (ADB) and European Investment Bank (EIB) signed a memorandum of understanding (MOU) today setting out areas of cooperation in Asia and the Pacific over the next 5 years. Under the MOU, signed on the sidelines of COP26 in Glasgow, the institutions agreed to work […]
MDBs Pledged to Align Financial Flows with the Paris Agreement. They’re Not There Yet – EQ Mag Pro
Two years after the 2015 Paris Agreement, the world’s multilateral development banks (MDBs) committed to align their financial flows with the landmark climate pact’s goals. Now, four years later, it’s clear that as a group, the MDBs are still a long way away from realizing their commitment throughout their portfolios. While MDBs have focused on […]
Carrefour Raises Climate Goals as Targets 2040 Carbon Neutrality – EQ Mag Pro
French retailer Carrefour SA said it aims to become a carbon-neutral company by 2040 by quickening its initiatives to reduce emissions of greenhouse gases. Carrefour aims to reduce its emissions by 70% in 2040 versus 2019 levels, 15 percentage points more than its previous target, the company said Sunday in a statement. The retailer said […]
Agenda for CoP26: Why China matters at Glasgow – EQ Mag Pro
As the new global superpower and polluter, China’s emissions will have a significant impact on the world’s ability to achieve its climate goals There is a before-China and after-China period in climate change. Till the early 2000s, the US, EU, UK, Russia, Australia, Canada and Japan dominated global emissions. But this has changed significantly from […]
COP26: Why it’s a long road ahead for India’s tryst with climate change – EQ Mag Pro
India has systems in place to move towards green energy, but gaping holes in infrastructure; dependency on fossil fuels is a huge deterrent in that shift, amidst burgeoning global warming levels. As the international community braces for the next round of negotiations on climate change mitigations at Glasgow (COP26), India has a good case for […]
RELEASE: Progress lagging across all sectors to limit warming to 1.5 C, but rapid change is possible, finds new report – EQ Mag Pro
To achieve the rapid, far-reaching transformations required to address the climate crisis, public and private climate finance must increase thirteen times faster. WASHINGTON : To keep the window open to achieve the Paris Agreement’s goal to limit global warming to 1.5°C, decision-makers across all corners of society need to accelerate transformations toward a net-zero carbon […]