The success of COP26 may hinge on whether countries can agree on a host of thorny issues related to climate finance. The most recent IPCC report confirmed the urgent need to accelerate climate action to keep global warming to 1.5 degrees C (2.7 degrees F) as specified in the Paris Agreement. To do that, developing […]
Climate Change
3 Clean Energy ETFs In Time For The UN COP26 Climate Summit – EQ Mag Pro
The 26th United Nations’ Climate Change Conference of the Parties, or COP26 Summit, will begin in Glasgow, Scotland, on Oct. 31. We recently introduced two exchange-traded funds (ETFs) that could appeal to readers interested in the alternative energy space. Today, we continue our discussion with three more funds. 1. ALPS Clean Energy ETF Current Price: […]
Younger people within G20 want bold climate actions: Poll – EQ Mag Pro
New Delhi : A major poll of public opinion on climate change in the G20 countries published on Monday by the UN Development Programme (UNDP) and the University of Oxford shows how public support for climate action is set to strengthen in the near future as climate-aware teenagers become of voting age, enter the workforce, […]
Enpal secures EUR 150m investment from SoftBank Vision Fund 2 for fight against the climate crisis
BERLIN : Just weeks before world leaders gather at the UN Climate Change Conference (COP26) in Glasgow in November to discuss measures to address the climate crisis, German solar start-up, Enpal, today announces that it has closed a EUR 150m investment from SoftBank Vision Fund 2. The investment concludes Enpal’s Series C financing round. The […]
Climate-friendly Investments Can Create More Jobs Per Dollar than Polluting Alternatives
The coronavirus pandemic has been the biggest disruption to the global labor force in generations. It’s also exacerbated inequality. Global unemployment was equivalent to 127 million full-time jobs in the second quarter of 2021. The number of people who do have jobs but are living in poverty has increased – undoing five years of progress. While in some countries […]
Cop26: In Glasgow, China-US tensions could shape climate future
Ahead of the COP26 summit in Glasgow, experts believe that breakthrough US-China cooperation could be the catalyst for a historic agreement on climate change. Washington: Global momentum is building on the climate crisis but action will be impossible without two nations, China and the United States, which together account for more than half of emissions […]
ADB Should Take Stronger Leadership Role for Effective Climate Action in Asia and Pacific Region — Independent Evaluation Report
MANILA : The Asian Development Bank (ADB) should take a stronger leadership role on climate action in Asia and the Pacific, a region which is both a high contributor to global greenhouse gas accumulation and a casualty of the impacts of climate change and weather-related calamities, says a report released by ADB’s Independent Evaluation Department […]
Are Countries Providing Enough to the $100 Billion Climate Finance Goal?
In 2009, developed countries committed to jointly mobilize $100 billion annually in climate finance by 2020 to support developing countries in reducing emissions and adapting to climate change. This long-standing commitment is key to trust and solidarity between developed and developing countries, rooted in the fact that developed nations are responsible for the majority of carbon […]
Environment Minister pitches for global public partnership to tackle Climate Change
New Delhi : Union Environment Minister Bhupender Yadav on Thursday said the need of the hour is global public partnership to harness technology, innovation and finance to help developing countries scale up their efforts to protect nature. Addressing the US-India Business Council”s India Ideas Summit, the minister reiterated that India”s climate actions and obligations are […]
India-US partnership underscores joint commitment to taking decisive climate action: Kerry – EQ Mag Pro
During his recent trip to India last month, US Special Presidential Envoy on Climate Change John Kerry said that he along with his Indian counterpart Bhupendra Yadav launched the climate action and finance mobilisation dialogue. Washington : The ambitious India-US partnership in the area of climate change underscores the joint commitment of the two countries […]