India critical part of global climate change solutions, says USAID Administrator Washington : India, which has shown global leadership in the fight against climate change, is a critical part of the global climate change solutions, a top Biden Administration official said on Wednesday. “As one of the most innovative and vibrant economies on Earth, India, […]
Climate Change
World’s largest miners pledge net zero carbon emissions by 2050 – EQ Mag Pro
Mining has a “decarbonisation challenge” because the sector has to reduce emissions while producing metals, such as nickel and copper, that are vital to a lower-carbon economy, said Konrad von Szczepanski, Managing Director and Partner at Boston Consulting Group. Direct and indirect emissions will be lowered by accelerating the use of renewable energy and reducing […]
New plant in Germany aims to make climate friendly kerosene, cut carbon footprint – EQ Mag Pro
Burning that synthetic kerosene releases only as much CO2 into the atmosphere as was previously removed to produce the fuel, making it “carbon neutral.” German officials on Monday unveiled what they said is the world’s first commercial plant for making synthetic kerosene, touted as a climate-friendly fuel of the future. Aviation currently accounts for about […]
Investors with $4 trillion assets aim to tackle Asian firms on climate change goals – EQ Mag Pro
Initial engagement will focus on carbon risk and coal at banks and coal-exposed power companies, the group of investors, facilitated by Singapore-based advisor Asia Research & Engagement (ARE), said in a statement. MELBOURNE : A group of six investors with a combined $4 trillion of assets under management, including Fidelity International, said on Wednesday it […]
Will Progress at Climate Week Spur More Action Ahead of COP26? – EQ Mag Pro
This year’s UN General Assembly (UNGA) and Climate Week NYC saw several major announcements that injected a much-needed jolt of energy into international climate action. As extreme weather events including devastating wildfires, floods and droughts escalate across the globe, these developments must usher in a new wave of climate commitments between now and the COP26 […]
STATEMENT: South Africa’s Climate Commitment Much More Ambitious Than Before – EQ Mag Pro
WASHINGTON : Today South Africa released its latest national climate commitment under the Paris Agreement. The country intends to limit GHG emissions to 398-510 MtCO2e by 2025, and to 350-420 MtCO2e by 2030, significantly lower than targets communicated in 2016. These new targets will also see South Africa’s emissions decline in absolute terms from 2025, […]
UN redoubles green energy push to save climate, boost electricity – EQ Mag Pro
The comments came as governments and the private sector pledged to spend more than $400 billion at a high-level summit. United Nations : The United Nations chief called Friday for the world to redouble its renewable energy efforts to avert a climate emergency and address global energy poverty. “Today, we face a moment of truth,” […]
All countries should emulate what India has done in climate change: First Solar CEO – EQ Mag Pro
WASHINGTON : During his high-profile series of meetings with the top business leaders in the US, Prime Minister Narendra Modi had a fruitful interaction with First Solar CEO Mark Widmar here on Thursday, sources said. Widmar has expressed his happiness with the Indian policies for climate change and related industries, according to sources. PM Modi […]
Strengthening Financial Institution Strategies to Adapt to the Climate Crisis – EQ Mag Pro
In the lead-up to COP26 this November, financial institutions are ramping up their climate commitments, allocating additional investment to clean energy and reducing fossil fuels investment. All 10 major North American banks have set net-zero or Paris-aligned targets within the past year. On April 13, 411 businesses and investors representing $4 trillion in annual revenue […]
Adoption of hybrid energy sources key to meet 2050 carbon emission goals: GE South Asia CTO – EQ Mag Pro
“As we progress to meet our 2050 goal of carbon neutrality and zero carbon emission, we have to think of hybrid energy sources,” Alok Nanda, CEO, GE India Technology Centre & CTO, GE South Asia said in a virtual address at the 17th Edition of India Innovation Summit. Adoption of hybrid energy sources worldwide can […]