In Short : The Asian Development Bank (ADB) has launched a new action plan aimed at strengthening disaster resilience across its member countries. This initiative focuses on enhancing preparedness, response, and recovery strategies to mitigate the impacts of natural disasters. The plan includes investments in infrastructure, risk assessment, and community engagement, emphasizing the importance of […]
ADB Issues its First Biodiversity and Nature Bond – EQ
In Short : The Asian Development Bank (ADB) has issued its first Biodiversity and Nature Bond, aimed at financing projects that protect and restore biodiversity. This innovative financial instrument will support initiatives focused on sustainable land use, conservation efforts, and climate resilience. By attracting investments for nature-related projects, ADB seeks to address environmental challenges and […]
UN Climate Secretary Calls for Increased Climate Finance Ahead of COP29 – EQ
In Short : Ahead of COP29, the UN Climate Secretary urged nations to “step up, scale up” climate finance. Highlighting the urgent need for increased funding, the Secretary emphasized that developing countries require more support to combat climate change effectively. Enhanced financial commitments and innovative funding mechanisms are essential for addressing climate-related challenges and ensuring […]
Union Minister of State Sh. Kirti Vardhan Singh and Colombian Vice Minister Mr. Jorge Enrique Rojas Rodriguez Discuss Climate Change, Strengthen Environmental Cooperation – EQ
In Short : Union Minister of State Sh. Kirti Vardhan Singh met with Colombian Vice Minister Mr. Jorge Enrique Rojas Rodriguez to discuss climate change issues. They emphasized the importance of collaboration in tackling environmental challenges and enhancing bilateral cooperation. The meeting aimed to strengthen ties between India and Colombia, focusing on sustainable development and […]
Disasters Trigger More Displacements than Conflicts, Says New ADB-IDMC Report – EQ
In Short : A recent ADB-IDMC report reveals that natural disasters are now causing more displacements than armed conflicts. This trend highlights the growing vulnerability of populations to climate-related events like floods and droughts. The report urges enhanced disaster preparedness, sustainable development practices, and global cooperation to address displacement’s root causes and better support affected […]
Ministry of Environment, Forest and Climate Change notifies Ecomark Rules under Lifestyle for Environment initiative – EQ
In Short : The Ministry of Environment, Forest and Climate Change has announced Ecomark Rules under the Lifestyle for Environment (LiFE) initiative. These rules aim to promote eco-friendly products through a certification system, encouraging sustainable consumption. By setting standards for various product categories, the initiative seeks to raise awareness of environmentally responsible choices and reduce […]
Climate Change, Sustainability & Energy Sector Transition – EQ
Dr. Prashant Khankhoje Managing Director A2Z Energies Britain stopped producing electricity from Coal power plant. The UK announced closure of “Ratcliff-on-Soar” plant with last unit generated on 30th September 2024, after running since 1967. This is Britain’s journey towards fight against climate change. Now the electricity generation is from Wind, Solar, Wave, Nuclear, Natural gas […]
Union Secretary for Ministry of Environment, Forest and Climate Change delivers opening remarks at Summit of the Future Side Event in the United Nations Headquarters – EQ
In Short : The Union Secretary for the Ministry of Environment, Forest and Climate Change delivered the opening remarks at the Summit of the Future side event, held at the United Nations Headquarters. The address highlighted India’s commitment to sustainable development, climate action, and global cooperation, emphasizing the need for collective efforts to tackle environmental […]
India on track to achieve Nationally Determined Contribution to mitigate climate change: Saraswat – EQ
In Short : Dr. V.K. Saraswat of NITI Aayog stated that India is on track to achieve its Nationally Determined Contributions (NDCs) under the Paris Agreement. India’s NDCs include reducing emissions intensity, increasing non-fossil fuel power generation, and enhancing carbon sinks through afforestation. Progress in renewable energy, energy efficiency, and sustainable practices underscores India’s commitment […]
Pharma & biotech industry propels ESG implementation with concerns over climate change & global supply disruptions – EQ
In Short : The pharmaceutical and biotech industry is accelerating its adoption of Environmental, Social, and Governance (ESG) practices due to growing concerns about climate change and global supply chain disruptions. Companies in these sectors are increasingly prioritizing sustainable practices to mitigate environmental impact, enhance supply chain resilience, and address the broader implications of climate […]