Page 41 - Latest Updates on Climate Change
US Fed joins international group of central banks in climate change fight
The US Federal Reserve has joined an international group of central banks focused on climate change risk, a signal that it could move to incorporate the impacts of global warming into regulatory writ
 "US Fed joins international group of central banks in climate change fight")
US Federal Reserve joins global club of peers in climate change fight
The Fed's membership in the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) comes after a yearlong collaboration, the Fed said
 "US Federal Reserve joins global club of peers in climate change fight")
France's Macron announces referendum to add climate goals in constitution
French President Emmanuel Macron announced a referendum to add the fight against climate change and the need to preserve the environment into the French Constitution
 "France's Macron announces referendum to add climate goals in constitution")
Oil major Exxon Mobil plans to lower greenhouse gas emissions by 2025
The world's top oil and gas firms are under heavy pressure from investors and climate activists to meet the 2015 Paris climate goal
 "Oil major Exxon Mobil plans to lower greenhouse gas emissions by 2025")
Unilever to seek shareholder approval for its climate change plans
The company also plans to report on its progress against the plan annually starting 2022
 "Unilever to seek shareholder approval for its climate change plans")
Britain to end government support for fossil fuel sector exports
The announcement by Prime Minister Boris Johnson comes a day before he co-hosts a virtual summit with more than 70 world leaders to mark the fifth anniversary of the Paris climate accord
 "Britain to end government support for fossil fuel sector exports")
Achieve $100 bn climate finance goal for developing nations: Report
This will be imperative to drive strong and sustainable recovery packages, ambitious climate action plans, and accelerated progress
European Union leaders reach consensus on 55% emissions cut by 2030
The member states green-lighted the European Commission's proposal to toughen the bloc's medium-term target as part of the long-term goal to achieve climate neutrality by 2050
 "European Union leaders reach consensus on 55% emissions cut by 2030")
India not responsible for climate change, says Prakash Javadekar
He remarked that India is the only G20 nation to be in compliance with the Paris deal
 "India not responsible for climate change, says Prakash Javadekar")
Weak climate resilience leaves 75% Indian districts prone to extreme events
Over 638 million people in India are vulnerable to extreme climatic events that have surged in the last decade
 "Weak climate resilience leaves 75% Indian districts prone to extreme events")
European Union leaders agree to reduce emissions after all-night talks
'We decided to cut our greenhouse gas emissions of at least 55 per cent by 2030'
 "European Union leaders agree to reduce emissions after all-night talks")
International Mountain Day: How are they under threat and what's at stake
International Mountain Day 2020: Let us take a look at why they are so important for the planet and what threatens them the most
 "International Mountain Day: How are they under threat and what's at stake")
World carbon dioxide emissions drop 7% in 2020 amid Covid-19 lockdowns
A locked-down pandemic-struck world cut its carbon dioxide emissions this year by 7%, the biggest drop ever, new preliminary figures show
 "World carbon dioxide emissions drop 7% in 2020 amid Covid-19 lockdowns")
Microsoft, ITV among 13 more firms to join Amazon's Climate Pledge
With the 13 new signatories, 31 companies have now joined The Climate Pledge
 "Microsoft, ITV among 13 more firms to join Amazon's Climate Pledge")
World Bank okays $300 mn loan to Pak to tackle climate change, solid waste
The Washington-based lender approved $200 million for the Sindh Resilience project and $100 million for the Solid Waste Emergency and Efficiency project
 "World Bank okays $300 mn loan to Pak to tackle climate change, solid waste")
Covid's climate setback
India has done well so far but many falter on the Paris agreement
Best of BS Opinion: Missing the signals on 5G, trimming sails, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: Missing the signals on 5G, trimming sails, and more")
National security, religion present new challenges to India's environment
Security and religion may become additional vetoes on climate change action
Boxed in: French climate activists protest against Amazon's expansion
The campaigners view the U.S. retail giant as a prime factor in the urbanisation of farmland, a process they say is contributing significantly to climate change.
 "Boxed in: French climate activists protest against Amazon's expansion")
Best of BS Opinion: Strategic defence partners, climate change, and more
Here are the best of Business Standard's opinions
 "Best of BS Opinion: Strategic defence partners, climate change, and more")
