The Japan Bank for International Cooperation (JBIC) and the Government of India (GoI) have signed an agreement to establish a $600 million India-Japan Fund (IJF) to address climate and environmental...
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Data-related risks and unpredictable weather patterns have emerged as some of the biggest concerns for Indian business leaders steering their companies through an increasingly volatile economic environment, a new study found.
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StratNews Global reports: last week the Intergovernmental Panel on Climate Change (IPCC), the apex global body monitoring climate, submitted its sixth assessment report. The findings are a grim wake-up call to the world, especially for the developed countries—the largest polluters in per capita terms.
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Aprameya Rao for Budget News reports India holding the presidency of G20, where it is expected to pitch for a "Green Development Pact", has also brightened the prospects of a 'greener' Budget this year.
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A herd of Indian green unicorns could drive decades of economic growth. They will create lakhs of green jobs, save millions of tonnes of carbon emissions and generate thousands of crores of wealth for the country.
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Michael Wolf for The Spoon reports the new Center for Planetary Health (C4PH) will be built next to Brooklyn’s Navy Shipyard as part of Newlab, a cross-industry innovation coworking center, and venture studio.
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Katie Honan for The City reports Mayor Eric Adams wants to create a 50,000-square-foot center to cultivate the growing life sciences and biotech industry at the historic shipyard. Satish Rao, the chief product officer at Newlab, said the city’s interest and investments should help the biology and traditional life sciences fields continue to grow.
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Climate change impacts will go way beyond temperature increases. Tipping points - cataclysmic, irreversible events with cascading domino effects that can wipe out humanity - are the under-studied crisis of climate change.
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Silicon and lithium prices, venture capital’s appetite for funding climate tech and other factors will set the pace of the clean energy transition this year.
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Global Climate Tech Venture Capital had an exceptionally strong 2022 delivering $70.1B of investment, defying gravity in a broader market that has fallen significantly.
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A Junior VC reports: Last fortnight the COP27 was kicked off, and India became the highest-ranked big country on the global Climate Change Index. As the world fights climate change, India is a dark horse emerging from the shadows to become a climate superpower.
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Erin Wong reports every day, Abhishek Thadi rides his electric scooter to work at a tech park in Bengaluru, India — at times, joyriding aimlessly. Thanks to his charger at home, he said, his trips cost a mere 25 rupees (31 U.S. cents) per 75 kilometers of road. He can speed along the airport expressway at 80 kilometers per hour, or take a trip to Mysuru, a neighboring town, charging once along the way. “The future is here,” Thadi said to Rest of World. “I was expecting that this kind of performance would be way off by many years.”
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Henry Fountain writes: Failure to limit global warming to the targets set by international accords will most likely set off several climate “tipping points,” a team of scientists said on Thursday, with irreversible effects including the collapse of the Greenland and West Antarctic ice sheets, abrupt thawing of Arctic permafrost and the death of coral reefs.
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Outlook reports that despite political tensions and cultural rivalry, India and Pakistan have a history of lending a helping hand when calamity strikes the other. In the face of imminent climate calamity, need for regional cooperation in South East Asia is the need of the hour.
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Montek S. Ahluwalia and Utkarsh Patel advise that we could stake a claim to leadership by following up our commitments with a finely detailed action plan for the next 10 years.
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BBC News reports Australia's parliament has passed legislation that will reduce carbon emissions by 43% by 2030 and to net zero by 2050. The rush to become net zero is not a trend, but a global mission.
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A tax credit by way of the Inflation Reduction Act is set to revive the clean hydrogen industry, making clean hydrogen economically feasible for both existing hydrogen-using and new categories of companies.
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Increasingly severe weather brought about by climate change has devastated global food systems, and will continue to do so left unanswered. Now is the time to address these critical, environmental problems.
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Jeff Masters reports increased drought and extreme heat adversely affecting agriculture likely pose the highest threat to civilization over the next 40 years. The greatest danger: extreme droughts supercharged by climate change, affecting multiple grain-growing areas simultaneously, causing “food shock” events that could trigger food prices spikes leading to mass starvation, war, and a severe global economic recession.
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Jeff Cox reports the Federal Reserve’s new banking regulator outlined a broad agenda in a speech Wednesday that pushed for action on stablecoins, climate change preparations and both the safety and fairness of the finance industry.
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