The global cost of disasters is growing: The economic burden of disasters is intensifying. While the direct costs of disasters averaged $70–80 billion a year between 1970 and 2000, between 2001 and 2020 these annual costs grew significantly to $180–200 billion. But the real cost is far higher. Disaster costs …
Development of a clear climate framework and a global emissions target is essential if $48-53 trillion for a new sustainable energy infrastructure is to be delivered, according to a new report from the World Energy Council. The findings are uncovered today in the fifth edition of the energy leaders dialogue …
Javadekar suggested the quick operationalisation of the Green Climate Fund which could pay the cost of making climate-friendly technologies Union Minister for Environment, Forest and Climate Change, Prakash Javadekar today reiterated India’s commitment to work with the international community to find practical and pragmatic solutions to climate change. Speaking at …
Ministers from the 17 major emitters, including Indian environment minister Prakash Javadekar, are meeting in Washington DC on Sunday and Monday to address some contentious issues and find a way to ensure a successful outcome at the UN-sponsored climate meet in Paris later this year. Major Economies Forum on Energy …
India made a formal proposal to amend the Montreal Protocol to phase down the super greenhouse gas, HFCs, used primarily as refrigerants and to make insulating foams.
A key milestone towards a new, universal agreement on climate change was reached in Geneva following seven days of negotiations by over 190 nations. Nations concluded the Geneva Climate Change Talks by successfully preparing the negotiating text for the 2015 agreement. The agreement is set to be reached in Paris …
Instead of giving advice, global companies should come forward with their plan of action to help developing nations like India reduce carbon emission and protect environment, newly created NITI Aayog's member Bibek Debroy said today. "Don't tell us what to do, unless you are prepared to do something," Debroy said …
This paper explores the possible role of the 2015 agreement in promoting further mobilisation of climate finance for developing countries in the post-2020 period. Any finance related provisions in the new agreement therefore need to facilitate such a mobilisation, and also need to be dynamic enough to reflect the evolving …
Environment Minister Prakash Javadekar today hoped that the upcoming Budget will give a clear indication as to how India would "walk the talk" on climate issues while negotiating a deal on emission cuts in Paris later this year. Saying that India is already taking actions to address climate change, the …
This first UNEP Adaptation Gap Report provides a framework for defining adaptation gaps and a preliminary assessment of the gap between adaptation needs and reality. It proposes an approach for identifying and assessing the current state and action in key adaptation areas, and comparing these with the potential now, and …
Today, the transport sector accounts for almost a quarter of energy-based, polluting CO2 emissions, a share that is expected to grow. If no countermeasures are taken, CO2 emissions from the transport sector are projected to rise by about 70% between 2010 and 2050. NAMAs offer a unique opportunity for developing …
New research demonstrates that for every one tonne of CO2 emissions removed from the atmosphere through carbon offsetting, a further $664 of value is delivered in economic, social and environmental benefits to local communities around the world. The research was conducted by Imperial College London in partnership with the International …
The British government is very keen to see the operationalising of the Green Climate Fund (GCF). “It was never us blocking the process nor was it the Organisation for Economic Cooperation and Development (OECD) countries. It appears that we are now close to operationalising the GCF and we will be …
Ministers of China, Brazil and South Africa to hold closed-door talks with Environment Minister Prakash Javadekar and team The ministers of China, Brazil and South Africa, along with their respective climate change negotiators, will hold closed-door talks with Environment Minister Prakash Javadekar and his team on August 7-8. This meeting …
Survey quiet on clearances, mitigation costs The Economic Survey 2013-14, announced on Wednesday, appears to be setting the tone for India’s climate change negotiations on global fora. It is in line with a statement made recently by Prakash Javadekar, Minister of State (Independent Charge) for Environment, Forests and Climate Change, …
Tells the Green Funds should be used to buy out IPRs of clean technologies to distribute to poor countries Actions of the developing countries, including India, in the run up to the Paris summit of world leaders in Climate Change would be predicated on successful operationalisation of the $100 billion …
Ahead of the UN Climate Change conference, India on Tuesday said it will play a proactive role to battle global warming but it expected the developed world to “walk the talk” on this crucial issue. Environment Minister Prakash Javadekar, who discussed climate change issues with visiting French Foreign Minister Laurent …
The guidebook aims to provide private sector to enhance their low-carbon businesses in India. As India aims to regain its economic growth momentum at the rate of about 9%, the demand for energy, particularly commercial energy, is expected to rise rapidly. Energy use, as well as its implications such as …
The Indian nuclear energy program is at crossroads, with several alternative pathways of industrial development potentially open to it. These possibilities include options for technology selection and development, as well as for organising the efforts of the state owned entities and private companies. The nuclear energy program also sets and …
The U.N. climate negotiations went into overtime with most contentious issues for this year being discussed between gathered Ministers. By Friday evening, the only breakthrough, a partial one, was on the creation of a mechanism to address loss and damage from climate change. The Ministers decided that a Warsaw Mechanism …
